Submission for OMB Review; Reporting Executive Compensation and First-Tier Subcontract Awards, 65909-65911 [2024-18005]
Download as PDF
Federal Register / Vol. 89, No. 156 / Tuesday, August 13, 2024 / Notices
Comments received are subject to
public disclosure. In general, comments
received will be made available without
change and will not be modified to
remove personal or business
information including confidential,
contact, or other identifying
information. Comments should not
include any information such as
confidential information that would not
be appropriate for public disclosure.
Comments regarding each of these
applications must be received at the
Reserve Bank indicated or the offices of
the Board of Governors, Ann E.
Misback, Secretary of the Board, 20th
Street and Constitution Avenue NW,
Washington, DC 20551–0001, not later
than August 28, 2024.
A. Federal Reserve Bank of Chicago
(Colette A. Fried, Assistant Vice
President) 230 South LaSalle Street,
Chicago, Illinois 60690–1414.
Comments can also be sent
electronically to
Comments.applications@chi.frb.org:
1. Richard D. Anderson, Dahinda,
Illinois, individually and as trustee of
the Mary Jan Anderson Trust,
Galesburg, Illinois; Andrew V.
Anderson, Monument, Colorado; Megan
L. Compton and Wesley J. Anderson,
both of Oneida, Illinios; to form the
Anderson Family Control Group, a
group acting in concert, to acquire
voting shares of Anderson Bancorp, Inc.,
and thereby indirectly acquire voting
shares of Anderson State Bank, both of
Oneida, Illinois.
Board of Governors of the Federal Reserve
System.
Erin Cayce,
Assistant Secretary of the Board.
[FR Doc. 2024–18025 Filed 8–12–24; 8:45 am]
BILLING CODE P
FEDERAL RESERVE SYSTEM
lotter on DSK11XQN23PROD with NOTICES1
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
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 public portions of the
applications listed below, as well as
other related filings required by the
VerDate Sep<11>2014
17:55 Aug 12, 2024
Jkt 262001
Board, if any, are available for
immediate inspection at the Federal
Reserve Bank(s) indicated below and at
the offices of the Board of Governors.
This information may also be obtained
on an expedited basis, upon request, by
contacting the appropriate Federal
Reserve Bank and from the Board’s
Freedom of Information Office at
https://www.federalreserve.gov/foia/
request.htm. Interested persons may
express their views in writing on the
standards enumerated in the BHC Act
(12 U.S.C. 1842(c)).
Comments received are subject to
public disclosure. In general, comments
received will be made available without
change and will not be modified to
remove personal or business
information including confidential,
contact, or other identifying
information. Comments should not
include any information such as
confidential information that would not
be appropriate for public disclosure.
Comments regarding each of these
applications must be received at the
Reserve Bank indicated or the offices of
the Board of Governors, Ann E.
Misback, Secretary of the Board, 20th
Street and Constitution Avenue NW,
Washington, DC 20551–0001, not later
than September 12, 2024.
A. Federal Reserve Bank of Chicago
(Colette A. Fried, Assistant Vice
President) 230 South LaSalle Street,
Chicago, Illinois 60690–1414.
Comments can also be sent
electronically to
Comments.applications@chi.frb.org:
1. Thumb Bancorp., Inc. Employee
Stock Ownership Plan and Thumb
Bancorp, Inc., both of Pigeon, Michigan;
to acquire Freeland State Bank through
a merger with a newly formed
subsidiary, FSB Interim Bank, both of
Freeland, Michigan.
B. Federal Reserve Bank of Kansas
City (Jeffrey Imgarten, Assistant Vice
President) 1 Memorial Drive, Kansas
City, Missouri, 64198–0001. Comments
can also be sent electronically to
KCApplicationComments@kc.frb.org:
1. Banner County Ban Corporation
Employee Stock Ownership Plan and
Trust; to acquire up to 46.81 percent of
the voting shares of Banner County Ban
Corporation, and thereby indirectly
acquire additional voting shares of
Banner Capital Bank, all of Harrisburg,
Nebraska.
Board of Governors of the Federal Reserve
System.
Erin Cayce,
Assistant Secretary of the Board.
[FR Doc. 2024–18026 Filed 8–12–24; 8:45 am]
BILLING CODE P
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65909
DEPARTMENT OF DEFENSE
GENERAL SERVICES
ADMINISTRATION
NATIONAL AERONAUTICS AND
SPACE ADMINISTRATION
[OMB Control No. 9000–0177; Docket No.
2024–0053; Sequence No. 11]
Submission for OMB Review;
Reporting Executive Compensation
and First-Tier Subcontract Awards
Department of Defense (DOD),
General Services Administration (GSA),
and National Aeronautics and Space
Administration (NASA).
ACTION: Notice.
