Federal Acquisition Regulation; Information Collection; American Recovery and Reinvestment Act-Reporting Requirements-One-Time Reporting, Compensation Requirements, 58387-58388 [2010-23881]

Download as PDF Federal Register / Vol. 75, No. 185 / Friday, September 24, 2010 / Notices [FR Doc. 2010–23905 Filed 9–23–10; 8:45 am] BILLING CODEP FEDERAL ACCOUNTING STANDARDS ADVISORY BOARD Notice of Issuance of Exposure Draft of a Concepts Statement on Measurement of the Elements of Accrual-Basis Financial Statements in Periods After Initial Recording Federal Accounting Standards Advisory Board. ACTION: Notice. AGENCY: Board Action: Pursuant to 31 U.S.C. 3511(d), the Federal Advisory Committee Act (Pub. L. 92–463), as amended, and the FASAB Rules of Procedure, as amended in April, 2004, notice is hereby given that the Federal Accounting Standards Advisory Board (FASAB) has issued an Exposure Draft of a Concepts Statement on Measurement of the Elements of Accrual-Basis Financial Statements in Periods After Initial Recording. The Exposure Draft is available on the FASAB home page http:// www.fasab.gov/exposure.html. Copies can be obtained by contacting FASAB at (202) 512–7350. Respondents are encouraged to comment on any part of the exposure draft. Written comments are requested by November 30, 2010, and should be sent to: Wendy M. Payne, Executive Director, Federal Accounting Standards Advisory Board, 441 G Street, NW, Suite 6814, Mail Stop 6K17V, Washington, DC 20548. FOR FURTHER INFORMATION CONTACT: Wendy Payne, Executive Director, at (202) 512–7350. Authority: Federal Advisory Committee Act, Pub. L. 92–463. Dated: September 21, 2010. Charles Jackson, Federal Register Liaison Officer. [FR Doc. 2010–24047 Filed 9–23–10; 8:45 am] BILLING CODE 1610–02–P FEDERAL RESERVE SYSTEM Board of Governors of the Federal Reserve System, September 21, 2010. Robert deV. Frierson, Deputy Secretary of the Board. srobinson on DSKHWCL6B1PROD with NOTICES Formations of, Acquisitions by, and Mergers of Bank Holding Companies The companies listed in this notice have applied to the Board for approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all other applicable statutes and regulations to become a bank holding company and/or to acquire the VerDate Mar<15>2010 16:12 Sep 23, 2010 Jkt 220001 assets or the ownership of, control of, or the power to vote shares of a bank or bank holding company and all of the banks and nonbanking companies owned by the bank holding company, including the companies listed below. The applications listed below, as well as other related filings required by the Board, are available for immediate inspection at the Federal Reserve Bank indicated. The applications also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the acquisition of a nonbanking company, the review also includes whether the acquisition of the nonbanking company complies with the standards in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, nonbanking activities will be conducted throughout the United States. Additional information on all bank holding companies may be obtained from the National Information Center website at www.ffiec.gov/nic/. Unless otherwise noted, comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than October 21, 2010. A. Federal Reserve Bank of Dallas (E. Ann Worthy, Vice President) 2200 North Pearl Street, Dallas, Texas 75201– 2272: 1. Cendera Holdings, Inc., Fort Worth, Texas; to become a bank holding company by acquiring 100 percent of the voting shares of First Bells Bankshares, Inc., and thereby indirectly acquire voting shares of The First National Bank of Bells/Savoy, both of Bells, Texas. In connection with this application, Applicant also has applied to acquire Cendera Funding, Inc., Fort Worth, Texas, and thereby engage in extending credit and servicing loans, pursuant to section 225.28(b)(1) of Regulation Y. [FR Doc. 2010–23928 Filed 9–23–10; 8:45 am] BILLING CODE 6210–01–S PO 00000 Frm 00041 Fmt 4703 Sfmt 4703 58387 DEPARTMENT OF DEFENSE GENERAL SERVICES ADMINISTRATION NATIONAL AERONAUTICS AND SPACE ADMINISTRATION [OMB Control No. 9000–0168; Docket 2010– 0083; Sequence 20] Federal Acquisition Regulation; Information Collection; American Recovery and Reinvestment ActReporting Requirements—One-Time Reporting, Compensation Requirements Department of Defense (DOD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA). ACTION: Notice of request for comments regarding an extension to an existing OMB clearance (9000–0168). AGENCY: Under the provisions of the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35), the Federal Acquisition Regulation Regulatory 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 the American Recovery and Reinvestment Act-Reporting Requirements—One Time-Reporting, Compensation Requirements. Public comments are particularly invited on: Whether this collection of information is necessary for the proper performance of functions of the FAR, and whether it will have practical utility; whether our estimate of the public burden of this collection of information is accurate, and based on valid assumptions and methodology; ways to enhance the quality, utility, and clarity of the information to be collected; and ways in which we can minimize the burden of the collection of information on those who are to respond, through the use of appropriate technological collection techniques or other forms of information technology. DATES: Submit comments on or before November 23, 2010. ADDRESSES: Submit comments identified by Information Collection 9000–0168 by any of the following methods: • Regulations.gov: http:// www.regulations.gov. Submit comments via the Federal eRulemaking portal by inputting ‘‘Information Collection 9000–0168’’ under the heading ‘‘Enter Keyword or ID’’ and selecting ‘‘Search’’. Select the link ‘‘Submit a Comment’’ that corresponds with ‘‘Information SUMMARY: E:\FR\FM\24SEN1.SGM 24SEN1 58388 Federal Register / Vol. 75, No. 185 / Friday, September 24, 2010 / Notices Collection 9000–0168.’’ Follow the instructions provided at the ‘‘Submit a Comment’’ screen. Please include your name, company name (if any), and ‘‘Information Collection 9000–0168’’ on your attached document. • Fax: 202–501–4068. • Mail: General Services Administration, Regulatory Secretariat (MVCB), 1800 F Street, NW., Room 4041, Washington, DC 20405. ATTN: Hada Flowers/IC 9000–0168. Instructions: Please submit comments only and cite Information Collection 9000–0168, in all correspondence related to this collection. All comments received will be posted without change to http://www.regulations.gov, including any personal and/or business confidential information provided. FOR FURTHER INFORMATION CONTACT: Mr. Ernest Woodson, Procurement Analyst, Contract Policy Branch, at telephone (202) 501–3775 or via e-mail to ernest.woodson@gsa.gov. SUPPLEMENTARY INFORMATION: srobinson on DSKHWCL6B1PROD with NOTICES A. Purpose The Federal Acquisition Regulation (FAR) subpart 4.15, and clause 52.204– 11 requires contractors to report on use of Recovery Act funds. Contracting officers must include the new clause in solicitations and contracts funded in whole or in part with Recovery Act funds, except classified solicitations and contracts. Commercial item contracts and Commercially Available Off-TheShelf (COTS) item contracts will be covered, as well as actions under the simplified action threshold. One-Time Reporting, Compensation Requirements. A one-time reporting element for which the burden is imposed on certain prime contractors and first-tier subcontractors to publicly disclose the names and total compensation of each of the contractor’s or first-tier subcontractor’s five most highly compensated officers, for the calendar year in which the award was made. While Section 1512(c)(4) of the Recovery Act requires reporting on all FFATA data elements, including the compensation information, it limits the prime’s reporting responsibility to first tier subcontractors that meet the applicability requirements. The FAR clause requires this compensation disclosure for prime contractors as well because to exclude prime contractors while requiring disclosure for first-tier subcontractors would be unsupportable given the transparency goals of both FFATA and the Recovery Act. There are likely to be some prime contractors that already provide public access to the VerDate Mar<15>2010 16:12 Sep 23, 2010 Jkt 220001 compensation of senior executives through periodic reports filed under section 13(a) or 15(d) of the Securities Exchange Act of 1934 or section 6104 of the Internal Revenue Code of 1986. For purposes of this analysis, the Government estimates that 5 percent of prime contractors already provide such public access. There are also likely to be some first-tier subcontractors that do not meet either of the revenue thresholds for applicability. For purposes of this analysis, the Government estimates that 5 percent of first-tier subcontractors will not have to disclose compensation information because they do not meet the revenue thresholds. B. Annual Reporting Burden Respondents: 76,049. Responses Per Respondent: 1.25. Total Annual Reponses: 95,061. Hours Per Response: 3. Total Burden Hours: 285,183. Obtaining Copies of Proposals: Requesters may obtain a copy of the information collection documents from the General Services Administration, Regulatory Secretariat (MVCB), 1800 F Street, NW., Room 4041, Washington, DC 20405, telephone (202) 501–4755. Please cite OMB Control No. 9000–0168, American Recovery and Reinvestment Act-Reporting Requirements—One-Time Reporting, Compensation Requirements, in all correspondence. Dated: September 17, 2010. Edward Loeb, Director, Acquisition Policy Division. [FR Doc. 2010–23881 Filed 9–23–10; 8:45 am] BILLING CODE 6820–EP–P DEPARTMENT OF DEFENSE GENERAL SERVICES ADMINISTRATION NATIONAL AERONAUTICS AND SPACE ADMINISTRATION [OMB Control No. 9000–0169; Docket 2010– 0083; Sequence 21] Federal Acquisition Regulation; Information Collection; American Recovery and Reinvestment ActReporting Requirements—Quarterly Reporting for Prime Contractors Department of Defense (DOD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA). ACTION: Notice of request for comments regarding an extension to an existing OMB clearance (9000–0169). AGENCY: PO 00000 Frm 00042 Fmt 4703 Sfmt 4703 Under the provisions of the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35), the Federal Acquisition Regulation Regulatory 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 the American Recovery and Reinvestment Act—Quarterly Reporting for Prime Contractors. Public comments are particularly invited on: Whether this collection of information is necessary for the proper performance of functions of the FAR, and whether it will have practical utility; whether our estimate of the public burden of this collection of information is accurate, and based on valid assumptions and methodology; ways to enhance the quality, utility, and clarity of the information to be collected; and ways in which we can minimize the burden of the collection of information on those who are to respond, through the use of appropriate technological collection techniques or other forms of information technology. DATES: Submit comments on or before November 23, 2010. ADDRESSES: Submit comments identified by Information Collection 9000–0169 by any of the following methods: • Regulations.gov: http:// www.regulations.gov. Submit comments via the Federal eRulemaking portal by inputting ‘‘Information Collection 9000–0169’’ under the heading ‘‘Enter Keyword or ID’’ and selecting ‘‘Search’’. Select the link ‘‘Submit a Comment’’ that corresponds with ‘‘Information Collection 9000–0169’’. Follow the instructions provided at the ‘‘Submit a Comment’’ screen. Please include your name, company name (if any), and ‘‘Information Collection 9000–0169’’ on your attached document. • Fax: 202–501–4068. • Mail: General Services Administration, Regulatory Secretariat (MVCB), 1800 F Street, NW., Room 4041, Washington, DC 20405. ATTN: Hada Flowers/IC 9000–0169. Instructions: Please submit comments only and cite Information Collection 9000–0169, in all correspondence related to this collection. All comments received will be posted without change to http://www.regulations.gov, including any personal and/or business confidential information provided. FOR FURTHER INFORMATION CONTACT: Mr. Ernest Woodson, Procurement Analyst, Contract Policy Branch, at telephone (202) 501–3775 or via e-mail to ernest.woodson@gsa.gov. SUMMARY: E:\FR\FM\24SEN1.SGM 24SEN1

