Agency Information Collection Activities: Proposed Collection Renewal; Comment Request

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Published

January 19, 2022

Issuing agencies

Federal Deposit Insurance Corporation

Abstract

The FDIC, as part of its obligations under the Paperwork Reduction Act of 1995, invites the general public and other Federal agencies to take this opportunity to comment on the request to renew the existing information collections described below (OMB Control No. 3064-0072).

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<title>Federal Register, Volume 87 Issue 12 (Wednesday, January 19, 2022)</title>
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[Federal Register Volume 87, Number 12 (Wednesday, January 19, 2022)]
[Notices]
[Pages 2784-2787]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-00865]

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FEDERAL DEPOSIT INSURANCE CORPORATION

[OMB No. 3064-0072]

Agency Information Collection Activities: Proposed Collection
Renewal; Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Agency Information Collection Activities: Submission for OMB
Review; Comment Request.

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SUMMARY: The FDIC, as part of its obligations under the Paperwork
Reduction Act of 1995, invites the general public and other Federal
agencies to take this opportunity to comment on the request to renew
the existing information collections described below (OMB Control No.
3064-0072).

DATES: Comments must be submitted on or before February 18, 2022.

ADDRESSES: Interested parties are invited to submit written comments to
the FDIC by any of the following methods:
<bullet> Agency Website: <a href="https://www.fdic.gov/resources/regulations/federal-register-publications/index.html">https://www.fdic.gov/resources/regulations/federal-register-publications/index.html</a>.

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<bullet> Email: <a href="/cdn-cgi/l/email-protection#e3808c8e8e868d9790a385878a80cd848c95"><span class="__cf_email__" data-cfemail="2e4d4143434b405a5d6e484a474d00494158">[email&#160;protected]</span></a>. Include the name and number of
the collection in the subject line of the message.
<bullet> Mail: Manny Cabeza (202-898-3767), Regulatory Counsel, MB-
3128, Federal Deposit Insurance Corporation, 550 17th Street NW,
Washington, DC 20429.
<bullet> Hand Delivery: Comments may be hand-delivered to the guard
station at the rear of the 17th Street building (located on F Street),
on business days between 7:00 a.m. and 5:00 p.m.
Written comments and recommendations for the proposed information
collection should be sent within 30 days of publication of this notice
to <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Find this particular information
collection by selecting ``Currently under 30-day Review--Open for
Public Comments'' or by using the search function.

FOR FURTHER INFORMATION CONTACT: Manny Cabeza, Regulatory Counsel, 202-
898-3767, <a href="/cdn-cgi/l/email-protection#6f020c0e0d0a150e2f090b060c41080019"><span class="__cf_email__" data-cfemail="c4a9a7a5a6a1bea584a2a0ada7eaa3abb2">[email&#160;protected]</span></a>, MB-3128, Federal Deposit Insurance
Corporation, 550 17th Street NW, Washington, DC 20429.

SUPPLEMENTARY INFORMATION: Proposal to renew the following currently
approved collections of information:
1. Title: Acquisition Services Information Requirements.
OMB Number: 3064-0072.
Form Number: None.
Affected Public: Private sector, business and other for-profit
entities.
Burden Estimate:

Summary of Annual Burden
[OMB No. 3064-0072]
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Total annual
Type of burden Obligation to Number of Responses per Time per Frequency of response estimated
respond respondents respondent response burden
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Request for Proposal and Price Reporting...... Required to 634 1 8.96 On Occasion.......... 5,681
Quotation (includes Basic Obtain or
Safeguards)--Solicitation/ Retain Benefits.
Award (Form 3700/55).
Request for Information....... Reporting...... Voluntary....... 107 1 58.74 On Occasion.......... 6,285
Background Investigation Reporting...... Required to 185 1 0.33 On Occasion.......... 61
Questionnaire for Contractor Obtain or
Personnel and Subcontractors Retain Benefits.
(Form 1600/04).
Background Investigation Reporting...... Required to 120 1 0.5 On Occasion.......... 60
Questionnaire for Contractors Obtain or
(Form 1600/07). Retain Benefits.
Background Investigation Reporting...... Required to 185 1 0.17 On Occasion.......... 31
Questionnaire for Contractors Obtain or
(Form 1600/10). Retain Benefits.
Leasing Representations and Reporting...... Required to 15 1 1 On Occasion.......... 15
Certifications (Form 3700/44). Obtain or
Retain Benefits.
Past Performance Questionnaire Reporting...... Required to 400 1 0.75 On Occasion.......... 300
(Form 3700/57). Obtain or
Retain Benefits.
Contractor Representations and Reporting...... Required to 1 1 0.67 On Occasion.......... 1
Certifications (Form 3700/ Obtain or
04A). Retain Benefits.
Integrity and Fitness Reporting...... Required to 1 1 0.33 On Occasion.......... 1
Representations and Obtain or
Certifications (Form 3700/12). Retain Benefits.
Prize Competitions-- Reporting...... Required to 100 1 1 On Occasion.......... 100
Application. Obtain or
Retain Benefits.
Prize Competitions--Proposal.. Reporting...... Required to 5 1 60 On Occasion.......... 300
Obtain or
Retain Benefits.
Innovation Pilot Programs-- Reporting...... Required to 150 1 20 On Occasion.......... 3,000
Application. Obtain or
Retain Benefits.
Innovation Pilot Programs-- Reporting...... Required to 90 1 60 On Occasion.......... 5,400
Proposal. Obtain or
Retain Benefits.
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Total Hourly Burden....... ............... ................ .............. .............. .............. ..................... 21,235
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General Description of Collection: This information collection
involves the submission of various forms by (1) contractors who wish to
do business with the FDIC or are currently under contract with the
FDIC; (2) those vendors and parties participating in innovation pilot
programs and prize competitions with the possibility of being awarded a
contract; and (3) government agencies or commercial businesses that
provide FDIC with past performance information. There is no change in
the method or substance of the collection. However, the FDIC has
amended this submission to account for the burdens associated with
vendors and parties participating in innovation pilot programs and
prize competitions.
The Federal Deposit Insurance Act (12 U.S.C. Section 1819) empowers
the FDIC to enter into contracts using private sector contractors to
provide goods or services. The Act also provides that the FDIC may
promulgate policies and procedures to administer the powers granted to
it, including the power to enter into contracts. Pursuant to such
policies, the Acquisition and Corporate Services Branch of the FDIC's
Division of Administration has developed forms and clauses to
facilitate the procurement of goods and services from private sector
contractors. The information collected through these forms and clauses
fall under the definition of collection of information under the
Paperwork Reduction Act of 1995 (PRA).

