98-6165. Information Collection Requirements; Defense Federal Acquisition Regulation Supplement Part 232, Contract Financing  

  • [Federal Register Volume 63, Number 47 (Wednesday, March 11, 1998)]
    [Notices]
    [Pages 11872-11873]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 98-6165]
    
    
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    DEPARTMENT OF DEFENSE
    
    [OMB Control Number 0704-0359]
    
    
    Information Collection Requirements; Defense Federal Acquisition 
    Regulation Supplement Part 232, Contract Financing
    
    AGENCY: 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 Section 3506(c)(2)(A) of the Paperwork 
    Reduction Act of 1995 (44 U.S.C. Chapter 35), DoD announces the 
    proposed extension of a public information collection and seeks public 
    comment on the provisions thereof. Comments are invited on: (a) 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; (b) the accuracy of the estimate of the 
    burden of the proposed information collection; (c) ways to enhance the 
    quality, utility, and clarity of the information to be collected; and 
    (d) ways to minimize the burden of the information collection on 
    respondents, including the use of automated collection techniques or 
    other forms of information technology. This information collection 
    requirement is currently approved by the Office of Management and 
    Budget (OMB) for use through September 30, 1998, under OMB Control 
    Number 0704-0359. DoD proposes that OMB extend its approval for use 
    through September 30, 2001.
    
    DATES: Consideration will be given to all comments received by May 11, 
    1998.
    
    ADDRESSES: Written comments and recommendations on the proposed 
    information collection should be sent to:
    
    [[Page 11873]]
    
    Defense Acquisition Regulations Council, Attn: Ms. Sandra Haberlin, 
    PDUSD (A&T) DP (DAR), IMD 3D139, 3062 Defense Pentagon, Washington, 
    D.C. 20301-3062. Telefax number (703) 602-0350. Please cite OMB Control 
    Number 0704-0359 in all correspondence related to this issue.
    
    FOR FURTHER INFORMATION CONTACT:
    Ms. Sandra Haberlin, (703) 602-0131. A copy of the information 
    collection requirements contained in the DFARS text is available 
    electronically via the Internet at: http://www.dtic.mil/dfars/. Paper 
    copies of the information collection requirements may be obtained from 
    Ms. Sandra Haberlin, PDUSD (A&T) DP (DAR), IMD 3D139, 3062 Defense 
    Pentagon, Washington, D.C. 20301-3062.
    
    SUPPLEMENTARY INFORMATION: 
        Title, Associated Forms, and Associated OMB Control Number: Defense 
    Federal Acquisition Regulation Supplement (DFARS) Part 232, Contract 
    Financing, and related clause at 252.232-7007, Limitation of 
    Government's Obligation; OMB Control Number 0704-0359.
        Needs and Uses: This requirement provides for the collection of 
    information from contractors that are awarded incrementally funded, 
    fixed-price DoD contracts. The information collection requires these 
    contractors to notify the Government when the work under the contract 
    will, within 90 days, reach the point at which the amount payable by 
    the Government (including any termination costs) approximates 85 
    percent of the funds currently allotted to the contract. This 
    information will be used to determine what course of action the 
    Government will take (e.g., allot additional funds for continued 
    performance, terminate the contract, or terminate certain contract line 
    items).
        Affected Public: Businesses or other for-profit entities; not-for-
    profit institutions.
        Annual Burden Hours: 800.
        Number of Respondents: 800.
        Responses per Respondent: 1.
        Annual Responses: 800.
        Average Burden per Response: 1 Hour.
        Frequency: On occasion.
    
    Summary of Information Collection
    
        The information collection includes requirements related to 
    contract financing and payment in DFARS Part 232, Contract Financing, 
    and the related clause at DFARS 252.232-7007, Limitation of 
    Government's Obligation. DFARS Subpart 232.7, Contract Funding, limits 
    the use of incrementally funded fixed-price contracts to situations 
    where the contract is funded with research and development 
    appropriations; where Congress has otherwise incremently appropriated 
    program funds; or where the head of the contracting activity approves 
    the use of incremental funding for either base services contracts or 
    hazardous/toxic waste remediation contracts. The clause at DFARS 
    252.232-7007 identifies procedures for incrementally funding the 
    contract and requires the contractor to provide the Government with 
    written notice when the work will reach the point at which the amount 
    payable by the Government, including any termination costs, 
    approximates 85 percent of the funds currently allotted to the 
    contract.
    Michele P. Peterson,
    Executive Editor, Defense Acquisition Regulations Council.
    [FR Doc. 98-6165 Filed 3-10-98; 8:45 am]
    BILLING CODE 5000-04-M
    
    
    

Document Information

Published:
03/11/1998
Department:
Defense Department
Entry Type:
Notice
Action:
Notice and request for comments regarding a proposed extension of an approved information collection requirement.
Document Number:
98-6165
Dates:
Consideration will be given to all comments received by May 11, 1998.
Pages:
11872-11873 (2 pages)
Docket Numbers:
OMB Control Number 0704-0359
PDF File:
98-6165.pdf