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
2026-16680, Submission for OMB Review; Privacy Training
Under the provisions of the Paperwork Reduction Act, the Regulatory Secretariat Division has submitted to OMB a request to review and approve an extension of a previously approved information collection requirement regarding privacy training.
2026-16612, Regulatory Agenda
This agenda provides summary descriptions of regulations being developed by the Federal Acquisition Regulatory Council in compliance with Executive Order 12866 "Regulatory Planning and Review, as reaffirmed and amended in Executive Order 13563, "Improving Regulation and Regulatory Review." This agenda is being published to allow interested people an opportunity to participate in the rulemaking process. Additionally, members of the public can track the progress of any open and pending Federal Acquisition Regulation (FAR) rule via the "Open FAR Cases" report, which is publicly available at https://www.acq.osd.mil/dpap/ dars/farcasestatus.html. The Regulatory Secretariat Division has attempted to list all regulations pending at the time of publication, except for minor and routine or repetitive actions; however, unanticipated requirements may result in the issuance of regulations that are not included in this agenda. There is no legal significance to the omission of an item from this listing. Also, the dates shown for the steps of each action are estimated and are not commitments to act on or by the dates shown. Published proposed rules may be reviewed in their entirety at the Government's rulemaking website at https://www.regulations.gov.
2026-16678, Submission for OMB Review; Contract Financing
The government is asking for approval to keep collecting info from contractors about how they want to get paid during contracts. This affects companies working with the government, who must share details about payment schedules and amounts. Comments are open until September 14, 2026, so now’s the time to speak up if you have thoughts!
2026-16679, Submission for OMB Review; Architect-Engineer Qualifications (SF-330)
Under the provisions of the Paperwork Reduction Act, the Regulatory Secretariat Division has submitted to OMB a request to review and approve an extension of a previously approved information collection requirement regarding architect-engineer qualifications (Standard Form (SF) 330).
2026-16677, Submission for OMB Review; Prospective Subcontractor Requests for Bonds
The government is asking to keep collecting info from subcontractors who want to see payment bonds before working on federal construction projects. This helps protect everyone by making sure payments are secure. If you’re a subcontractor or supplier, you might need to request these bonds soon, and comments on this process are open until September 14, 2026.
2026-16681, Submission for OMB Review; Prohibition on Contracting With Entities Using Certain Telecommunications and Video Surveillance Services or Equipment
Under the provisions of the Paperwork Reduction Act, the Regulatory Secretariat Division has submitted to OMB a request to review and approve an extension of a previously approved information collection requirement regarding the prohibition on contracting with entities using certain telecommunications and video surveillance services.
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!
Next: 2026-09526, Information Collection; Prohibition on Contracting With Entities Using Certain Telecommunications and Video Surveillance Services or Equipment
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.