96-1901. Clearance Request Entitled Bankruptcy  

  • [Federal Register Volume 61, Number 21 (Wednesday, January 31, 1996)]
    [Notices]
    [Page 3387]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 96-1901]
    
    
    
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    DEPARTMENT OF DEFENSE
    [OMB Control No. 9000-0108]
    
    
    Clearance Request Entitled Bankruptcy
    
    AGENCIES: Department of Defense (DOD), General Services Administration 
    (GSA), and National Aeronautics and Space Administration (NASA).
    
    ACTION: Notice of request for an extension to an existing OMB clearance 
    (9000-0108).
    
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    SUMMARY: Under the provisions of the Paperwork Reduction Act of 1995 
    (44 U.S.C Chapter 35), the Federal Acquisition Regulation (FAR) 
    Secretariat has submitted to the Office of Management and Budget (OMB) 
    a request to review and approve an extension of a currently approved 
    information collection requirement concerning Bankruptcy. A request for 
    public comments was published at 60 FR 54221, October 20, 1995. No 
    comments were received.
    
    DATES: Comment Due Date: March 1, 1996.
    
    ADDRESSES: Comments regarding this burden estimate or any other aspect 
    of this collection of information, including suggestions for reducing 
    this burden, should be submitted to: FAR Desk Officer, OMB, Room 10102, 
    NEOB, Washington, DC 20503, and a copy to the General Services 
    Administration, FAR Secretariat (MVRS), 18th & F Streets, NW, Room 
    4037, Washington, DC 20405. Please cite OMB Control No. 9000-0108, 
    Bankruptcy, in all correspondence.
    
    FOR FURTHER INFORMATION CONTACT:
    Ms. Linda Klein, Office of Federal Acquisition Policy, GSA (202) 501-
    3775.
    
    SUPPLEMENTARY INFORMATION:
    
    A. Purpose
    
        Under statute, contractors may enter into bankruptcy which may have 
    a significant impact on the contractor's ability to perform its 
    Government contract. The Government often does not receive adequate and 
    timely notice of this event. The subject contract clause requires 
    contractors to notify the contracting officer within five days after 
    the contractor enters into bankruptcy.
    
    B. Annual Reporting Burden
    
        Public reporting burden for this collection of information is 
    estimated to average 1 hour per response, including the time for 
    reviewing instructions, searching existing data sources, gathering and 
    maintaining the data needed, and completing and reviewing the 
    collection of information.
        The annual reporting burden is estimated as follows: Respondents, 
    1,000; responses per respondent, 1; total annual responses, 1,000; 
    preparation hours per response, 1; and total response burden hours, 
    1,000.
    
    C. Annual Recordkeeping Burden
    
        The annual recordkeeping burden is estimated as follows: 
    Recordkeepers, 1,000; hours per recordkeeper, .25; and total 
    recordkeeping burden hours, 250.
    
    OBTAINING COPIES OF JUSTIFICATIONS: Requester may obtain copies of 
    justifications from the General Services Administration, FAR 
    Secretariat (MVRS), Room 4037, Washington, DC 20405, telephone (202) 
    501-4755. Please cite OMB Control No. 9000-0108, Bankruptcy, in all 
    correspondence.
    
        Dated: January 26, 1996.
    Beverly Fayson,
    FAR Secretariat.
    [FR Doc. 96-1901 Filed 1-30-96; 8:45 am]
    BILLING CODE 6820-EP-M
    
    

Document Information

Published:
01/31/1996
Department:
Defense Department
Entry Type:
Notice
Action:
Notice of request for an extension to an existing OMB clearance (9000-0108).
Document Number:
96-1901
Pages:
3387-3387 (1 pages)
Docket Numbers:
OMB Control No. 9000-0108
PDF File:
96-1901.pdf