Federal agencies have released a final rule and a guidance document that require firms bidding on federal projects to disclose more information about their track record in complying with workplace safety, labor and civil rights laws before they can win a federal contract.

The regulation and guidance, released on Aug. 24, implement a July 2014 presidential executive order that aims to increase efficiency and cost savings in federal contract procurement. The Labor Dept. issued the guidance and the Federal Acquisition Council issued the regulation.