“…Specifically, we study how government disclosures facilitate the monitoring of public entities by lowering users’ information processing costs. Most accounting studies in the public sector focus on the use of governmental accounting data for valuation and stewardship purposes (e.g., Baber and Gore [2008], Cuny, [2016, 2018], Cuny, Kim, and Mehta [2020], Gillette, Samuels, and Zhou [2020], Nakhmurina [2022], Dambra, Even‐Tov, and Naughton [2023]). In contrast, we study how archival procurement data affect public officials’ contract‐award decisions.…”