Oct 1, 2025 · The purpose of this subpart is to generally describe records retention requirements and to allow reductions in the retention period for specific classes of records under prescribed …

4 days ago · Federal contractors often ask how long to keep records after closeout for FFP, CPFF, T&M, and construction contracts. This 500-word post explains FAR Subpart 4.7’s …

Federal Record Retention Requirements The following chart includes federal requirements for record-keeping and retention of employee files and other employment-related records.

FAR 4.805, the authoritative guidance in the FMR for contract files identifies a 6 year records retention period. DLA and DON have established a 10 year retention in their DFARS …

May 6, 2024 · Under FAR 4.805 (c), agencies are typically required to retain contracts and related records and documents for six years after final payment is made on the contract. These …

The federal government's new retention policy no longer mandates different retention periods for contracts based on award amount, amount over or under the simplified acquisition threshold, …

The contractor, for its own pur-poses, retains the foregoing records and supporting evidence for a longer period. Under this circumstance, the retention period shall be the period of the con …

Dec 3, 2025 · How Long Does a Business Need to Keep Records? Get expert guidance on legally mandated record retention periods for tax, employment, and corporate governance compliance.

When a contractor relies on records generated during a prior contract for cost or pricing data in negotiating a succeeding contract, the retention periods run from the date of the succeeding …

Dec 3, 2025 · Why Certified Payroll Records Retention Requirements Matter for Construction Companies Certified payroll records retention requirements determine how long contractors …