98-34369. Proposed Collection; Comment Request Entitled Bankruptcy

[Federal Register Volume 63, Number 249 (Tuesday, December 29, 1998)]
[Notices]
[Page 71624]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-34369]


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DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

[OMB Control No. 9000-0108]


Proposed Collection; Comment Request Entitled Bankruptcy

AGENCIES: Department of Defense (DOD), General Services Administration 
(GSA), and National Aeronautics and Space Administration (NASA).

ACTION: Notice of request for public comments regarding an extension to 
an existing OMB clearance.

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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 will be submitting 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. The 
clearance currently expires on April 30, 1999.

DATES: Comments may be submitted on or before March 1, 1999.

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), 1800 F Street, NW, Room 4035, 
Washington, DC 20405. Please cite OMB Control No. 9000-0108, 
Bankruptcy, in all correspondence.

FOR FURTHER INFORMATION CONTACT: Linda Klein, Federal Acquisition 
Policy Division, GSA [phone].

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 clause at 52.242-13 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 proposals: Requester may obtain a copy of the 
justification from the General Services Administration, FAR Secretariat 
(MVRS), Room 4035, 1800 F Street, NW, Washington, DC 20405, telephone 
[phone]. Please cite OMB Control No. 9000-0108, Bankruptcy, in 
all correspondence.

    Dated: December 22, 1998.
Victoria E. Moss,
Acting Director, Federal Acquisition Policy Division.
[FR Doc. 98-34369 Filed 12-28-98; 8:45 am]
BILLING CODE 6820-34-P