83 FR 32297 - Submission for OMB Review; General Services Administration Acquisition Regulation; Contractor's Qualifications and Financial Information (GSA Form 527)

GENERAL SERVICES ADMINISTRATION

Federal Register Volume 83, Issue 134 (July 12, 2018)

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 regarding Contractor's Qualifications and Financial Information (GSA Form 527).

[Federal Register Volume 83, Number 134 (Thursday, July 12, 2018)]
[Notices]
[Pages 32297-32298]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-14879]


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GENERAL SERVICES ADMINISTRATION

[OMB Control No. 3090-0007; Docket No. 2018-0001; Sequence No. 1]


Submission for OMB Review; General Services Administration 
Acquisition Regulation; 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 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 
regarding Contractor's Qualifications and Financial Information (GSA 
Form 527).

DATES: Submit comments on or before: August 13, 2018.

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 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 Division (MVCB), 1800 F Street NW, Washington, DC 20405. 
ATTN: Ms. Mandell/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. Comments 
received generally will be posted without change to

[[Page 32298]]

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

FOR FURTHER INFORMATION CONTACT: Johnnie McDowell, Policy Analyst, 
Office of Governmentwide Policy, at 202-718-6112, or via email at 
[email protected].

SUPPLEMENTARY INFORMATION: 

A. Purpose

    The General Services Administration will be requesting that OMB 
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 (FAR) 9.103(a) and 
9.104-1 and also the General Services Administration Acquisition Manual 
(GSAM) 509.105-1(a).

B. Annual Reporting Burden

    Respondents: 2,542.
    Responses per Respondent: 1.2.
    Total Responses: 3,050.
    Hours per Response: 1.5.
    Total Burden Hours: 4,575.
    The estimated annual burden has decreased since GSA's 2014 
submission from 5,292 to 4,575 burden hours to reflect the continued 
use of the widespread 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. The average estimated hours to complete a response 
remained at the optimal rate of 1.5 hours.

C. Public Comments

    Public comments are particularly invited on: Whether this 
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. A request for public comments was 
issued in the Federal Register at 83 FR 7184, on February 20, 2018. No 
comments were received.
    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.

    Dated: July 2, 2018.
Jeffrey A. Koses,
Senior Procurement Executive, Office of Acquisition Policy, Office of 
Government-wide Policy.
[FR Doc. 2018-14879 Filed 7-11-18; 8:45 am]
 BILLING CODE 6820-61-P