[[Page 2786]]

During the review of the renewal of this Acquisition Services
Information Requirements information collection, FDIC determined that
portions of the PRA burdens that are currently under the information
collection entitled Innovation Pilot Programs. (OMB No. 3064-0212)
should be transferred to this information collection (OMB No. 3064-
0072). OMB No. 3064-0212 involves the collection of information from
third parties (banks and firms in partnership with banks) who are
invited to voluntarily propose time-limited pilot programs, which will
be collected and considered by the FDIC on a case-by-case basis. FDIC
has determined that the burdens associated with OMB No. 3064-0212 that
contain the possibility of entering into a contract with the FDIC
should be transferred to OMB No. 3064-0072. To avoid duplication of
burden hours, OMB No. 3064-0212 will be separately amended to only
contain the burden on IDIs and third parties that are involved in the
various projects that third parties may engage in. FDIC determined that
OMB No. 3064-0072 should include the burden involved with the
preparation and submission of applications to participate in FDIC-
sponsored or co-sponsored prize competitions if the outcome of those
prize competitions includes the possibility of entering into a contract
with the FDIC. These burdens are similar to the burdens currently under
the IC entitled Generic Clearance for Prize Competition Participation
(OMB No. 3064-0211). However, OMB No. 3064-0211 contains and will
continue to contain those burdens associated with prize competitions
whose outcomes do not include the possibility of a entering into a
contract with the FDIC.

New Burden: Prize Competitions--Estimated Number of Respondents,
Responses and Hourly Burdens

As described above, this ICR adds to OMB No. 3064-0072 the burdens
involved with the preparation and submission of applications to
participate in FDIC-sponsored or co-sponsored prize competitions if the
outcomes of those prize competitions include the possibility of
entering into a contract with the FDIC. The information associated with
this burden are collected from potential and actual participants
(including technologists, coders, engineers and developers; consumers
of financial services; consumer advocates; academics; members of trade
groups and other associations; individuals connected to financial
institutions, community banks, and financial and bank service and
technology providers; software, data, and technology firms; and other
members of the public) of those prize competitions. The FDIC collects
information from respondents during both an application phase and
during a proposal phase.
1. Application Phase: The FDIC has never conducted a prize
competition where outcomes included the possibility of entering into a
contract with the FDIC. FDIC anticipates that approximately 100
applications would be received if the FDIC were to initiate such a
prize competition. For the purposes of this ICR, FDIC assumes that each
application is submitted by a distinct respondent. Thus, in the above
burden table, for the line item Prize Competition--Application, FDIC
assumes that the number of responses per respondent is one and use a
respondent count of 100 per year.
In order for the FDIC to determine which applicants will be
eligible and selected to participate in FDIC prize competitions, the
FDIC will request that potential participants provide their name,
contact information, address, and such other information that may be
necessary to evaluate applicants' qualifications and ability to
participate in the event as well as to match the applicants'
anticipated role to the needs of the competition. Applicants will also
be asked to acknowledge the terms and conditions of participating in
the prize competition. Based on their experience with previous prize
competitions, FDIC estimates that respondents will spend, on average,
one hour to prepare and submit an application.
2. Proposal Phase: Certain participants in these prize competitions
may be invited to present a contract proposal to be considered by the
FDIC. Should such a prize competition occur, FDIC assumes that it would
receive five contract proposals per year. For the purposes of this ICR,
FDIC assumes that each proposal is submitted by a distinct respondent.
Thus, for the line item Prize Competition--Proposal, FDIC assumes that
the number of responses per respondent is one and use a respondent
count of five per year.
Based on experience with previous prize competitions, FDIC expects
that respondents will spend, on average, 60 hours to prepare and submit
a proposal. Thus, for the line item Prize Competition--Proposal, FDIC
estimates a time burden of 60 hours per response.

