The Department of Defense, General Services Administration, and NASA have made a request to the Office of Management and Budget to review and extend a current information collection related to improper business practices and conflicts of interest under the Federal Acquisition Regulation. This consolidation aims to make it easier for industry participants to identify and manage these requirements, while reducing redundancy and administrative burden. Contractors must submit information related to several contract clauses, including independent price determination, anti-kickback procedures, and preventing personal conflicts of interest. The public can comment on these requirements until March 8, 2021.
Simple Explanation
The Defense Department, NASA, and a few others asked for permission to keep collecting information from companies about how they do business, to make sure they're not doing anything wrong or unfair. They hope this will make things simpler, and people can comment on these rules until March 8, 2021.