80 FR 27309 - General Services Administration Acquisition Regulation; Information Collection; Contractor's Qualifications and Financial Information (GSA Form 527)

GENERAL SERVICES ADMINISTRATION

Federal Register Volume 80, Issue 92 (May 13, 2015)

Under the provisions of the Paperwork Reduction Act, the Regulatory Secretariat will be submitting to the Office of Management and Budget (OMB) a request to review and approve an extension of a previously approved information collection requirement regarding Contractor's Qualifications and Financial Information (GSA Form 527).

[Federal Register Volume 80, Number 92 (Wednesday, May 13, 2015)]
[Notices]
[Pages 27309-27310]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-11532]


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GENERAL SERVICES ADMINISTRATION

[OMB Control No. 3090-0007; Docket 2015-0001; Sequence 4]


General Services Administration Acquisition Regulation; 
Information Collection; Contractor's Qualifications and Financial 
Information (GSA Form 527)

AGENCY: Office of Acquisition Policy, General Services Administration 
(GSA).

ACTION: Notice of request for comments regarding an extension to an 
existing OMB clearance.

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SUMMARY: Under the provisions of the Paperwork Reduction Act, the 
Regulatory Secretariat will be submitting to the Office of Management 
and Budget (OMB) a request to review and approve an extension of a 
previously approved information collection requirement regarding 
Contractor's Qualifications and Financial Information (GSA Form 527).

DATES: Submit comments on or before: July 13, 2015.

FOR FURTHER INFORMATION CONTACT: James Tsujimoto, Program Analyst, 
Office of Governmentwide Policy, at 202-208-3585, or via email at 
[email protected].

ADDRESSES: Submit comments identified by Information Collection 3090-
0007, Contractor's Qualifications and Financial Information, by any of 
the following methods:
     Regulations.gov: http://www.regulations.gov. Submit 
comments via the Federal eRulemaking portal searching Information 
Collection 3090-0007. Select the link ``Comment Now'' that corresponds 
with ``Information Collection 3090-0007, Contractor's Qualifications 
and Financial Information''. Follow the instructions provided on the 
screen. Please include your name, company name (if any), and 
``Information Collection 3090-0007, Contractor's Qualifications and 
Financial Information'' on your attached document.
     Mail: General Services Administration, Regulatory 
Secretariat (MVCB), 1800 F Street NW., Washington, DC 20405. ATTN: Ms. 
Flowers/IC 3090-0007, Contractor's Qualifications and Financial 
Information.
    Instructions: Please submit comments only and cite Information 
Collection 3090-0007, Contractor's Qualifications and Financial 
Information, in all correspondence related to this collection. All 
comments received will be posted without change to http://www.regulations.gov, including any personal and/or business 
confidential information provided.

SUPPLEMENTARY INFORMATION: 

A. Purpose

    The General Services Administration will be requesting the Office 
of Management and Budget to extend information collection 3090-0007, 
concerning GSA Form 527, Contractor's Qualifications and Financial 
Information. This form is used to determine the financial capability of 
prospective contractors as to whether they meet the financial 
responsibility standards in accordance with the Federal Acquisition 
Regulation 9.103(a) and 9.104-1 and also the General Services 
Administration Acquisition Manual 509.105-1.

B. Annual Reporting Burden

    Respondents: 2,940.
    Responses per Respondent: 1.2.
    Total Responses: 3,528.
    Hours per Response: 1.5.
    Total Burden Hours: 5,292.
    The estimated annual burden has decreased since GSA's 2012 
submission from 8,820 burden hours to 5,292 burden hours to reflect the 
widespread use of the option for potential contractors to submit 
financial statements and balance sheets in lieu of completing the 
applicable fields on GSA Form 527. The alternate submission of 
financial statements and balance sheets significantly reduces the 
burden on prospective contractors, as these documents are generally 
readily available. As such, the average estimated hours to complete a 
response has been reduced from 2.5 hours per response to 1.5 hours.
    Obtaining Copies of Proposals: Requesters may obtain a copy of the 
information collection documents from the General Services 
Administration, Regulatory Secretariat Division (MVCB), 1800 F Street 
NW., Washington, DC 20405, telephone 202-501-4755. Please cite OMB 
Control No. 3090-0007, Contractor's Qualifications and Financial 
Information (GSA Form 527), in all correspondence.
    Public Comments: Public comments are particularly invited on: 
Whether this

[[Page 27310]]

collection of information is necessary and whether it will have 
practical utility; whether our estimate of the public burden of this 
collection of information is accurate, and based on valid assumptions 
and methodology; ways to enhance the quality, utility, and clarity of 
the information to be collected.

    Dated: May 7, 2015.
Jeffrey A. Koses,
Director, Office of Acquisition Policy, Office of Government-wide 
Policy.
[FR Doc. 2015-11532 Filed 5-12-15; 8:45 am]
 BILLING CODE 6820-61-P