81 FR 70422 - Information Collection; Contract Financing

DEPARTMENT OF DEFENSE
GENERAL SERVICES ADMINISTRATION
NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

Federal Register Volume 81, Issue 197 (October 12, 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 to a previously approved information collection requirement concerning contract financing.

[Federal Register Volume 81, Number 197 (Wednesday, October 12, 2016)]
[Notices]
[Pages 70422-70423]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-24538]


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DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

[Docket 2016-0053; Sequence 41]; OMB Control No. 9000-0138]


Information Collection; Contract Financing

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

ACTION: Notice of request for public 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 Division will be submitting to the Office of 
Management and Budget (OMB) a request to review and approve an 
extension to a previously approved information collection requirement 
concerning contract financing.

DATES: Submit comments on or before December 12, 2016.

ADDRESSES: Submit comments identified by Information Collection 9000-
0138 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 9000-0138. Select the link ``Comment Now'' that 
corresponds with ``Information Collection 9000-0138, Contract 
Financing''. Follow the instructions provided on the screen. Please 
include your name, company name (if any), and ``Information Collection 
9000-0138, Contract Financing'' on your attached document.
     Mail: General Services Administration, Regulatory 
Secretariat Division (MVCB), 1800 F Street NW., Washington, DC 20405. 
ATTN: Ms. Flowers/IC 9000-0138.
Instructions: Please submit comments only and cite Information 
Collection 9000-0138, in all correspondence related to this collection. 
Comments received generally will be posted without change to http://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 Hopkins, Procurement 
Analyst, Office of Acquisition Policy, GSA, 202-969-7226, or email 
[email protected].

SUPPLEMENTARY INFORMATION:

A. Purpose

    The Federal Acquisition Streamlining Act (FASA) of 1994, Public Law 
103-355, provided authorities that streamlined the acquisition process 
and minimize burdensome Government-unique requirements. Sections 2001 
and 2051 of FASA 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; here, contract financing is permitted with certain limitations. 
Likewise, sections 2001(b) and 2051(b) substantially revised the 
authority for Government financing of purchases of non-commercial 
items, by permitting contract financing on the basis of certain classes 
of measures of performance.
    To implement these changes, DOD, NASA, and GSA amended the FAR 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 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 Responses: 5,000.
    Hours Per Response: 2.
    Total Burden Hours: 10,000.
    The annual reporting burden for performance-based financing is 
estimated as follows:
    Respondents: 500.
    Responses Per Respondent: 12.
    Total Responses: 6,000.
    Hours Per Response: 2.
    Total Burden Hours: 12,000.

[[Page 70423]]

C. Public Comments

    Public comments are particularly invited on: Whether this 
collection of information is necessary for the proper performance of 
functions of the FAR, 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; and ways in which we can minimize the 
burden of the collection of information on those who are to respond, 
through the use of appropriate technological collection techniques or 
other forms of information technology.
    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. 9000-0138, Contract Financing, in all correspondence.

    Dated: October 5, 2016.
Lorin S. Curit,
Director, Federal Acquisition Policy Division, Office of Governmentwide 
Acquisition Policy, Office of Acquisition Policy, Office of 
Governmentwide Policy.
[FR Doc. 2016-24538 Filed 10-11-16; 8:45 am]
 BILLING CODE 6820-EP-P