Transferred Burden From OMB No. 3064-0212: Innovation Pilot Program--
Estimated Number of Respondents, Responses and Hourly Burdens

As described above, this ICR transfers the burdens that contain the
possibility of entering into a contract with the FDIC from OMB No.
3064-0212 to OMB No. 3064-0072. The information associated with this
burden are collected from innovators who are invited to voluntarily
propose time-limited pilot programs. The program is typically conducted
in four phases, with a declining number of companies advancing at each
phase. The FDIC provides fixed monetary awards for the successful
completion of some of these phases. In order to evaluate potential
contractors, the FDIC collects information from respondents twice:
During an application phase and during a proposal phase.
1. Application Phase: The FDIC issues a call for concept papers as
a general solicitation. Interested parties respond by submitting
concept papers, thus becoming offerors. The FDIC then subjectively
assesses those papers to determine its confidence in the prospective
merits of those concept papers as well as the FDIC's confidence in the
offeror's apparent ability to transform concepts into real-world
solutions. FDIC used its experience with the first Innovation Pilot
Program \1\ to estimate that 50 concept papers are submitted to the
FDIC in response to a call. Although one company could submit multiple
concept papers to one call, or different concept papers to different
calls, the FDIC considers a concept paper submission for each call to
be from a distinct respondent. The FDIC anticipates issuing three calls
per year. Thus, for purposes of this information collection item, FDIC
estimates 150 respondents per year and one response per respondent per
year. FDIC believes that the hourly burden for preparing concept papers
to be similar to that of RFPs. However, the applications for pilot
programs are usually more extensive than the average RFP. Based on the
hourly burden estimated for RFPs, FDIC estimates that each application
will take 20 hours to

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prepare and submit. Thus, for the line item Innovation Pilot Program--
Application, FDIC estimates a time burden of 20 hours per response.
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\1\ The first Innovation Pilot Program, Rapid Phased Prototyping
(RPP), began in August 2020. Details for RPP can be found at <a href="https://www.fdic.gov/fditech/rpp.html">https://www.fdic.gov/fditech/rpp.html</a> (last accessed September 30, 2021).
The proposal submission phase for RPP is expected to finish in 2021.
The FDIC received 35 applications for RPP; FDIC conservatively
estimates 50 responses per pilot program to account for the fact
that future collections could receive increased interest. The FDIC
also anticipates holding up to three pilots a year, for a total of
150 estimated applications per year.
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2. Proposal Phase: During a pilot program, all contractors who are
participating will provide an initial summary of the terms and
conditions (including price, deliverables, intellectual property
rights, and so forth) it contemplates proposing for a follow-on pilot.
The FDIC may provide feedback to the contractor and contractors may
resubmit their proposal one or more times based on feedback received.
Based on their experience with rapid Phase Prototyping (RPP), FDIC
estimates that approximately 60 percent of applications received in
response to calls for concept papers, or 90 applications per year,\2\
will be invited to submit contract proposal. As above, the FDIC assumes
each response to be from a distinct respondent. Thus, for the line item
Innovation Pilot Program--Proposal, FDIC estimates 90 respondents per
year and one response per respondent per year. FDIC believes that,
given the iterative nature of the RPP process, it is likely that
contractors will go through multiple iterations of contract proposals.
FDIC assumes that each respondent will have to revise their submission
twice, on average. In addition, these contract proposals include
pricing, terms, and conditions, which will require more time than the
concept papers. Given these differences, FDIC estimates that each
response to an Innovation Pilot Program--Proposal will take 60 hours to
prepare and submit.
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\2\ 90 contract proposals = 50 application per call * 3 calls
per year * 60%.
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Request for Comment

Comments are invited on: (a) Whether the collection of information
is necessary for the proper performance of the FDIC's functions,
including whether the information has practical utility; (b) the
accuracy of the estimates of the burden of the information collection,
including the validity of the methodology and assumptions used; (c)
ways to enhance the quality, utility, and clarity of the information to
be collected; and (d) ways to minimize the burden of the collection of
information on respondents, including through the use of automated
collection techniques or other forms of information technology. All
comments will become a matter of public record.

Dated at Washington, DC, this 12th day of January 2022.

Federal Deposit Insurance Corporation.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2022-00865 Filed 1-18-22; 8:45 am]
BILLING CODE 6714-01-P

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