Reporting and Recordkeeping Requirements Under OMB Review

Published date03 March 2020
Citation85 FR 12644
Record Number2020-04317
SectionNotices
CourtSmall Business Administration
Federal Register, Volume 85 Issue 42 (Tuesday, March 3, 2020)
[Federal Register Volume 85, Number 42 (Tuesday, March 3, 2020)]
                [Notices]
                [Page 12644]
                From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
                [FR Doc No: 2020-04317]
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                SMALL BUSINESS ADMINISTRATION
                Reporting and Recordkeeping Requirements Under OMB Review
                AGENCY: Small Business Administration.
                ACTION: 30-Day notice.
                -----------------------------------------------------------------------
                SUMMARY: The Small Business Administration (SBA) is publishing this
                notice to comply with requirements of the Paperwork Reduction Act (PRA)
                requires agencies to submit proposed reporting and recordkeeping
                requirements to OMB for review and approval, and to publish a notice in
                the Federal Register notifying the public that the agency has made such
                a submission. This notice also allows an additional 30 days for public
                comments.
                DATES: Submit comments on or before April 2, 2020.
                ADDRESSES: Comments should refer to the information collection by name
                and/or OMB Control Number and should be sent to: Agency Clearance
                Officer, Curtis Rich, Small Business Administration, 409 3rd Street SW,
                5th Floor, Washington, DC 20416; and SBA Desk Officer, Office of
                Information and Regulatory Affairs, Office of Management and Budget,
                New Executive Office Building, Washington, DC 20503.
                FOR FURTHER INFORMATION CONTACT: Curtis Rich, Agency Clearance Officer,
                (202) 205-7030 [email protected].
                 Copies: A copy of the Form OMB 83-1, supporting statement, and
                other documents submitted to OMB for review may be obtained from the
                Agency Clearance Officer.
                SUPPLEMENTARY INFORMATION: Under the Surety Bond Guarantee (SBG)
                Program, SBA guarantees bid, payment, and performance bonds for small
                and emerging contractors who cannot obtain surety bonds through regular
                commercial channels. SBA's guarantee gives Sureties an incentive to
                provide bonding for small businesses and, thereby, assists small
                businesses in obtaining greater access to contracting opportunities.
                SBA's guarantee is an agreement between a surety and SBA that SBA will
                assume a certain percentage of the Surety's loss should a contractor
                default on the underlying contract.
                Curtis Rich,
                Management Analyst.
                [FR Doc. 2020-04317 Filed 3-2-20; 8:45 am]
                 BILLING CODE 8026-03-P
                

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