Six Federal Forms Help Settle the Costs of Ended Contracts
Published Date: 6/16/2025
Notice
Summary
Contractors working with the government, including Defense and NASA, need to keep using special forms (SFs 1435-1440) when settling ended contracts. The government is asking to extend approval for these forms, which help figure out fair payments after contracts end. If you want to comment, do it by July 16, 2025—no big changes or costs are expected.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Continue using SFs 1435-1440
If you are a government contractor, you must continue using Standard Forms (SFs) 1435 through 1440 (OMB Control No. 9000-0012) when settling terminated prime contracts and subcontracts under FAR subpart 49.6. These forms are used by all Executive agencies, including the Department of Defense and NASA, and contracting officers use the information to determine reimbursement costs upon settlement.
Annual paperwork burden totals
The information collection for SFs 1435-1440 lists 4,862 respondents, 38,059 total annual responses, and 91,342 total annual burden hours. These totals are reported for OMB Control No. 9000-0012 and reflect the current annual paperwork burden for the termination settlement proposal forms.
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