Information Collection; Contract Financing
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.
Issuing agencies
Abstract
In accordance with the Paperwork Reduction Act of 1995, and the Office of Management and Budget (OMB) regulations, DoD, GSA, and NASA invite the public to comment on an extension concerning contract financing. DoD, GSA, and NASA invite comments on: whether the proposed collection of information is necessary for the proper performance of the functions of Federal Government acquisitions, including whether the information will have practical utility; the accuracy of the estimate of the burden of the proposed information collection; ways to enhance the quality, utility, and clarity of the information to be collected; and ways to minimize the burden of the information collection on respondents, including the use of automated collection techniques or other forms of information technology. OMB has approved this information collection for use through January 31, 2024. DoD, GSA, and NASA propose that OMB extend its approval for use for three additional years beyond the current expiration date.
Full Text
<html>
<head>
<title>Federal Register, Volume 88 Issue 117 (Tuesday, June 20, 2023)</title>
</head>
<body><pre>
[Federal Register Volume 88, Number 117 (Tuesday, June 20, 2023)]
[Notices]
[Page 39849]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-13028]
[[Page 39849]]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF DEFENSE
GENERAL SERVICES ADMINISTRATION
NATIONAL AERONAUTICS AND SPACE ADMINISTRATION
[OMB Control No. 9000-0138; Docket No. 2023-0053; Sequence No. 2]
Information Collection; Contract Financing
AGENCY: Department of Defense (DOD), General Services Administration
(GSA), and National Aeronautics and Space Administration (NASA).
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: In accordance with the Paperwork Reduction Act of 1995, and
the Office of Management and Budget (OMB) regulations, DoD, GSA, and
NASA invite the public to comment on an extension concerning contract
financing. DoD, GSA, and NASA invite comments on: whether the proposed
collection of information is necessary for the proper performance of
the functions of Federal Government acquisitions, including whether the
information will have practical utility; the accuracy of the estimate
of the burden of the proposed information collection; ways to enhance
the quality, utility, and clarity of the information to be collected;
and ways to minimize the burden of the information collection on
respondents, including the use of automated collection techniques or
other forms of information technology. OMB has approved this
information collection for use through January 31, 2024. DoD, GSA, and
NASA propose that OMB extend its approval for use for three additional
years beyond the current expiration date.
DATES: DoD, GSA, and NASA will consider all comments received by August
21, 2023.
ADDRESSES: DoD, GSA, and NASA invite interested persons to submit
comments on this collection 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. If there are difficulties submitting comments,
contact the GSA Regulatory Secretariat Division at 202-501-4755 or
<a href="/cdn-cgi/l/email-protection#30776371625557635553705743511e575f46"><span class="__cf_email__" data-cfemail="5a1d091b083f3d093f391a3d293b743d352c">[email protected]</span></a>.
Instructions: All items submitted must cite OMB Control No. 9000-
0138, Contract Financing. 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.
FOR FURTHER INFORMATION CONTACT: Zenaida Delgado, Procurement Analyst,
at telephone 202-969-7207, or <a href="/cdn-cgi/l/email-protection#8ef4ebe0efe7eaefa0eaebe2e9efeae1cee9fdefa0e9e1f8"><span class="__cf_email__" data-cfemail="cab0afa4aba3aeabe4aeafa6adabaea58aadb9abe4ada5bc">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
A. OMB Control Number, Title, and Any Associated Form(s)
9000-0138, Contract Financing.
B. Need and Uses
This clearance covers the information that offerors and contractors
must submit to comply with the following Federal Acquisition Regulation
(FAR) requirements:
<bullet> FAR 52.232-28, Invitation to Propose Performance-Based
Payments.
This provision requires an offeror, when invited to propose terms
under which the Government will make performance-based contract
financing payments during contract performance, to include the
following: the proposed contractual language describing the
performance-based payments; information addressing the contractor's
investment in the contract and a listing of--
(i) The projected performance-based payment dates and the projected
payment amounts; and
(ii) The projected delivery date and the projected payment amount.
<bullet> FAR 52.232-29, Terms for Financing of Purchases of
Commercial Products and Commercial Services.
<bullet> FAR 52.232-30, Installment Payments for Commercial
Products and Commercial Services.
These clauses require contractors, under commercial purchases
pursuant to FAR part 12, to include with their payment requests an
appropriately itemized statement of the financing payments requested
and other supporting information, prepared in concert with the
contracting officer.
<bullet> FAR 52.232-31, Invitation to Propose Financing Terms.
This provision requires an offeror, when invited to propose terms
under which the Government will make contract financing payments during
contract performance under commercial purchases pursuant to FAR part
12, to include the following: the proposed contractual language
describing the contract financing; and a listing of the earliest date
and greatest amount at which each contract financing payment may be
payable and the amount of each delivery payment.
<bullet> FAR 52.232-32, Performance-Based Payments.
This clause requires the contractor's request for performance-based
payment to include any information and documentation as required by the
contract's description of the basis for payment; and a certification by
a contractor official authorized to bind the contractor.
The contracting officer uses the collected information to review
and approve contract financing requests, and establish and administer
contract financing terms.
C. Common Form
The General Services Administration is the sponsor agency of this
common form. All executive agencies covered by the FAR will use this
common form. Each executive agency will report their agency burden
separately, and the reported information will be available at
<a href="http://Reginfo.gov">Reginfo.gov</a>.
D. Annual Burden
General Services Administration
Respondents: 49.
Total Annual Responses: 371.
Total Burden Hours: 742.
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#acebffedfec9cbffc9cfeccbdfcd82cbc3da"><span class="__cf_email__" data-cfemail="d691859784b3b185b3b596b1a5b7f8b1b9a0">[email protected]</span></a>. Please cite OMB
Control No. 9000-0138, Contract Financing.
Janet Fry,
Director, Federal Acquisition Policy Division, Office of Governmentwide
Acquisition Policy, Office of Acquisition Policy, Office of
Governmentwide Policy.
[FR Doc. 2023-13028 Filed 6-16-23; 8:45 am]
BILLING CODE 6820-EP-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.