Information Collection Requirement; Defense Federal Acquisition Regulation Supplement, Contract Financing, 15143 [2020-05353]

Download as PDF Federal Register / Vol. 85, No. 52 / Tuesday, March 17, 2020 / Notices confirm receipt of your comment(s), please check www.regulations.gov approximately two to three days after submission to verify posting. Please allow 30 days for posting of comments submitted by postal mail. FOR FURTHER INFORMATION CONTACT: Ms. Amy G. Williams, telephone 571–372– 6106. DEPARTMENT OF DEFENSE Defense Acquisition Regulations System [Docket Number DARS–2020–0014; OMB Control Number 0704–0359] Information Collection Requirement; Defense Federal Acquisition Regulation Supplement, Contract Financing SUPPLEMENTARY INFORMATION: Defense Acquisition Regulations System, Department of Defense (DoD). ACTION: Notice and request for comments regarding a proposed extension of an approved information collection requirement. AGENCY: In compliance with section 3506(c)(2)(A) of the Paperwork Reduction Act of 1995, DoD announces the proposed revision 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 May 31, 2020. DoD proposes that OMB extend its approval for an additional three years. DATES: DoD will consider all comments received by May 18, 2020. ADDRESSES: You may submit comments, identified by OMB Control Number 0704–0359, using any of the following methods: Æ Federal eRulemaking Portal: http:// www.regulations.gov. Follow the instructions for submitting comments. Æ Email: osd.dfars@mail.mil. Include OMB Control Number 0704–0359 in the subject line of the message. Æ Fax: 571–372–6094. Æ Mail: Defense Acquisition Regulations System, Attn: Ms. Amy G. Williams, OUSD(A&S)DPC/DARS, Room 3B941, 3060 Defense Pentagon, Washington, DC 20301–3060. Comments received generally will be posted without change to http:// www.regulations.gov, including any personal information provided. To khammond on DSKJM1Z7X2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 17:32 Mar 16, 2020 Jkt 250001 Title and OMB Number: Defense Federal Acquisition Regulation Supplement (DFARS) Part 232, Contract Financing and Related Clauses at 252.232; OMB Control Number 0704– 0359. Type of Request: Extension. Affected Public: Businesses or other for-profit and not-for-profit institutions. Respondents’ Obligation: Required to obtain or retain benefits. Respondents: 1,000. Responses per Respondent: 14. Annual Responses: 14,000. Hours per Response: 1.2 hour. Estimated Hours: 16,800. Reporting Frequency: On occasion. Needs and Uses: • DFARS 252.232–7007, Limitation of Government’s Obligation. The data submitted by contractors enables contracting officers to calculate improved financing opportunities that will provide benefit to both industry (prime and subcontractor level) and the taxpayer. • DFARS subpart 232.10, Performance-Based Payments, 252.232– 7012, Performance Based Payments— Whole Contract Basis, and 252.232– 7013, Performance Based Payments— Deliverable-Item Basis. Contracting officers use the information provided by contractors to create a cash-flow model for use in evaluating alternative financing arrangements. The analysis tool calculates improved financing opportunities that will provide benefit to both industry (prime and subcontractor level) and the taxpayer. Summary of Information Collection DFARS 252.232–7007 is prescribed for use in solicitations and resultant incrementally-funded fixed-price contracts. Paragraph (c) of the clause requires a written notification from the contractor that: (1) States the estimated date when the total amount payable by the Government, including any cost for termination for convenience, will approximate 85 percent of the total amount then allotted to the contract for performance of the applicable items; (2) states an estimate of additional funding, if any, needed to continue performance of applicable line items up to the next scheduled date for allotment of funds, PO 00000 Frm 00035 Fmt 4703 Sfmt 4703 15143 or to a mutually agreed upon substitute date; and (3) advises the contracting officer of the estimated amount of additional funds that will be required for the timely performance of the items funded pursuant to the clause, for a subsequent period as may be specified in the allotment schedule, or otherwise agreed to by the parties to the contract. DFARS subpart 232.10 requires the contracting officer, when considering performance-based payments, to obtain from the contractor a proposed performance-based payments schedule which includes all performance-based payments events, completion criteria and event values along with the expected expenditure profile. DFARS 252.232–7012 is prescribed for use at DFARS 232.1005–70(a). This clause requires contractors to report the negotiated value of all previously completed performance-based payments; negotiated value of current performance-based payment(s) event(s); cumulative negotiated value of performance-based payment(s) events completed to date; total costs incurred to date; cumulative amount of payments previously requested; and the payment amount requested for the current performance based payment. DFARS 252.232–7013 is prescribed for use at 232.1005–70(b). This clause requires contractors to report the negotiated value of current performance-based payment(s) event(s); cumulative negotiated value of performance-based payment(s) events completed to date; total costs incurred to date; cumulative amount of payments previously requested; and the payment amount requested for the current performance based payment. Jennifer Lee Hawes, Regulatory Control Officer, Defense Acquisition Regulations System. [FR Doc. 2020–05353 Filed 3–16–20; 8:45 am] BILLING CODE 5001–06–P DEPARTMENT OF DEFENSE Office of the Secretary [Transmittal No. 20–09] Arms Sales Notification Defense Security Cooperation Agency, Department of Defense. ACTION: Arms sales notice. AGENCY: The Department of Defense is publishing the unclassified text of an arms sales notification. FOR FURTHER INFORMATION CONTACT: Karma Job at karma.d.job.civ@mail.mil or (703) 697–8976. SUMMARY: E:\FR\FM\17MRN1.SGM 17MRN1

Agencies

[Federal Register Volume 85, Number 52 (Tuesday, March 17, 2020)]
[Notices]
[Page 15143]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-05353]



[[Page 15143]]

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DEPARTMENT OF DEFENSE

Defense Acquisition Regulations System

[Docket Number DARS-2020-0014; OMB Control Number 0704-0359]


Information Collection Requirement; Defense Federal Acquisition 
Regulation Supplement, Contract Financing

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.

