Federal Acquisition Regulation (FAR): Agency information collection activities Proposed collection; comment request,
FR, February 24, 1998 › Notices › National Aeronautics and Space Administration
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Federal Register: February 24, 1998 (Volume 63, Number 36)NoticesPage 9212From the Federal Register Online via GPO Access [wais.access.gpo.gov]
DOCID:fr24fe98-50
[Page 9212]
DEPARTMENT OF DEFENSE
GENERAL SERVICES ADMINISTRATION
NATIONAL AERONAUTICS AND SPACE ADMINISTRATION
OMB Control No. 900-0138Proposed Collection; Comment Request Entitled Contract Financing
AGENCIES: Department of Defense (DOD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA).
ACTION: Notice of request for comments regarding a revision to an existing OMB clearance.
SUMMARY: Under the provisions of the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35), the Federal Acquisition Regulation (FAR) Secretariat will be submitting to the Office of Management and Budget (OMB) a request to review and approve a revision to a currently approved information collection requirement concerning Contract Financing. The clearance currently expires on May 31, 1998.
DATES: Comments may be submitted on or before April 27, 1998.
FOR FURTHER INFORMATION CONTACT: Jerry Olson, Federal Acquisition Policy Division, GSA (202) 501-3221.
ADDRESSES: Comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for reducing this burden, should be submitted to: FAR Desk Officer, OMB, Room 10102, NEOB, Washington, DC 20503, and a copy to the General Services Administration, FAR Secretariat, 1800 F Street, NW, Room 4037, Washington, DC 20405. Please cite OMB Control No. 9000-0138, Contract Financing, in all correspondence.
SUPPLEMENTARY INFORMATION:
A. Purpose
The Federal Acquisition Streamlining Act of 1994, Pub. L. 103-355, provided authorities that streamlined the acquisition process and minimize burdensome government-unique requirements. Sections 2001 and 2051 of the Federal Acquisition Streamlining Act of 1994 substantially changed the statutory authorities for Government financing of contracts. Sections 2001(f) and 2051(e) provide specific authority for Government financing of purchases of commercial items, and sections 2001(b) and 2051(b) substantially revised the authority for Government financing of purchases of non-commercial items.
Sections 2001(f) and 2051(e) provide specific authority for Government financing of purchases of commercial items. These paragraphs authorize the Government to provide contract financing with certain limitations.
Sections 2001(b) and 2051(b) also amended the authority for Government financing of non-commercial purchases by authorizing financing on the basis of certain classes of measures of performance.
To implement these changes, DOD, NASA, and GSA amended the Federal Acquisition Regulation by revising Subparts 32.0, 32.1, and 32.5; by adding new Subparts 32.2 and 32.10; and by adding new clauses to 52.232.
The coverage enables the Government to provide financing to assist in the performance of contracts for commercial items and provide financing for non-commercial items based on contractor performance.
B. Annual Reporting Burden
Public reporting burden for this collection of information is estimated to average 2 hours per request for commercial financing and 2 hours per request for performance-based financing, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information.
The annual reporting burden for Commercial Financing is estimated as follows: Respondents, 1,000; responses per respondent, 5; total annual responses, 5,000; preparation hours per response, 2; and total response burden hours, 10,000.
The annual reporting burden for Performance-Based Financing is estimated as follows: Respondents, 500; responses per respondent, 12; total annual responses, 6,000; preparation hours per response, 2; and total response burden hours, 12,000.
Obtaining Copies of Proposals
Requester may obtain a copy of the justification from the General Services Administration, FAR Secretariat (MVRS), 1800 F Street, NW, Room 4037, Washington, DC 20405, telephone (202) 501-4755. Please cite OMB Control No. 9000-0138, Contract Financing, in all correspondence.
Dated: February 19, 1998. Sharon A. Kiser, FAR Secretariat.
FR Doc. 98-4622Filed2-23-98; 8:45 amBILLING CODE 6820-34-P
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