Federal Acquisition Regulation; Information Collection; Economic Price Adjustment, 69442 [2012-28031]

Download as PDF 69442 Federal Register / Vol. 77, No. 223 / Monday, November 19, 2012 / Notices descriptions in cost accounting practices and also to provide information on CAS-covered subcontractors. B. Annual Reporting Burden The estimated annual reporting burden is increased from that published in the Federal Register at 75 FR 3236, on January 20, 2010. Based on data from the Federal Procurement Data System for fiscal year 2011, an upward adjustment is made to the estimated annual reporting burden. Number of Respondents: 1,288. Responses per Respondent: 2.27. Total Responses: 2,924. Average Burden Hours per Response: 175.00. Total Burden Hours: 511,700. Obtaining Copies of Proposals: Requesters may obtain a copy of the information collection documents from the General Services Administration, Regulatory Secretariat (MVCB), 1275 First Street NE., Washington, DC 20417, telephone (202) 501–4755. Please cite OMB Control Number 9000–0129, Cost Accounting Standards Administration, in all correspondence. Dated: November 8, 2012. William Clark, Acting Director, Federal Acquisition Policy Division, Office of Governmentwide Acquisition Policy, Office of Acquisition Policy, Office of Governmentwide Policy. [FR Doc. 2012–28038 Filed 11–16–12; 8:45 am] BILLING CODE 6820–EP–P DEPARTMENT OF DEFENSE GENERAL SERVICES ADMINISTRATION NATIONAL AERONAUTICS AND SPACE ADMINISTRATION [OMB Control No. 9000–0068: Docket 2012– 0076; Sequence 55] Federal Acquisition Regulation; Information Collection; Economic Price Adjustment 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. pmangrum on DSK3VPTVN1PROD with NOTICES AGENCIES: Under the provisions of the Paperwork Reduction Act, the Regulatory Secretariat will be submitting to the Office of Management and Budget (OMB) a request to review and approve an extension of a previously approved information collection requirement concerning economic price adjustment. SUMMARY: VerDate Mar<15>2010 14:04 Nov 16, 2012 Jkt 229001 Public comments are particularly invited on: Whether this collection of information is necessary for the proper performance of functions of the Federal Acquisition Regulations (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 January 18, 2013. ADDRESSES: Submit comments identified by Information Collection 9000–0068, Economic Price Adjustment by any of the following methods: • Regulations.gov: https:// www.regulations.gov. Submit comments via the Federal eRulemaking portal by searching the OMB control number. Select the link ‘‘Submit a Comment’’ that corresponds with ‘‘Information Collection 9000–0068, Economic Price Adjustment’’. Follow the instructions provided at the ‘‘Submit a Comment’’ screen. Please include your name, company name (if any), and ‘‘Information Collection 9000–0068, Economic Price Adjustment’’ on your attached document. • Fax: 202–501–4067. • Mail: General Services Administration, Regulatory Secretariat (MVCB), 1275 First Street NE., Washington, DC 20417. ATTN: Hada Flowers/IC 9000–0068, Economic Price Adjustment. Instructions: Please submit comments only and cite Information Collection 9000–0068, Economic Price Adjustment, in all correspondence related to this collection. All comments received will be posted without change to https:// www.regulations.gov, including any personal and/or business confidential information provided. FOR FURTHER INFORMATION CONTACT: Mr. Michael O. Jackson, Procurement Analyst, Office of Governmentwide Acquisition Policy, GSA (202) 208–4949 or email michaelo.jackson@gsa.gov. SUPPLEMENTARY INFORMATION: A. Purpose FAR 16.203, Fixed-price contracts with economic price adjustment, and associated clauses at 52.216–2, 52.216– 3, and 52.216–4 provide for upward and downward revision of the stated contract price upon occurrence of PO 00000 Frm 00009 Fmt 4703 Sfmt 4703 specified contingencies. In order for the contracting officer to be aware of price changes, the firm must provide pertinent information to the Government. The information is used to determine the proper amount of price adjustments required under the contract. B. Annual Reporting Burden The estimated annual reporting burden is being adjusted upward since published in the Federal Register at 74 FR 64085, on December 7, 2009. The upward adjustment is based on a revised number of respondents obtained from the Federal Procurement Data System—Next Generation (FPDS–NG) data for fixed-price contracts with economic price adjustments. Respondents: 11,945. Responses per Respondent: 1. Annual Responses: 11,945. Hours per Response: .25. Total Burden Hours: 2,986. Obtaining Copies of Proposals Requesters may obtain a copy of the information collection documents from the General Services Administration, Regulatory Secretariat (MVCB), 1275 First Street NE., Washington, DC 20417, telephone (202) 501–4755. Please cite OMB Control No. 9000–0068, Economic Price Adjustment, in all correspondence. Dated: November 8, 2012. William Clark, Acting Director, Federal Acquisition Policy Division, Office of Acquisition Policy, Office of Governmentwide Policy. [FR Doc. 2012–28031 Filed 11–16–12; 8:45 am] BILLING CODE 6820–EP–P DEPARTMENT OF DEFENSE Office of the Secretary [Docket ID: DoD–2012–OS–0138] Privacy Act of 1974; System of Records Office of the Secretary of Defense/Joint Staff, DoD. ACTION: Notice to amend a System of Records. AGENCY: The Office of the Secretary of Defense is amending a system of records notice in its existing inventory of record systems subject to the Privacy Act of 1974 (5 U.S.C. 552a), as amended. DATES: This proposed action will be effective on December 20, 2012 unless comments are received which result in a contrary determination. Comments will be accepted on or before December 19, 2012. SUMMARY: E:\FR\FM\19NON1.SGM 19NON1

