Agencies Seek Renewal of Acquisition Rule Paperwork
Published Date: 5/22/2026
Notice
Summary
The government agencies in charge of buying stuff—like the Department of Defense and NASA—are asking for your thoughts on keeping some paperwork rules for three more years. These rules help make sure buying processes are clear and fair, but they want to know if the paperwork is worth the effort or if it can be easier. If you’re involved in government contracts, this could affect how you report info until 2027.
Analyzed Economic Effects
3 provisions identified: 0 benefits, 3 costs, 0 mixed.
Bond and Payment Protection Requirements Remain
Contractors must continue to provide required bid guarantees, performance and payment bonds, or alternative payment protections under FAR part 28: alternative payment protections are required for construction contracts greater than $35,000 but not exceeding $150,000, while performance and payment bonds are required for construction contracts exceeding $150,000. Contractors using an irrevocable letter of credit or individual sureties must supply specified information (including Standard Forms such as SF 24, SF 25, SF 28, SF 1414, SF 1415, SF 1416, and SF 1418) so contracting officers can determine acceptability.
Information Collection Approval Extended
If you bid on or hold Federal contracts, the paperwork rules in FAR part 28 are approved for use through January 31, 2027, and the agencies propose extending that approval for three more years. The agencies are asking for public comments by July 21, 2026 about whether to keep these information-collection requirements.
Estimated Annual Paperwork Burden
The agencies estimate 22,916 respondents, 22,926 total annual responses, and 22,912 total annual burden hours for these FAR part 28 information collections. These numbers describe the paperwork time government contractors and offerors are expected to spend each year to comply.
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Key Dates
Department and Agencies
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