Notice2025-11061
Submission for OMB Review; Indirect Cost Rate Proposals, Payments to Small Business Subcontractors, and Bankruptcy Notifications
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
June 16, 2025
Issuing agencies
Management and Budget OfficeFederal Procurement Policy OfficeDefense DepartmentGeneral Services AdministrationNational Aeronautics and Space Administration
Abstract
Under the provisions of the Paperwork Reduction Act, the Regulatory Secretariat Division has submitted to OMB a request to review and approve an extension of a previously approved information collection requirement regarding indirect cost rate proposals, payments to small business subcontractors, and bankruptcy notifications.
Full Text
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<title>Federal Register, Volume 90 Issue 114 (Monday, June 16, 2025)</title>
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[Federal Register Volume 90, Number 114 (Monday, June 16, 2025)]
[Notices]
[Page 25271]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-11061]
[[Page 25271]]
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OFFICE OF MANAGEMENT AND BUDGET
Office of Federal Procurement Policy
DEPARTMENT OF DEFENSE
GENERAL SERVICES ADMINISTRATION
NATIONAL AERONAUTICS AND SPACE ADMINISTRATION
[OMB Control No. 9000-0069; Docket No. FAR-2025-0053; Sequence No. 13]
Submission for OMB Review; Indirect Cost Rate Proposals, Payments
to Small Business Subcontractors, and Bankruptcy Notifications
AGENCY: Office of Federal Procurement Policy (OFPP), Office of
Management and Budget (OMB); 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 OMB a request to
review and approve an extension of a previously approved information
collection requirement regarding indirect cost rate proposals, payments
to small business subcontractors, and bankruptcy notifications.
DATES: Submit comments on or before July 16, 2025.
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.
FOR FURTHER INFORMATION CONTACT: <a href="/cdn-cgi/l/email-protection#d690978486b9babfb5af96b1a5b7f8b1b9a0"><span class="__cf_email__" data-cfemail="9ed8dfcccef1f2f7fde7def9edffb0f9f1e8">[email protected]</span></a> or call 202-969-
4075.
SUPPLEMENTARY INFORMATION:
A. OMB Control Number, Title, and Any Associated Form(s)
9000-0069, Indirect Cost Rate Proposals, Payments to Small Business
Subcontractors, and Bankruptcy Notifications.
B. Need and Uses
This clearance covers the information that contractors must submit
to comply with the following Federal Acquisition Regulation (FAR)
requirements:
FAR 52.216-7, Allowable Cost and Payment. This clause requires the
contractor to submit an adequate final indirect cost rate proposal to
the contracting officer and the auditor within the 6-month period
following the expiration of each of its fiscal years. The proposed
rates shall be based on the contractor's actual cost experience for
that period. Paragraphs (d)(2)(iii) and (iv) of this clause provide a
list of the data required to be submitted. The data is customary
business financial information that the contractor can access from its
automated business systems.
FAR 52.216-15, Predetermined Indirect Cost Rates. This clause
repeats the requirement in the clause at FAR 52.216-7, paragraph (d),
for the contractor to submit an adequate final indirect cost rate
proposal, however it does not impose any additional reporting
requirements.
FAR 52.242-4, Certification of Final Indirect Costs. This clause
requires the contractor's final indirect cost rate proposal to be
certified to establish or modify the rates used to reimburse the
contractor for the costs of performing under the contract. The
supporting cost data are the cost accounting information normally
prepared by organizations under sound management and accounting
practices. This clause is incorporated into all solicitations and
contracts that provide for establishment of final indirect cost rates,
but the Department of Energy may provide an alternate clause for its
Management and Operating contracts.
The contracting officer and auditor use the proposal and supporting
data provided under the clauses at FAR 52.216-7, 52.216-15, and 52.242-
4 to verify and analyze the indirect costs and to determine the final
indirect cost rates or to prepare the Government negotiating position
if negotiation of the rates is required under the contract terms.
FAR 52.242-5, Payments to Small Business Subcontractors. This
clause requires the prime contractor to self-report to the contracting
officer when the prime contractor makes late or reduced payments to
small business subcontractors. The notice shall include the reason(s)
for making the reduced or untimely payment. The contracting officer
uses the information to record the identity of contractors with a
history of late or reduced payments to small business subcontractors in
the Federal Awardee Performance and Integrity Information System. The
contracting officer considers and evaluates the contractor's written
explanation for a reduced or an untimely payment to determine whether
the reduced or untimely payment is justified.
FAR 52.242-13, Bankruptcy. This clause requires contractors to
notify the contracting officer within five days after initiating the
proceedings relating to bankruptcy filing. The contracting officer uses
the notification to ensure the contractor's ability to perform its
government contract.
C. Annual Burden
Respondents: 6,265.
Total Annual Responses: 6,265.
Total Burden Hours: 1,504,083.
D. Public Comment
A 60-day notice was published in the Federal Register at 90 FR
14447, on April 2, 2025. 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#30776371625557635553705743511e575f46"><span class="__cf_email__" data-cfemail="45021604172022162026052236246b222a33">[email protected]</span></a>. Please cite OMB
Control No. 9000-0069, Indirect Cost Rate Proposals, Payments to Small
Business Subcontractors, and Bankruptcy Notifications.
Janet Fry,
Director, Federal Acquisition Policy Division, Office of Governmentwide
Acquisition Policy, Office of Acquisition Policy, Office of
Governmentwide Policy.
[FR Doc. 2025-11061 Filed 6-13-25; 8:45 am]
BILLING CODE 6820-EP-P
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