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SUMMARY: In compliance with section 3506(c)(2)(A) of the Paperwork 
Reduction Act of 1995, DoD announces the proposed revision 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 May 
31, 2020. DoD proposes that OMB extend its approval for an additional 
three years.

DATES: DoD will consider all comments received by May 18, 2020.

ADDRESSES: You may submit comments, identified by OMB Control Number 
0704-0359, using any of the following methods:
    [cir] Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
    [cir] Email: [email protected]. Include OMB Control Number 0704-
0359 in the subject line of the message.
    [cir] Fax: 571-372-6094.
    [cir] Mail: Defense Acquisition Regulations System, Attn: Ms. Amy 
G. Williams, OUSD(A&S)DPC/DARS, Room 3B941, 3060 Defense Pentagon, 
Washington, DC 20301-3060.
    Comments received generally will be posted without change to http://www.regulations.gov, including any personal information provided. To 
confirm receipt of your comment(s), please check www.regulations.gov 
approximately two to three days after submission to verify posting. 
Please allow 30 days for posting of comments submitted by postal mail.

FOR FURTHER INFORMATION CONTACT: Ms. Amy G. Williams, telephone 571-
372-6106.

SUPPLEMENTARY INFORMATION:
    Title and OMB Number: Defense Federal Acquisition Regulation 
Supplement (DFARS) Part 232, Contract Financing and Related Clauses at 
252.232; OMB Control Number 0704-0359.
    Type of Request: Extension.
    Affected Public: Businesses or other for-profit and not-for-profit 
institutions.
    Respondents' Obligation: Required to obtain or retain benefits.
    Respondents: 1,000.
    Responses per Respondent: 14.
    Annual Responses: 14,000.
    Hours per Response: 1.2 hour.
    Estimated Hours: 16,800.
    Reporting Frequency: On occasion.
    Needs and Uses:
     DFARS 252.232-7007, Limitation of Government's Obligation. 
The data submitted by contractors enables contracting officers to 
calculate improved financing opportunities that will provide benefit to 
both industry (prime and subcontractor level) and the taxpayer.
     DFARS subpart 232.10, Performance-Based Payments, 252.232-
7012, Performance Based Payments--Whole Contract Basis, and 252.232-
7013, Performance Based Payments--Deliverable-Item Basis. Contracting 
officers use the information provided by contractors to create a cash-
flow model for use in evaluating alternative financing arrangements. 
The analysis tool calculates improved financing opportunities that will 
provide benefit to both industry (prime and subcontractor level) and 
the taxpayer.

Summary of Information Collection

    DFARS 252.232-7007 is prescribed for use in solicitations and 
resultant incrementally-funded fixed-price contracts. Paragraph (c) of 
the clause requires a written notification from the contractor that: 
(1) States the estimated date when the total amount payable by the 
Government, including any cost for termination for convenience, will 
approximate 85 percent of the total amount then allotted to the 
contract for performance of the applicable items; (2) states an 
estimate of additional funding, if any, needed to continue performance 
of applicable line items up to the next scheduled date for allotment of 
funds, or to a mutually agreed upon substitute date; and (3) advises 
the contracting officer of the estimated amount of additional funds 
that will be required for the timely performance of the items funded 
pursuant to the clause, for a subsequent period as may be specified in 
the allotment schedule, or otherwise agreed to by the parties to the 
contract.
    DFARS subpart 232.10 requires the contracting officer, when 
considering performance-based payments, to obtain from the contractor a 
proposed performance-based payments schedule which includes all 
performance-based payments events, completion criteria and event values 
along with the expected expenditure profile.
    DFARS 252.232-7012 is prescribed for use at DFARS 232.1005-70(a). 
This clause requires contractors to report the negotiated value of all 
previously completed performance-based payments; negotiated value of 
current performance-based payment(s) event(s); cumulative negotiated 
value of performance-based payment(s) events completed to date; total 
costs incurred to date; cumulative amount of payments previously 
requested; and the payment amount requested for the current performance 
based payment.
    DFARS 252.232-7013 is prescribed for use at 232.1005-70(b). This 
clause requires contractors to report the negotiated value of current 
performance-based payment(s) event(s); cumulative negotiated value of 
performance-based payment(s) events completed to date; total costs 
incurred to date; cumulative amount of payments previously requested; 
and the payment amount requested for the current performance based 
payment.

Jennifer Lee Hawes,
Regulatory Control Officer, Defense Acquisition Regulations System.
[FR Doc. 2020-05353 Filed 3-16-20; 8:45 am]
BILLING CODE 5001-06-P