83 FR 53874 - Submission for OMB Review; Incentive Contracts

DEPARTMENT OF DEFENSE
GENERAL SERVICES ADMINISTRATION
NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

Federal Register Volume 83, Issue 207 (October 25, 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 concerning incentive contracts.

[Federal Register Volume 83, Number 207 (Thursday, October 25, 2018)]
[Notices]
[Pages 53874-53875]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-23352]


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DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

[OMB Control No. 9000-0067; Docket No. 2018-0003; Sequence No. 10]


Submission for OMB Review; Incentive Contracts

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 of a previously approved information collection requirement 
concerning incentive contracts.

DATES: Submit comments on or before November 26, 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 by searching the OMB 
control number. Select the link ``Submit a Comment'' that corresponds 
with ``Information Collection 9000-0067, Incentive Contracts''. Follow 
the instructions provided at the ``Submit a Comment'' screen. Please 
include your name, company name (if any), and ``Information Collection 
9000-0067, Incentive Contracts'' on your attached document.
     Mail: General Services Administration, Regulatory 
Secretariat (MVCB), 1800 F Street NW, Washington, DC 20405. ATTN: Ms. 
Mandell/IC 9000-0067, Incentive Contracts.
    Instructions: Please submit comments only and cite Information 
Collection 9000-0067, Incentive Contracts, in all correspondence 
related to this collection. Comments received generally will be posted 
without change to regulations.gov, including any personal and/or 
business confidential

[[Page 53875]]

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: Mr. Michael O. Jackson, Procurement 
Analyst, Office of Acquisition Policy, GSA 202-208-4949 or via email 
[email protected].

SUPPLEMENTARY INFORMATION:

A. Purpose

    In accordance with FAR 16.4, incentive contracts are normally used 
when a firm fixed-price contract is not appropriate and the required 
supplies or services can be acquired at lower costs, and sometimes with 
improved delivery or technical performance, by relating the amount of 
profit or fee payable under the contract to the contractor's 
performance.
    The information required periodically from the contractor, such as 
cost of work already performed, estimated costs of further performance 
necessary to complete all work, total contract price for supplies or 
services accepted by the Government for which final prices have been 
established, and estimated costs allocable to supplies or services 
accepted by the Government and for which final prices have not been 
established, is needed to negotiate the final prices of incentive-
related items and services. Contractors are required to submit the 
information in accordance with several incentive fee FAR clauses: FAR 
52.216-16, Incentive Price Revision--Firm Target; FAR 52.216-17, 
Incentive Price Revision--Successive Targets; and FAR 52.216-10, 
Incentive Fee.
    The contracting officer evaluates the information received to 
determine the contractor's performance in meeting the incentive target 
and the appropriate price revision, if any, for the items or services.

B. Annual Reporting Burden

    Respondents: 440.
    Responses per Respondent: 2.
    Annual Responses: 880.
    Hours per Response: 1.5.
    Total Burden Hours: 1,320.

C. Public Comments

    A 60-day notice was published in the Federal Register at 83 FR 
25457 on June 1, 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. 9000-0067, Incentive Contracts, in all 
correspondence.

    Dated: October 18, 2018.
Janet Fry,
Director, Federal Acquisition Policy Division, Office of Governmentwide 
Acquisition Policy, Office of Acquisition Policy, Office of 
Governmentwide Policy.
[FR Doc. 2018-23352 Filed 10-24-18; 8:45 am]
 BILLING CODE 6820-EP-P