Agencies

[Federal Register Volume 75, Number 185 (Friday, September 24, 2010)]
[Notices]
[Pages 58387-58388]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-23881]


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DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

 [OMB Control No. 9000-0168; Docket 2010-0083; Sequence 20]


Federal Acquisition Regulation; Information Collection; American 
Recovery and Reinvestment Act-Reporting Requirements--One-Time 
Reporting, Compensation Requirements

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

ACTION: Notice of request for comments regarding an extension to an 
existing OMB clearance (9000-0168).

-----------------------------------------------------------------------

SUMMARY: Under the provisions of the Paperwork Reduction Act of 1995 
(44 U.S.C. Chapter 35), the Federal Acquisition Regulation Regulatory 
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 the American 
Recovery and Reinvestment Act-Reporting Requirements--One Time-
Reporting, Compensation Requirements.
    Public comments are particularly invited on: Whether this 
collection of information is necessary for the proper performance of 
functions of the FAR, and whether it will have practical utility; 
whether our estimate of the public burden of this collection of 
information is accurate, and based on valid assumptions and 
methodology; ways to enhance the quality, utility, and clarity of the 
information to be collected; and ways in which we can minimize the 
burden of the collection of information on those who are to respond, 
through the use of appropriate technological collection techniques or 
other forms of information technology.

