99-7134. Information Collection Requirement; Defense Federal Acquisition Regulation Supplement; Economic Price Adjustment Clauses  

  • [Federal Register Volume 64, Number 56 (Wednesday, March 24, 1999)]
    [Notices]
    [Pages 14216-14217]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 99-7134]
    
    
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    DEPARTMENT OF DEFENSE
    
    [OMB Control Number 0704-0259]
    
    
    Information Collection Requirement; Defense Federal Acquisition 
    Regulation Supplement; Economic Price Adjustment Clauses
    
    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 requirement 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 the agency, 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 August 31, 1999. DoD 
    proposes that OMB extend its approval for use through August 31, 2002.
    
    DATES: Consideration will be given to all comments received by May 24, 
    1999.
    
    ADDRESSES: Written comments and recommendations on the proposed 
    information collection requirement should be sent to: Defense 
    Acquisition Regulations Council, Attn: Ms. Melissa D. Rider, PDUSD 
    (A&T) DP (DAR), IMD 3D139, 3062 Defense Pentagon, Washington, DC 20301-
    3062. Telefax (703) 602-0359.
        E-mail comments submitted over the Internet should be addressed to: 
    dfars@acq.osd.mil.
    
    [[Page 14217]]
    
        Please cite OMB Control Number 0704-0259 in all correspondence 
    related to this issue. E-mail comments should cite OMB Control Number 
    0704-0259 in the subject line.
    
    FOR FURTHER INFORMATION CONTACT: Ms. Melissa D. Rider, at (703) 602-
    0131. A copy of this information collection requirement is available 
    electronically via the Internet at:
    
    http://www.acq.osd.mil/dp/dar/dfars.html
    
    Paper copies may be obtained from Ms. Melissa D. Rider, PDUSD (A&T) DP 
    (DAR), IMD 3D139, 3062 Defense Pentagon, Washington, DC 20301-3062.
    
    SUPPLEMENTARY INFORMATION:
        Title, Associated Form, and OMB Number: Defense Federal Acquisition 
    Regulation Supplement (DFARS) Part 216, Types of Contracts, and related 
    clauses at DFARS 252.216-7000, Economic Price Adjustment--Basic Steel, 
    Aluminum, Brass, Bronze, or Copper Mill Products, DFARS 252.216-7001, 
    Economic Price Adjustment--Nonstandard Steel Items, and DFARS 252.216-
    7003, Economic Price Adjustment--Wage Rate or Material Prices 
    Controlled by a Foreign Government; OMB Control Number 0704-259.
        Needs and Uses: The clauses at DFARS 252.216-7000, 252.216-7001, 
    and 252.216-7003 require contractors with fixed-price economic price 
    adjustment contracts to submit information to the contracting officer 
    regarding changes in established material prices or wage rates. The 
    contracting officer uses this information to make appropriate 
    adjustments to contract prices.
        Affected Public: Businesses or other for-profit and not-for-profit 
    institutions.
        Annual Burden Hours: 1,212.
        Number of Responses: 302.
        Responses Per Respondent: 2.
        Average Burden Per Response: 4 hours.
        Frequency: On occasion.
    
    Summary of Information Collection
    
        Each clause requires the contractor to submit certain information 
    that the contracting officer uses to adjust contract prices:
        a. Paragraph (c) of the clause at DFARS 252.216-7000 requires the 
    contractor to notify the contracting officer of the amount and 
    effective date of each decrease in any established price. Paragraph (d) 
    of the clause permits the contractor to submit a written request to the 
    contracting officer for an increase in contract price.
        b. Paragraph (f)(2) of the clause at DFARS 252.216-7001 requires 
    the contractor to furnish a statement identifying the correctness of 
    the established prices and employee hourly earnings that are relevant 
    to the computation of various indices. Paragraph (f)(3) of the clause 
    requires the contractor to make available all records used in the 
    computation of labor indices upon the request of the contracting 
    officer.
        c. Paragraph (b)(1) of the clause at DFARS 252.216-7003 permits the 
    contractor to provide a written request for contract adjustment based 
    on increases in wage rates or material prices that are controlled by a 
    foreign government. Paragraph (c) of the clause requires the contractor 
    to make available its books and records that support a requested change 
    in contract price.
    Michele P. Peterson,
    Executive Editor, Defense Acquisition Regulations Council.
    [FR Doc. 99-7134 Filed 3-23-99; 8:45 am]
    BILLING CODE 5000-04-M
    
    
    

Document Information

Published:
03/24/1999
Department:
Defense Department
Entry Type:
Notice
Action:
Notice and request for comments regarding a proposed extension of an approved information collection requirement.
Document Number:
99-7134
Dates:
Consideration will be given to all comments received by May 24, 1999.
Pages:
14216-14217 (2 pages)
Docket Numbers:
OMB Control Number 0704-0259
PDF File:
99-7134.pdf