Agencies

[Federal Register Volume 77, Number 223 (Monday, November 19, 2012)]
[Notices]
[Page 69442]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-28031]


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DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

[OMB Control No. 9000-0068: Docket 2012-0076; Sequence 55]


Federal Acquisition Regulation; Information Collection; Economic 
Price Adjustment

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.

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

SUMMARY: Under the provisions of the Paperwork Reduction Act, the 
Regulatory Secretariat will be submitting to the Office of Management 
and Budget (OMB) a request to review and approve an extension of a 
previously approved information collection requirement concerning 
economic price adjustment.
    Public comments are particularly invited on: Whether this 
collection of information is necessary for the proper performance of 
functions of the Federal Acquisition Regulations (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 January 18, 2013.

ADDRESSES: Submit comments identified by Information Collection 9000-
0068, Economic Price Adjustment by any of the following methods:
     Regulations.gov: https://www.regulations.gov. Submit 
comments via the Federal eRulemaking portal by searching the OMB 
control number. Select the link ``Submit a Comment'' that corresponds 
with ``Information Collection 9000-0068, Economic Price Adjustment''. 
Follow the instructions provided at the ``Submit a Comment'' screen. 
Please include your name, company name (if any), and ``Information 
Collection 9000-0068, Economic Price Adjustment'' on your attached 
document.
     Fax: 202-501-4067.
     Mail: General Services Administration, Regulatory 
Secretariat (MVCB), 1275 First Street NE., Washington, DC 20417. ATTN: 
Hada Flowers/IC 9000-0068, Economic Price Adjustment.
    Instructions: Please submit comments only and cite Information 
Collection 9000-0068, Economic Price Adjustment, in all correspondence 
related to this collection. All comments received will be posted 
without change to https://www.regulations.gov, including any personal 
and/or business confidential information provided.

FOR FURTHER INFORMATION CONTACT: Mr. Michael O. Jackson, Procurement 
Analyst, Office of Governmentwide Acquisition Policy, GSA (202) 208-
4949 or email michaelo.jackson@gsa.gov.

SUPPLEMENTARY INFORMATION: 

A. Purpose

    FAR 16.203, Fixed-price contracts with economic price adjustment, 
and associated clauses at 52.216-2, 52.216-3, and 52.216-4 provide for 
upward and downward revision of the stated contract price upon 
occurrence of specified contingencies. In order for the contracting 
officer to be aware of price changes, the firm must provide pertinent 
information to the Government. The information is used to determine the 
proper amount of price adjustments required under the contract.

B. Annual Reporting Burden

    The estimated annual reporting burden is being adjusted upward 
since published in the Federal Register at 74 FR 64085, on December 7, 
2009. The upward adjustment is based on a revised number of respondents 
obtained from the Federal Procurement Data System--Next Generation 
(FPDS-NG) data for fixed-price contracts with economic price 
adjustments.
    Respondents: 11,945.
    Responses per Respondent: 1.
    Annual Responses: 11,945.
    Hours per Response: .25.
    Total Burden Hours: 2,986.

Obtaining Copies of Proposals

    Requesters may obtain a copy of the information collection 
documents from the General Services Administration, Regulatory 
Secretariat (MVCB), 1275 First Street NE., Washington, DC 20417, 
telephone (202) 501-4755. Please cite OMB Control No. 9000-0068, 
Economic Price Adjustment, in all correspondence.

    Dated: November 8, 2012.
William Clark,
Acting Director, Federal Acquisition Policy Division, Office of 
Acquisition Policy, Office of Governmentwide Policy.
[FR Doc. 2012-28031 Filed 11-16-12; 8:45 am]
BILLING CODE 6820-EP-P

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