Notice2022-14319
Submission for OMB Review; Bid Guarantees, Performance and Payment Bonds, and Alternative Payment Protection
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
July 6, 2022
Issuing agencies
Defense DepartmentGeneral Services AdministrationNational Aeronautics and Space Administration
Abstract
Under the provisions of the Paperwork Reduction Act, the Regulatory Secretariat Division has submitted to the Office of Management and Budget (OMB) a request to review and approve an extension of a previously approved information collection requirement regarding bid guarantees, performance and payment bonds, and alternative payment protections.
Full Text
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<title>Federal Register, Volume 87 Issue 128 (Wednesday, July 6, 2022)</title>
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[Federal Register Volume 87, Number 128 (Wednesday, July 6, 2022)]
[Notices]
[Pages 40243-40244]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-14319]
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DEPARTMENT OF DEFENSE
GENERAL SERVICES ADMINISTRATION
NATIONAL AERONAUTICS AND SPACE ADMINISTRATION
[OMB Control No. 9000-0045; Docket No. 2022-0053; Sequence No. 14]
Submission for OMB Review; Bid Guarantees, Performance and
Payment Bonds, and Alternative Payment Protection
AGENCY: Department of Defense (DOD), General Services Administration
(GSA), and National Aeronautics and Space Administration (NASA).
ACTION: Notice.
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SUMMARY: Under the provisions of the Paperwork Reduction Act, the
Regulatory Secretariat Division has submitted to the Office of
Management
[[Page 40244]]
and Budget (OMB) a request to review and approve an extension of a
previously approved information collection requirement regarding bid
guarantees, performance and payment bonds, and alternative payment
protections.
DATES: Submit comments on or before August 5, 2022.
ADDRESSES: Written comments and recommendations for this 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 Review--Open for Public
Comments'' or by using the search function.
Additionally, submit a copy to GSA through <a href="https://www.regulations.gov">https://www.regulations.gov</a> and follow the instructions on the site. This
website provides the ability to type short comments directly into the
comment field or attach a file for lengthier comments.
Instructions: All items submitted must cite OMB Control No. 9000-
0045, Bid Guarantees, Performance and Payment Bonds, and Alternative
Payment Protection. Comments received generally will be posted without
change to <a href="https://www.regulations.gov">https://www.regulations.gov</a>, including any personal and/or
business confidential information provided. To confirm receipt of your
comment(s), please check <a href="http://www.regulations.gov">www.regulations.gov</a>, approximately two-to-
three days after submission to verify posting. If there are
difficulties submitting comments, contact the GSA Regulatory
Secretariat Division at 202-501-4755 or <a href="/cdn-cgi/l/email-protection#43041002112624102620032430226d242c35"><span class="__cf_email__" data-cfemail="1d5a4e5c4f787a4e787e5d7a6e7c337a726b">[email protected]</span></a>.
FOR FURTHER INFORMATION CONTACT: Marissa Ryba, Procurement Analyst, at
telephone 314-586-1280, or <a href="/cdn-cgi/l/email-protection#4924283b203a3a28673b302b28092e3a28672e263f"><span class="__cf_email__" data-cfemail="b9d4d8cbd0cacad897cbc0dbd8f9decad897ded6cf">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
A. OMB Control Number, Title, and Any Associated Form(s)
9000-0045, Bid Guarantees, Performance and Payment Bonds, and
Alternative Payment Protection, Standard Forms (SF) 24, 25, 25-A, 25-B,
34, 35, 273, 274, 275, 1414, 1415, 1416, and 1418.
B. Needs and Uses
This justification supports an extension of the expiration date of
OMB Control No. 9000-0045. This clearance covers the information that
offerors or contractors must submit to comply with the following
Federal Acquisition Regulation (FAR) requirements:
FAR 52.228-1, Bid Guarantee. This provision (or clause) requires
offerors or contractors to furnish a bid guarantee in the proper form
and amount when a performance bond or a performance and payment bond is
also required. (SF 24, Bid Bond; SF 34, Annual Bid Bond).
FAR 52.228-2, Additional Bond Security. This clause requires
contractors to furnish additional bond security under certain
circumstances. This clause is used both for construction and other than
construction contracts. (SF 1414 Consent of Surety; SF 1415, Consent of
Surety and Increase of Penalty).
FAR 52.228-13, Alternative Payment Protections. This clause
requires contractors to submit one of the payment protections listed in
the clause by the contracting officer, in construction contracts
greater than $35,000 but not exceeding $150,000.
FAR 52.228-14, Irrevocable Letter of Credit. This clause requires
offerors or contractors to provide certain information when they intend
to use an irrevocable letter of credit (ILC) in lieu of a required bid
bond, or to secure other types of required bonds such as performance
and payment bonds. This clause is required in solicitations and
contracts when a bid guarantee, or performance bond, or performance and
payment bonds are required.
FAR 52.228-15, Performance and Payment Bonds-Construction. This
clause requires contractors to provide performance and payment bonds in
construction contracts exceeding $150,000 (SF 25, Performance Bond; SF
25-A, Payment Bond; SF 25-B, Continuation Sheet (for SF's 24, 25, and
25-A); SF 273, Reinsurance Agreement for a Bonds Statute Performance
Bond; SF 274, Reinsurance Agreement for a Bonds Statute Payment Bond).
FAR 52.228-16, Performance and Payment Bonds-Other Than
Construction. This clause requires contractors to furnish performance
and payment bonds for other than construction contracts exceeding the
simplified acquisition threshold only in certain circumstances. (SF 35,
Annual Performance Bond; SF 275, Reinsurance Agreement in Favor of the
United States; SF 1416, Payment Bond for Other Than Construction
Contracts; SF 1418, Performance Bond for Other Than Construction
Contracts).
The bid guarantees, bonds, or alternative payment protections are
retained by the Government until the contractor's obligation is
fulfilled.
C. Annual Burden
Respondents: 6,279.
Total Annual Responses: 6,279.
Total Burden Hours: 6,279.
D. Public Comment
A 60-day notice was published in the Federal Register at 87 FR
25487, on April 29, 2022. No comments were received.
Obtaining Copies: Requesters may obtain a copy of the information
collection documents from the GSA Regulatory Secretariat Division, by
calling 202-501-4755 or emailing <a href="/cdn-cgi/l/email-protection#591e0a180b3c3e0a3c3a193e2a38773e362f"><span class="__cf_email__" data-cfemail="80c7d3c1d2e5e7d3e5e3c0e7f3e1aee7eff6">[email protected]</span></a>. Please cite OMB
Control No. 9000-0045, Bid Guarantees, Performance and Payment Bonds,
and Alternative Payment Protection.
Janet Fry,
Director, Federal Acquisition Policy Division, Office of Governmentwide
Acquisition Policy, Office of Acquisition Policy, Office of
Governmentwide Policy.
[FR Doc. 2022-14319 Filed 7-5-22; 8:45 am]
BILLING CODE 6820-EP-P
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