81 FR 48423 - Submission for OMB Review; Contract Funding-Limitation of Costs/Funds

DEPARTMENT OF DEFENSE
GENERAL SERVICES ADMINISTRATION
NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

Federal Register Volume 81, Issue 142 (July 25, 2016)

Under the provisions of the Paperwork Reduction Act, the Regulatory Secretariat Division 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 concerning limitation of costs/funds.

[Federal Register Volume 81, Number 142 (Monday, July 25, 2016)]
[Notices]
[Pages 48423-48424]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-17479]


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DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

[OMB Control No. 9000-0074; Docket 2016-0053; Sequence 19]


Submission for OMB Review; Contract Funding--Limitation of Costs/
Funds

AGENCY: Department of Defense (DOD), General Services Administration 
(GSA), and National Aeronautics and Space Administration (NASA).

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

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SUMMARY: Under the provisions of the Paperwork Reduction Act, the 
Regulatory Secretariat Division 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 
concerning limitation of costs/funds.

DATES: Submit comments on or before August 24, 2016.

ADDRESSES: Submit comments regarding this burden estimate or any other 
aspect of this collection of information, including suggestions for 
reducing this burden to: Office of Information and Regulatory Affairs 
of OMB, Attention: Desk Officer for GSA, Room 10236, NEOB, Washington, 
DC 20503. Additionally submit a copy to GSA by any of the following 
methods:
     Regulations.gov: http://www.regulations.gov. Submit 
comments via the Federal eRulemaking portal by searching the OMB 
control number. Select the link ``Submit a Comment'' that corresponds 
with ``Information Collection 9000-0074, Contract Funding--Limitation 
of Costs/Funds''. Follow the instructions provided at the ``Submit a 
Comment'' screen. Please include your name, company name (if any), and 
``Information Collection 9000-0074, Contract Funding--Limitation of 
Costs/Funds'' on your attached document.
     Mail: General Services Administration, Regulatory 
Secretariat Division (MVCB), 1800 F Street NW., Washington, DC 20405. 
ATTN: Ms. Flowers/IC 9000-0074, Contract Funding--Limitation of Costs/
Funds.
    Instructions: Please submit comments only and cite Information 
Collection 9000-0074, Contract Funding--Limitation of Costs/Funds, in 
all correspondence related to this collection. Comments received 
generally will be posted without change to http://

[[Page 48424]]

www.regulations.gov, including any personal and/or business 
confidential information provided. To confirm receipt of your 
comment(s), please check www.regulations.gov, approximately two to 
three days after submission to verify posting (except allow 30 days for 
posting of comments submitted by mail).

FOR FURTHER INFORMATION CONTACT: Ms. Kathlyn Hopkiins, Procurement 
Analyst, Office of Governmentwide Acquisition Policy, GSA 202-969-7226 
or email [email protected].

SUPPLEMENTARY INFORMATION:

A. Purpose

    Firms performing under incrementally funded, cost-reimbursement 
Federal contracts are required to notify the contracting officer in 
writing whenever they have reason to believe--
    (1) The costs the contractors expect to incur under the contracts 
in the next 60 days, when added to all costs previously incurred, will 
exceed 75 percent of the estimated cost of the contracts; or (2) The 
total cost for the performance of the contracts will be greater or 
substantially less than estimated.
    As a part of the notification, the contractors must provide a 
revised estimate of total cost. The frequency of this collection of 
information is variable, contingent upon both funding and spending 
patterns.
    A notice was published in the Federal Register at 81 FR 21873 on 
April 13, 2016. No comments were received. However, three changes were 
made to the annual reporting burden estimates conveyed in the 
preliminary 60-day notice. First, the initial estimate included data on 
certain fixed-price and cost-sharing contracts, subsequently deemed not 
directly impacted by the FAR clauses 52.232-20 and 52.232-22; those 
data points have been removed from the estimate for this collection.
    Accordingly, the number of contract actions has been reduced. 
Secondly, the number of responses per respondent has been reassessed at 
one per year in lieu of five; this is consistent with updated data, 
based on consultation with subject matter experts within the 
Government. Third, the estimated time to produce each funding letter 
was reduced from \1/2\ hour to \1/3\ hour, as office software 
applications continue to improve, making basic computations, word 
processing, and communication increasingly efficient.

B. Annual Reporting Burden

    Respondents: 123,392.
    Responses per Respondent: 1.
    Total Annual Responses: 123,392.
    Hours per Response: 0.33.
    Total Burden Hours: 40,719.
    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. 9000-0074, Contract Funding--Limitation of Costs/Funds, in 
all correspondence.

William Clark,
Director, Office of Governmentwide Acquisition Policy, Office of 
Acquisition Policy, Office of Governmentwide Policy.
[FR Doc. 2016-17479 Filed 7-22-16; 8:45 am]
 BILLING CODE 6820-EP-P