Agencies Want to Keep Tracking Government Contract Payments for Years
Published Date: 5/13/2026
Notice
Summary
The government agencies in charge of buying stuff—like the Department of Defense, NASA, and others—are asking to keep collecting info about contract payments for three more years. They want your thoughts on how this info helps them work better and how to make it easier to share. If you’re involved in government contracts, this could affect how you report payment details, with no new costs but a chance to improve the process.
Analyzed Economic Effects
3 provisions identified: 1 benefits, 2 costs, 0 mixed.
Contract Financing Collection Extended
The agencies ask OMB to extend approval for the contract financing information collection that is currently approved through October 31, 2026, for three additional years (i.e., through October 31, 2029). Comments on the extension will be considered if received by July 13, 2026.
Specific Payment Details Required
Under FAR clauses cited (52.232-28 through 52.232-32), offerors and contractors must provide detailed contract-financing data such as proposed contractual language for performance-based payments, listings of projected performance-based payment dates and amounts, projected delivery dates and payment amounts, itemized statements with supporting information for payment requests, and a certification by an authorized contractor official.
One Common Form for All Agencies
The General Services Administration is the sponsor of a common form that all executive agencies covered by the FAR will use for this contract-financing information. Each agency will report its own burden separately and those reports will be available on Reginfo.gov.
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Key Dates
Department and Agencies
Related Federal Register Documents
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2026-20270, Information Collection; Presolicitation Notice and Response
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2026-20271, Information Collection; Federal Acquisition Regulation Part 11 Requirements
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2026-20126, Submission for OMB Review; Certain Federal Acquisition Regulation Part 28 Requirements
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Previous / Next Documents
Previous: 2026-09523, Information Collection; Prospective Subcontractor Requests for Bonds
The government is asking for your thoughts on keeping a form that helps subcontractors request bonds when working on federal projects. This form helps agencies like the DoD, NASA, and GSA make sure subcontractors are reliable and financially secure. They want to extend the use of this form for three more years, so if you’re involved in federal contracts, your input matters before July 13, 2026!
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The government is asking for your thoughts on keeping rules that stop contracts with companies using certain risky telecom and video gear. This affects businesses wanting to work with federal agencies like the DoD, NASA, and GSA. The current approval lasts until the end of 2026, and they want to extend it for three more years to keep things safe and clear.