Notice2023-18354
Submission for OMB Review; 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.
Published
August 25, 2023
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 contract financing.
Full Text
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<title>Federal Register, Volume 88 Issue 164 (Friday, August 25, 2023)</title>
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[Federal Register Volume 88, Number 164 (Friday, August 25, 2023)]
[Notices]
[Page 58276]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-18354]
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DEPARTMENT OF DEFENSE
GENERAL SERVICES ADMINISTRATION
NATIONAL AERONAUTICS AND SPACE ADMINISTRATION
[OMB Control No. 9000-0138; Docket No. 2023-0053; Sequence No. 2]
Submission for OMB Review; Contract Financing
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 and Budget (OMB) a request to review and approve an
extension of a previously approved information collection requirement
regarding contract financing.
DATES: Submit comments on or before September 25, 2023.
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-
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. If there are
difficulties submitting comments, contact the GSA Regulatory
Secretariat Division at 202-501-4755 or <a href="/cdn-cgi/l/email-protection#175044564572704472745770647639707861"><span class="__cf_email__" data-cfemail="0b4c584a596e6c586e684b6c786a256c647d">[email protected]</span></a>.
FOR FURTHER INFORMATION CONTACT: Zenaida Delgado, Procurement Analyst,
at telephone 202-969-7207, or <a href="/cdn-cgi/l/email-protection#7309161d121a17125d17161f1412171c331400125d141c05"><span class="__cf_email__" data-cfemail="95eff0fbf4fcf1f4bbf1f0f9f2f4f1fad5f2e6f4bbf2fae3">[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.
E. Public Comment
A 60-day notice was published in the Federal Register at 88 FR
39849, on June 20, 2023. 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#470014061522201422240720342669202831"><span class="__cf_email__" data-cfemail="7e392d3f2c1b192d1b1d3e190d1f50191108">[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. 2023-18354 Filed 8-24-23; 8:45 am]
BILLING CODE 6820-EP-P
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