DATES: Submit comments on or before November 23, 2010.

ADDRESSES: Submit comments identified by Information Collection 9000-
0168 by any of the following methods:
     Regulations.gov: http://www.regulations.gov. Submit 
comments via the Federal eRulemaking portal by inputting ``Information 
Collection 9000-0168'' under the heading ``Enter Keyword or ID'' and 
selecting ``Search''. Select the link ``Submit a Comment'' that 
corresponds with ``Information

[[Page 58388]]

Collection 9000-0168.'' Follow the instructions provided at the 
``Submit a Comment'' screen. Please include your name, company name (if 
any), and ``Information Collection 9000-0168'' on your attached 
document.
     Fax: 202-501-4068.
     Mail: General Services Administration, Regulatory 
Secretariat (MVCB), 1800 F Street, NW., Room 4041, Washington, DC 
20405. ATTN: Hada Flowers/IC 9000-0168.
    Instructions: Please submit comments only and cite Information 
Collection 9000-0168, in all correspondence related to this collection. 
All comments received will be posted without change to http://www.regulations.gov, including any personal and/or business 
confidential information provided.

FOR FURTHER INFORMATION CONTACT:  Mr. Ernest Woodson, Procurement 
Analyst, Contract Policy Branch, at telephone (202) 501-3775 or via e-
mail to ernest.woodson@gsa.gov.

SUPPLEMENTARY INFORMATION: 

A. Purpose

    The Federal Acquisition Regulation (FAR) subpart 4.15, and clause 
52.204-11 requires contractors to report on use of Recovery Act funds. 
Contracting officers must include the new clause in solicitations and 
contracts funded in whole or in part with Recovery Act funds, except 
classified solicitations and contracts. Commercial item contracts and 
Commercially Available Off-The-Shelf (COTS) item contracts will be 
covered, as well as actions under the simplified action threshold.
    One-Time Reporting, Compensation Requirements. A one-time reporting 
element for which the burden is imposed on certain prime contractors 
and first-tier subcontractors to publicly disclose the names and total 
compensation of each of the contractor's or first-tier subcontractor's 
five most highly compensated officers, for the calendar year in which 
the award was made.
    While Section 1512(c)(4) of the Recovery Act requires reporting on 
all FFATA data elements, including the compensation information, it 
limits the prime's reporting responsibility to first tier 
subcontractors that meet the applicability requirements. The FAR clause 
requires this compensation disclosure for prime contractors as well 
because to exclude prime contractors while requiring disclosure for 
first-tier subcontractors would be unsupportable given the transparency 
goals of both FFATA and the Recovery Act. There are likely to be some 
prime contractors that already provide public access to the 
compensation of senior executives through periodic reports filed under 
section 13(a) or 15(d) of the Securities Exchange Act of 1934 or 
section 6104 of the Internal Revenue Code of 1986. For purposes of this 
analysis, the Government estimates that 5 percent of prime contractors 
already provide such public access. There are also likely to be some 
first-tier subcontractors that do not meet either of the revenue 
thresholds for applicability. For purposes of this analysis, the 
Government estimates that 5 percent of first-tier subcontractors will 
not have to disclose compensation information because they do not meet 
the revenue thresholds.

B. Annual Reporting Burden

    Respondents: 76,049.
    Responses Per Respondent: 1.25.
    Total Annual Reponses: 95,061.
    Hours Per Response: 3.
    Total Burden Hours: 285,183.
    Obtaining Copies of Proposals: Requesters may obtain a copy of the 
information collection documents from the General Services 
Administration, Regulatory Secretariat (MVCB), 1800 F Street, NW., Room 
4041, Washington, DC 20405, telephone (202) 501-4755. Please cite OMB 
Control No. 9000-0168, American Recovery and Reinvestment Act-Reporting 
Requirements--One-Time Reporting, Compensation Requirements, in all 
correspondence.

    Dated: September 17, 2010.
Edward Loeb,
Director, Acquisition Policy Division.
[FR Doc. 2010-23881 Filed 9-23-10; 8:45 am]
BILLING CODE 6820-EP-P