; and (B) to provide for the appropriate use of such contracts, including, as appropriate, parameters related to duration and cost. (2) Guidance The Administrator for Federal Procurement Policy, in consultation with the Administrator of General Services, may issue guidance to executive agencies regarding the use of bridge contracts, including with respect to duration and cost, and related guidance to implement the policies described under paragraph (1). 3. Agency transparency and reports (a) Guidance on information collection Not later than 30 days after the date of the enactment of this Act, the Administrator for Federal Procurement Policy shall issue guidance for executive agencies to collect information on the use of bridge contracts. The guidance shall include an interim definition of bridge contracts for agencies to use in their reporting until the Federal Acquisition Regulation is amended pursuant to section 2(b)(1). (b) Reporting to office of federal procurement policy (1) In general Not later than September 30, 2019, and by September 30 of each subsequent year thereafter until 2025, the head of each executive agency shall submit to the Administrator for Federal Procurement Policy a report on the use by the agency of bridge contracts. (2) Elements The report required under paragraph (1) shall include the following elements: (A) The common definition for bridge contracts used by contracting offices of the executive agency. (B) The total number of bridge contracts entered into during the previous 5 fiscal years. (C) The estimated value of each contract that required the use of a bridge contract and the cost of the bridge contract or contracts. (D) The reasons for and cost of each bridge contract. (E) The types of services or goods being acquired under each bridge contract. (F) The length of the initial contract that required the use of a bridge contract, including the base and any exercised option years, and the cumulative length of any bridge contract or contracts related to the initial contract. (G) A