82 FR 15194 - Submission for OMB Review; Comment Request

DEPARTMENT OF DEFENSE
Defense Acquisition Regulations System

Federal Register Volume 82, Issue 57 (March 27, 2017)

The Defense Acquisition Regulations System has submitted to OMB for clearance, the following proposal for collection of information under the provisions of the Paperwork Reduction Act.

[Federal Register Volume 82, Number 57 (Monday, March 27, 2017)]
[Notices]
[Page 15194]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-06000]


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DEPARTMENT OF DEFENSE

Defense Acquisition Regulations System

[Docket DARS-2016-0046; OMB Control Number 0704-0359]


Submission for OMB Review; Comment Request

ACTION: Notice.

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SUMMARY: The Defense Acquisition Regulations System has submitted to 
OMB for clearance, the following proposal for collection of information 
under the provisions of the Paperwork Reduction Act.

DATES: Consideration will be given to all comments received by April 
26, 2017.

SUPPLEMENTARY INFORMATION: 
    Title and OMB Number: DFARS Part 232, Contract Financing, and 
Related Clauses at DFARS 252.232; OMB Control Number 0704-0359.
    Type of Request: Revision of a currently approved collection.
    Number of Respondents: 1,800.
    Responses per Respondent: 1.
    Annual Responses: 1,800.
    Average Burden per Response: 1 hour.
    Annual Burden Hours: 1,800.
    Needs and Uses: This requirement provides for the collection of 
information related to contract financing under DoD contracts.
    a. DFARS 252.232-7007, Limitation of Government's Obligation. The 
Government will use this information to decide whether to allot 
additional funds for continued performance under the contract or to 
terminate the contract for convenience. If after such notification 
additional funds are not allotted by the date identified in the 
contractor's notification, or by an agreed substitute date, the 
contracting officer will terminate any items for which additional funds 
have not been allotted, pursuant to the clause of this contract 
entitled ``Termination for Convenience of the Government.''
    b. DFARS subpart 232.10, Performance-Based Payments. If a 
contractor desires to structure contract financing using performance-
based payments, the contractor shall submit a proposed performance-
based payments schedule which includes all performance-based payments 
events, completion criteria and event values along with the expected 
expenditure profile. The contracting officer will use this information 
to populate the Performance Based Payments analysis tool and negotiate 
the performance-based payment event schedule. This analysis tool is a 
cash-flow model used for evaluating alternative financing arrangements 
and to calculate improved financing opportunities that will provide 
benefit to both industry (prime and subcontractor level) and the 
taxpayer.
    Affected Public: Businesses or other for-profit and not-for profit 
institutions.
    Frequency: On occasion.
    Respondent's Obligation: Required to obtain or retain benefits.
    OMB Desk Officer: Ms. Jasmeet Seehra.
    Written comments and recommendations on the proposed information 
collection should be sent to Ms. Seehra at the Office of Management and 
Budget, Desk Officer for DoD, Room 10236, New Executive Office 
Building, Washington, DC 20503.
    You may also submit comments, identified by docket number and 
title, by the following method:
    Federal eRulemaking Portal: http://www.regulations.gov. Follow the 
instructions for submitting comments.
    Instructions: All submissions received must include the agency 
name, docket number, and title for the Federal Register document. The 
general policy for comments and other public submissions from members 
of the public is to make these submissions available for public viewing 
on the internet at http://www.regulations.gov as they are received 
without change, including any personal identifiers or contact 
information provided. To confirm receipt of your comment(s), please 
check http://www.regulations.gov approximately two to three days after 
submission to verify posting (except allow 30 days for posting of 
comments submitted by mail).
    DoD Clearance Officer: Mr. Frederick C. Licari.
    Written requests for copies of the information collection proposal 
should be sent to Mr. Licari at: Information Collections Program, WHS/
ESD Office of Information Management, 4800 Mark Center Drive, 3rd 
Floor, East Tower, Suite 03F09, Alexandria, VA 22350-3100.

Jennifer L. Hawes,
Editor, Defense Acquisition Regulations System.
[FR Doc. 2017-06000 Filed 3-24-17; 8:45 am]
 BILLING CODE 5001-06-P