Treasury Wants Your Take on Cutting Contractor Paperwork Hassle
Published Date: 3/20/2026
Notice
Summary
The Department of the Treasury wants to keep collecting info from contractors about their work on government contracts, but they’re asking for your thoughts on how to make this easier and less time-consuming. This affects companies working with Treasury, who usually spend about 24 hours a month reporting progress. Comments are open until May 19, 2026, so now’s the time to speak up and help cut down paperwork!
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Monthly Post‑Award Reporting Burden
If your company holds a contract with the Department of the Treasury, you must provide post‑award information using the "Monthly Workforce Report." Treasury estimates 6,304 respondents with an average burden of 24 hours per contract (monthly), totaling 151,296 annual burden hours. Comments on reducing this paperwork are due by May 19, 2026.
Proposal Submission Staffing‑Plan Burden
If your firm seeks a Treasury contract, you may be required to submit solicitation information such as an "Initial Staffing Plan." Treasury estimates 20,946 respondents with an average burden of 10.4 hours per proposal submission and a total of 217,812 annual burden hours. Treasury is seeking comments on burden and ways to reduce it; comments are due by May 19, 2026.
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