[Federal Register Volume 64, Number 72 (Thursday, April 15, 1999)] [Notices] [Page 18607] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 99-9406] ----------------------------------------------------------------------- DEPARTMENT OF DEFENSE GENERAL SERVICES ADMINISTRATION NATIONAL AERONAUTICS AND SPACE ADMINISTRATION [OMB Control No. 9000-0068] Submission for OMB Review; Comment Request Entitled Economic Price Adjustment AGENCIES: Department of Defense (DOD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA).
Action
Notice of request for an extension to an existing OMB clearance.
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Summary
Under the provisions of the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35), the Federal Acquisition Regulation (FAR) Secretariat has submitted to the Office of Management and Budget (OMB) a request to review and approve an extension of a currently approved information collection requirement concerning Economic Price Adjustment. A request for public comments was published at 64 FR 6055, February 8, 1999. No comments were received.
Dates
Comments may be submitted on or before May 17, 1999.
Addresses
Comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for reducing this burden, should be submitted to: FAR Desk Officer, OMB, Room 10102, NEOB, Washington, DC 20503, and a copy to the General Services Administration, FAR Secretariat (MVRS), 1800 F Street, NW, Room 4035, Washington, DC 20405. Please cite OMB Control No. 9000-0068, Economic Price Adjustment, in all correspondence.
For Further Information Contact
Ralph DeStefano, Federal Acquisition Policy Division, GSA (202) 501-1758.
Supplementary Information
A. Purpose
A fixed-price contract with economic price adjustment provides for upward and downward revision of the stated contract price upon occurrence of specified contingencies. In order for the contracting officer to be aware of price changes, the firm must provide pertinent information to the Government. The information is used to determine the proper amount of price adjustments required under the contract.
B. Annual Reporting Burden
Public reporting burden for this collection of information is estimated to average 15 minutes per response, including the 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 is estimated as follows: Respondents, 5,346 responses per respondent, 1; total annual responses, 5,346 preparation hours per response, .25; and total response burden hours, 1,337.
Obtaining Copies of Proposals
Requester may obtain a copy of the justification from the General Services Administration, FAR Secretariat (MVRS), Room 4035, 1800 F Street, NW, Washington, DC 20405, telephone (202) 208-7312. Please cite OMB Control No. 9000-0068, Economic Price Adjustment, in all correspondence.
Dated: April 12, 1999. Edward C. Loeb, Director, Federal Acquisition Policy Division. [FR Doc. 99-9406 Filed 4-14-99; 8:45 am] BILLING CODE 6820-34-P