95-6114. Clearance Request for Contractor Inventory Schedules  

  • [Federal Register Volume 60, Number 48 (Monday, March 13, 1995)]
    [Notices]
    [Page 13412]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 95-6114]
    
    
    
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    DEPARTMENT OF DEFENSE
    
    GENERAL SERVICE ADMINISTRATION
    
    NATIONAL AERONAUTICS AND SPACE ADMINISTRATION
    
    [OMB Control No. 9000-0015]
    
    
    Clearance Request for Contractor Inventory Schedules
    
    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 
    (9000-0015).
    
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    SUMMARY: Under the provisions of the Paperwork Reduction Act of 1980 
    (44 U.S.C. 3501), 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 Contractor Inventory Schedules.
    
    FOR FURTHER INFORMATION CONTACT:
    Beverly Fayson, Office of Federal Acquisition Policy, GSA (202) 501-
    4655.
    
    SUPPLEMENTARY INFORMATION:
    
    A. Purpose
    
        The series of standard forms covering contractors' inventories are 
    essential for reporting, redistribution, and disposal of excess 
    Government property at contractor plants (upon contract completion) and 
    contractor termination inventory in support of contractor termination 
    settlement proposals.
        The contractor who is accountable for the property or who is 
    submitting a termination settlement proposal is responsible for 
    completing the inventory schedules.
        These inventory schedules are the only means by which contractors 
    report excess contractor inventory and by which the Government is able 
    to achieve screening, redistribution and disposal of such property. 
    They are also the only means of contractors supporting the inventory 
    portion of their termination settlement proposals and accounting for 
    Government property in their possession. Thus, this information is not 
    available to those requiring it from any other source.
        A variety of activities utilize these inventory schedules. Thus, 
    the Termination Contracting Officer and the cognizant audit agency use 
    the schedules in evaluating the termination charges being claimed under 
    terminated Government contracts. The Property Administrator of the 
    contract administration office uses the schedules to ensure that the 
    contractor has accounted for all Government property in its possession.
    
    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. Send comments regarding this burden estimate 
    or any other aspect of this collection of information, including 
    suggestions for reducing this burden, to General Services 
    Administration, FAR Secretariat, 18th & F Streets, NW, Room 4037, 
    Washington, DC 20405, and to the FAR Desk Officer, Office of 
    Information and Regulatory Affairs, Office of Management and Budget, 
    Washington, DC 20503.
        The annual reporting burden is estimated as follows: Respondents, 
    12,500; responses per respondent, 4; total annual responses, 50,000; 
    preparation hours per response, 1; and total response burden hours, 
    50,000.
    
    OBTAINING COPIES OF PROPOSALS: Requester may obtain copies of OMB 
    applications or justifications from the General Services 
    Administration, FAR Secretariat (VRS), Room 4037, Washington, DC 20405, 
    telephone (202) 501-4755. Please cite OMB Control No. 9000-0015, 
    Contractor Inventory Schedules, in all correspondence.
    
        Dated: March 7, 1995.
    Beverly Fayson,
    FAR Secretariat.
    [FR Doc. 95-6114 Filed 3-10-95; 8:45 am]
    BILLING CODE 6820-34-M
    
    

Document Information

Published:
03/13/1995
Department:
National Aeronautics and Space Administration
Entry Type:
Notice
Action:
Notice of request for an extension to an existing OMB clearance (9000-0015).
Document Number:
95-6114
Pages:
13412-13412 (1 pages)
Docket Numbers:
OMB Control No. 9000-0015
PDF File:
95-6114.pdf