Information Collection Requirement; Defense Federal Acquisition Regulation Supplement (DFARS), Contract Financing
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Issuing agencies
Abstract
In compliance with the Paperwork Reduction Act of 1995, DoD announces the proposed extension of a public information collection requirement and seeks public comment on the provisions thereof. DoD invites comments on: whether the proposed collection of information is necessary for the proper performance of the functions of DoD, including whether the information will have practical utility; the accuracy of DoD's 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 through the use of automated collection techniques or other forms of information technology. The Office of Management and Budget (OMB) has approved this information collection for use under Control Number 0704-0359 through August 31, 2026. DoD proposes that OMB approve an extension of the information collection requirement, to expire three years after the approval date.
Full Text
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<title>Federal Register, Volume 91 Issue 103 (Friday, May 29, 2026)</title>
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[Federal Register Volume 91, Number 103 (Friday, May 29, 2026)]
[Notices]
[Pages 32016-32017]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-10732]
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DEPARTMENT OF DEFENSE
Defense Acquisition Regulations System
[Docket Number DARS-2026-0203; OMB Control Number 0704-0359]
Information Collection Requirement; Defense Federal Acquisition
Regulation Supplement (DFARS), Contract Financing
AGENCY: Defense Acquisition Regulations System; Department of Defense
(DoD).
ACTION: Notice and request for comments regarding a proposed extension
of an approved information collection requirement.
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SUMMARY: In compliance with the Paperwork Reduction Act of 1995, DoD
announces the proposed extension of a public information collection
requirement and seeks public comment on the provisions thereof. DoD
invites comments on: whether the proposed collection of information is
necessary for the proper performance of the functions of DoD, including
whether the information will have practical utility; the accuracy of
DoD's 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 through the use of automated
collection techniques or other forms of information technology. The
Office of Management and Budget (OMB) has approved this information
collection for use under Control Number 0704-0359 through August 31,
2026. DoD proposes that OMB approve an extension of the information
collection requirement, to expire three years after the approval date.
DATES: DoD will consider all comments received by July 28, 2026.
ADDRESSES: You may submit comments, identified by OMB Control Number
0704-0359, using either of the following methods:
<bullet> Federal eRulemaking Portal: <a href="https://www.regulations.gov">https://www.regulations.gov</a>.
Follow the instructions for submitting comments.
<bullet> Email: <a href="/cdn-cgi/l/email-protection#84ebf7e0aae0e2e5f6f7c4e9e5ede8aae9ede8"><span class="__cf_email__" data-cfemail="c5aab6a1eba1a3a4b7b685a8a4aca9eba8aca9">[email protected]</span></a>. Include OMB Control Number
0704-0359 in the subject line of the message.
Comments received generally will be posted without change to
<a href="https://www.regulations.gov">https://www.regulations.gov</a>, including any personal information
provided.
FOR FURTHER INFORMATION CONTACT: Saleemah McMillan, at 202-308-5383.
SUPPLEMENTARY INFORMATION:
Title and OMB Number: Defense Federal Acquisition Regulation
Supplement (DFARS) Part 232, Contract Financing, and Associated
Clauses; OMB Control Number 0704-0359.
Affected Public: Businesses or other for-profit and not-for-profit
institutions.
Respondent's Obligation: Required to obtain or retain benefits.
Frequency: On occasion.
Number of Respondents: 1,000.
Responses per Respondent: 14.
Annual Responses: 14,000.
Average Burden per Response: 1.2 hours.
Annual Burden Hours: 16,800.
Needs and Uses:
DFARS 252.232-7007, Limitation of Government's Obligation. The data
submitted by contractors enables contracting officers to calculate
improved financing opportunities that will provide benefit to both
industry (prime contractor and subcontractor level) and the taxpayer.
DFARS 252.232-7007 is prescribed for use in solicitations and resultant
incrementally-funded fixed-price contracts. Paragraph (c) of the clause
requires a written notification from the contractor that: (1) states
the estimated date when the total amount payable by the Government,
including any cost for termination for convenience, will approximate 85
percent of the total amount then allotted to the contract for
performance of the applicable items; (2) states an estimate of
additional funding, if any, needed to continue performance of
applicable line items up to the next scheduled date for allotment of
funds, or to a mutually agreed upon substitute date; and (3) advises
the contracting officer of the estimated amount of additional funds
that will be required for the timely performance of the items funded
pursuant to the clause, for a subsequent period as may be specified in
the allotment schedule, or otherwise agreed to by the parties to the
contract.
DFARS subpart 232.10, Performance-Based Payments, 252.232-7012,
Performance Based Payments--Whole Contract Basis. Contracting officers
use the information provided by contractors to create a cash-flow model
for use in evaluating alternative financing arrangements. The analysis
tool
[[Page 32017]]
calculates improved financing opportunities that will provide benefit
to both industry (prime contractor and subcontractor level) and the
taxpayer. DFARS subpart 232.10 requires the contracting officer, when
considering performance-based payments, to obtain from the contractor a
proposed performance-based payments schedule which includes all
performance-based payments events, completion criteria and event values
along with the expected expenditure profile.
DFARS 252.232-7012 requires contractors to report the negotiated
value of all previously completed performance-based payments;
negotiated value of current performance-based payment(s) event(s);
cumulative negotiated value of performance-based payment(s) events
completed to date; total costs incurred to date; cumulative amount of
payments previously requested; and the payment amount requested for the
current performance-based payment.
DFARS 252.232-7013, Performance Based Payments--Deliverable-Item
Basis. DFARS 252.232-7013 requires contractors to report the negotiated
value of current performance-based payment(s) event(s); cumulative
negotiated value of performance-based payment(s) events completed to
date; total costs incurred to date; cumulative amount of payments
previously requested; and the payment amount requested for the current
performance-based payment.
Kimberly R. Ziegler,
Editor/Publisher, Defense Acquisition Regulations System.
[FR Doc. 2026-10732 Filed 5-28-26; 8:45 am]
BILLING CODE 6001-FR-P
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