E7-5477. Information Collection Requirement; Defense Federal Acquisition Regulation Supplement; Contract Financing
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AGENCY:
Defense Acquisition Regulations System, Department of Defense (DoD).
ACTION:
Notice and request for comments regarding a proposed extension of an approved information collection requirement.
SUMMARY:
In compliance with Section 3506(c)(2)(A) of the Paperwork Reduction Act of 1995 (44 U.S.C. Start Printed Page 14263Chapter 35), DoD announces the proposed extension of a public information collection requirement and seeks public comment on the provisions thereof. DoD invites comments 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. The Office of Management and Budget (OMB) has approved this information collection requirement for use through December 31, 2007. DoD proposes that OMB extend its approval for use for three additional years.
DATES:
DoD will consider all comments received by May 29, 2007.
ADDRESSES:
You may submit comments, identified by OMB Control Number 0704-0359, using any of the following methods:
- Federal eRulemaking Portal: http://www.regulations.gov. Follow the instructions for submitting comments.
- E-mail: dfars@osd.mil. Include OMB Control Number 0704-0359 in the subject line of the message.
- Fax: (703) 602-0350.
- Mail: Defense Acquisition Regulations System, Attn: Mr. John McPherson, OUSD (AT&L) DPAP (DARS), IMD 3C132, 3062 Defense Pentagon, Washington, DC 20301-3062.
- Hand Delivery/Courier: Defense Acquisition Regulations System, Crystal Square 4, Suite 200A, 241 18th Street, Arlington, VA 22202-3402.
Comments received generally will be posted without change to http://www.regulations.gov,, including any personal information provided.
Start Further InfoFOR FURTHER INFORMATION CONTACT:
Mr. John McPherson, (703) 602-0296. The information collection requirements addressed in this notice are available on the World Wide Web at: http://www.acq.osd.mil/dpap/dars/dfars/index.htm. Paper copies are available from Mr. John McPherson, OUSD (AT&L) DPAP (DARS), IMD 3C132, 3062 Defense Pentagon, Washington, DC 20301-3062.
End Further Info End Preamble Start Supplemental InformationSUPPLEMENTARY INFORMATION:
Title and OMB Number: Defense Federal Acquisition Regulation Supplement (DFARS) Part 232, Contract Financing, and related clause at DFARS 252.232-7007, Limitation of Government's Obligation; OMB Control Number 0704-0359.
Needs and Uses: This information collection requires contractors that are awarded incrementally funded, fixed-price DoD contracts 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 and 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
This 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 (1) the contract is for severable services, does not exceed one year in length, and is incrementally funded using funds available as of the date the funds are obligated; or (2) the contract uses funds available from two or more fiscal years and is funded with research and development appropriations, or Congress has otherwise authorized incremental funding. 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.
Start SignatureMichele P. Peterson,
Editor, Defense Acquisition Regulations System.
[FR Doc. E7-5477 Filed 3-26-07; 8:45 am]
BILLING CODE 5001-08-P
Document Information
- Published:
- 03/27/2007
- Department:
- Defense Acquisition Regulations System
- Entry Type:
- Notice
- Action:
- Notice and request for comments regarding a proposed extension of an approved information collection requirement.
- Document Number:
- E7-5477
- Dates:
- DoD will consider all comments received by May 29, 2007.
- Pages:
- 14262-14263 (2 pages)
- Docket Numbers:
- OMB Control Number 0704-0359
- PDF File:
- e7-5477.pdf