Federal Acquisition Regulation; Information Collection; Contract Funding-Limitation of Costs/Funds, 75163-75164 [2012-30514]

Agencies

• DEPARTMENT OF DEFENSE
• General Services Administration
• National Aeronautics and Space Administration

[Federal Register Volume 77, Number 244 (Wednesday, December 19, 2012)]
[Notices]
[Pages 75163-75164]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-30514]


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DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

[OMB Control No. 9000-0074: Sequence 44]


Federal Acquisition Regulation; Information Collection; Contract 
Funding--Limitation of Costs/Funds

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

ACTION: Notice of request for public comments regarding an extension of 
an existing OMB clearance.

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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 
limitation of costs/funds.

[[Page 75164]]

    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 February 19, 2013.

ADDRESSES: Submit comments identified by Information Collection 9000-
0074, Contract Funding--Limitation of Costs/Funds 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 9000-0074, Contract Funding--
Limitation of Costs/Funds''. Follow the instructions provided at the 
``Submit a Comment'' screen. Please include your name, company name (if 
any), and ``Information Collection 9000-0074, Contract Funding--
Limitation of Costs/Funds'' 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 9000-0074, Contract Funding--Limitation of Costs/Funds.
    Instructions: Please submit comments only and cite Information 
Collection 9000-0074, Contract Funding--Limitation of Costs/Funds, 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. Edward Chambers, Procurement 
Analyst, Office of Governmentwide Acquisition Policy, GSA (202) 501-
3221 or email Edward.chambers@gsa.gov.

SUPPLEMENTARY INFORMATION:

A. Purpose

    Firms performing under Federal cost-reimbursement contracts are 
required to notify the contracting officer in writing whenever they 
have reason to believe--
    (1) The costs the contractors expect to incur under the contracts 
in the next 60 days, when added to all costs previously incurred, will 
exceed 75 percent of the estimated cost of the contracts; or
    (2) The total cost for the performance of the contracts will be 
greater or substantially less than estimated. As a part of the 
notification, the contractors must provide a revised estimate of total 
cost.

B. Annual Reporting Burden

    Based on Federal Procurement Data System data for Fiscal Year 2011, 
the number of responses for the type of actions related to this 
information collection requirement increased from 53,456 to 57,460. As 
a result, there is an upward adjustment to the estimated burden hours 
since the last notice for an extension to this information collection 
published in the Federal Register at 74 FR 56639, November 2, 2009.
    Respondents: 3,598.
    Responses per Respondent: 15.96999.
    Annual Responses: 57,460.
    Hours per Response: .5.
    Total Burden Hours: 28,730.
    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. 9000-0074, Contract Funding--Limitation of Costs/Funds, in all 
correspondence.

    Dated: December 8, 2012.
William Clark,
Acting Director, Federal Acquisition Policy Division, Office of 
Governmentwide Acquisition Policy, Office of Acquisition Policy, Office 
of Governmnetwide Policy.
[FR Doc. 2012-30514 Filed 12-18-12; 8:45 am]
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