The Department of Defense (DOD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA) have issued a notice regarding a request submitted to the Office of Management and Budget (OMB) for an extension of certain information collection requirements under the Federal Acquisition Regulation (FAR) Part 15. These requirements include providing details on make-or-buy decisions, negotiations, unit prices, ownership changes, and pass-through charges to ensure fair contracting practices. Public comments on this proposal are invited until April 14, 2025.
Simple Explanation
The people in charge of buying things for the government want to keep getting advice on how to spend money wisely, so they asked if they can continue collecting information about some types of contracts. They also want to hear what everyone thinks about this idea until mid-April.