Submission for OMB Review; Contract Financing, 58276 [2023-18354]

Agencies

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

[Federal Register Volume 88, Number 164 (Friday, August 25, 2023)]
[Notices]
[Page 58276]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-18354]


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DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

[OMB Control No. 9000-0138; Docket No. 2023-0053; Sequence No. 2]


Submission for OMB Review; Contract Financing

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

ACTION: Notice.

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SUMMARY: Under the provisions of the Paperwork Reduction Act, the 
Regulatory Secretariat Division has submitted to the Office of 
Management and Budget (OMB) a request to review and approve an 
extension of a previously approved information collection requirement 
regarding contract financing.

DATES: Submit comments on or before September 25, 2023.

ADDRESSES: Written comments and recommendations for this information 
collection should be sent within 30 days of publication of this notice 
to www.reginfo.gov/public/do/PRAMain. Find this particular information 
collection by selecting ``Currently under Review--Open for Public 
Comments'' or by using the search function.
    Additionally, submit a copy to GSA through https://www.regulations.gov and follow the instructions on the site. This 
website provides the ability to type short comments directly into the 
comment field or attach a file for lengthier comments.
    Instructions: All items submitted must cite OMB Control No. 9000-
0138, Contract Financing. Comments received generally will be posted 
without change to https://www.regulations.gov, including any personal 
and/or business confidential information provided. To confirm receipt 
of your comment(s), please check www.regulations.gov, approximately 
two-to-three days after submission to verify posting. If there are 
difficulties submitting comments, contact the GSA Regulatory 
Secretariat Division at 202-501-4755 or [email protected].

FOR FURTHER INFORMATION CONTACT: Zenaida Delgado, Procurement Analyst, 
at telephone 202-969-7207, or [email protected].

SUPPLEMENTARY INFORMATION:

A. OMB Control Number, Title, and Any Associated Form(s)

    9000-0138, Contract Financing.

B. Need and Uses

    This clearance covers the information that offerors and contractors 
must submit to comply with the following Federal Acquisition Regulation 
(FAR) requirements:
     FAR 52.232-28, Invitation to Propose Performance-Based 
Payments.
    This provision requires an offeror, when invited to propose terms 
under which the Government will make performance-based contract 
financing payments during contract performance, to include the 
following: the proposed contractual language describing the 
performance-based payments; information addressing the contractor's 
investment in the contract and a listing of--
    (i) The projected performance-based payment dates and the projected 
payment amounts; and
    (ii) The projected delivery date and the projected payment amount.
     FAR 52.232-29, Terms for Financing of Purchases of 
Commercial Products and Commercial Services.
     FAR 52.232-30, Installment Payments for Commercial 
Products and Commercial Services.
    These clauses require contractors, under commercial purchases 
pursuant to FAR part 12, to include with their payment requests an 
appropriately itemized statement of the financing payments requested 
and other supporting information, prepared in concert with the 
contracting officer.
     FAR 52.232-31, Invitation to Propose Financing Terms.
    This provision requires an offeror, when invited to propose terms 
under which the Government will make contract financing payments during 
contract performance under commercial purchases pursuant to FAR part 
12, to include the following: the proposed contractual language 
describing the contract financing; and a listing of the earliest date 
and greatest amount at which each contract financing payment may be 
payable and the amount of each delivery payment.
     FAR 52.232-32, Performance-Based Payments.
    This clause requires the contractor's request for performance-based 
payment to include any information and documentation as required by the 
contract's description of the basis for payment; and a certification by 
a contractor official authorized to bind the contractor.
    The contracting officer uses the collected information to review 
and approve contract financing requests, and establish and administer 
contract financing terms.

C. Common Form

    The General Services Administration is the sponsor agency of this 
common form. All executive agencies covered by the FAR will use this 
common form. Each executive agency will report their agency burden 
separately, and the reported information will be available at 
Reginfo.gov.

D. Annual Burden

General Services Administration

    Respondents: 49.
    Total Annual Responses: 371.
    Total Burden Hours: 742.

E. Public Comment

    A 60-day notice was published in the Federal Register at 88 FR 
39849, on June 20, 2023. No comments were received.
    Obtaining Copies: Requesters may obtain a copy of the information 
collection documents from the GSA Regulatory Secretariat Division by 
calling 202-501-4755 or emailing [email protected]. Please cite OMB 
Control No. 9000-0138, Contract Financing.

Janet Fry,
Director, Federal Acquisition Policy Division, Office of Governmentwide 
Acquisition Policy, Office of Acquisition Policy, Office of 
Governmentwide Policy.
[FR Doc. 2023-18354 Filed 8-24-23; 8:45 am]
BILLING CODE 6820-EP-P