Defense Acquisition Data Collection Gets Routine Three-Year Extension
Published Date: 5/29/2026
Notice
Summary
The Department of Defense is asking to keep collecting info from businesses about contract payments for three more years. This affects about 1,000 companies who respond around 14,000 times a year, spending about 1.2 hours each time. They want your thoughts by July 28, 2026, to make sure the process stays useful and not too time-consuming.
Analyzed Economic Effects
3 provisions identified: 0 benefits, 3 costs, 0 mixed.
Detailed Performance‑Payment Reporting
DFARS subpart 232.10 and clauses 252.232-7012 and 252.232-7013 require contractors to provide proposed performance‑based payment schedules (events, completion criteria, event values, expenditure profile) and to report negotiated values of completed and current performance‑based payments, cumulative values, total costs incurred to date, cumulative payments previously requested, and the current payment amount requested.
Proposed 3‑Year Extension of Reporting
The Department of Defense is proposing to continue collecting contract‑financing information from businesses for three more years under OMB Control Number 0704-0359. About 1,000 companies respond roughly 14 times per year (14,000 responses total), each response averaging 1.2 hours, for 16,800 annual burden hours; DoD will accept comments through July 28, 2026.
85% Funding Notification Requirement
Under DFARS clause 252.232-7007, contractors on incrementally‑funded fixed‑price contracts must provide a written notification when the total amount payable will approximate 85% of the amount allotted. The notification must state the estimated date when 85% will be reached, any estimate of additional funding needed to continue performance, and the estimated amount of additional funds required for timely performance.
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Key Dates
Department and Agencies
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The Department of Defense wants to keep collecting info from businesses about their subcontracting policies to make sure everything runs smoothly. This info collection is up for renewal and will continue for another three years if approved. If you’re a business involved with DoD contracts, get ready to keep sharing your info, with no big changes or extra costs expected.
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The FDA just released new guidance to help medical device makers include the right human factors info in their marketing submissions. This makes the review process faster and clearer for everyone involved. If you make or review medical devices, get ready to follow these updated steps starting now—saving time and possibly money!