AGENCY:
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 a reinstatement of a
previously approved information
collection regarding reporting executive
compensation and first-tier subcontract
awards.
DATES: Submit comments on or before
September 12, 2024.
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.
FOR FURTHER INFORMATION CONTACT:
Zenaida Delgado, Procurement Analyst,
at telephone 202–969–7207, or
zenaida.delgado@gsa.gov.
SUPPLEMENTARY INFORMATION:
SUMMARY:
A. OMB Control Number, Title, and any
Associated Form(s):
9000–0177, Reporting Executive
Compensation and First-tier Subcontract
Awards.
B. Need and Uses
This clearance covers the information
that contractors must report to the
Federal Subaward Reporting System
(FSRS) to comply with requirements
under the Federal Acquisition
Regulation (FAR) clause at 52.204–10,
Reporting Executive Compensation and
First-Tier Subcontract Awards. OMB
Control No. 3090–0292 covers the
information that nonprocurement
entities must submit to FSRS. The
separate collection for procurement
entity reporting increases clarity and
visibility of the specific FAR reporting
E:\FR\FM\13AUN1.SGM
13AUN1
lotter on DSK11XQN23PROD with NOTICES1
65910
Federal Register / Vol. 89, No. 156 / Tuesday, August 13, 2024 / Notices
requirements. This clearance covers the
following sections of FAR clause
52.204–10:
• FAR 52.204–10(d)(2), First-tier
subcontract information. Contractors
shall report the following information
for their first-tier subcontracts at https://
www.fsrs.gov by the end of the month
following the month of award of a firsttier subcontract valued at or above
$30,000:
(i) Unique entity identifier for the
subcontractor receiving the award and
for the subcontractor’s parent company,
if the subcontractor has a parent
company.
(ii) Name of the subcontractor.
(iii) Amount of the subcontract award.
(iv) Date of the subcontract award.
(v) A description of the products or
services (including construction) being
provided under the subcontract,
including the overall purpose and
expected outcomes or results of the
subcontract.
(vi) Subcontract number (the
subcontract number assigned by the
contractor).
(vii) Subcontractor’s physical address
including street address, city, state, and
country. Also include the nine-digit zip
code and congressional district.
(viii) Subcontractor’s primary
performance location including street
address, city, state, and country. Also
include the nine-digit zip code and
congressional district.
(ix) The prime contract number, and
order number if applicable.
(x) Awarding agency name and code.
(xi) Funding agency name and code.
(xii) Government contracting office
code.
(xiii) Treasury account symbol as
reported in FPDS.
(xiv) The applicable North American
Industry Classification System code.
Contractors shall follow the
instructions at FSRS.gov to report the
data. Contractors may access FSRS with
their Electronic Subcontract Reporting
System (eSRS) user account since access
to FSRS and eSRS is accomplished with
a single account, single log-in. The
burden for the eSRS information
collection is covered under OMB
Control No. 9000–0007, Subcontracting
Plans.
• FAR 52.204–10(d)(3), Executive
compensation of the first-tier
subcontractor.
Contractors shall report the names
and total compensation of each of the
five most highly compensated
executives for their first-tier
subcontractors for that first-tier
subcontractor’s preceding completed
fiscal year at https://www.fsrs.gov, if—
(i) In the subcontractor’s preceding
fiscal year, the subcontractor received—
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17:55 Aug 12, 2024
Jkt 262001
(A) 80 percent or more of its annual
gross revenues from Federal contracts
(and subcontracts), loans, grants (and
subgrants), cooperative agreements, and
other forms of Federal financial
assistance; and
(B) $25,000,000 or more in annual
gross revenues from Federal contracts
(and subcontracts), loans, grants (and
subgrants), cooperative agreements, and
other forms of Federal financial
assistance; and
(ii) The public does not have access
to information about the compensation
of the executives through periodic
reports filed under section 13(a) or 15(d)
of the Securities Exchange Act of 1934
(15 U.S.C. 78m(a), 78o(d)) or section
6104 of the Internal Revenue Code of
1986. (To determine if the public has
access to the compensation information,
see the U.S. Security and Exchange
Commission total compensation filings
at https://www.sec.gov/answers/
execomp.htm.)
FAR 52.204–10(d)(1) requires
contractors to report the names and total
compensation of each of the five most
highly compensated executives for its
preceding completed fiscal year as part
of the contractor’s annual registration
requirement in the System for Award
Management (SAM) (FAR provision
52.204–7). The burden for the SAM
information collection is covered under
OMB Control No. 9000–0189, Certain
Federal Acquisition Regulation Part 4
Requirements.
This collection of information is
required to comply with section 2 of the
Federal Funding Accountability and
Transparency Act of 2006 (Pub. L. 109–
282) (FFATA), as amended by section
6202 of the Government Funding
Transparency Act of 2008 (Pub. L. 110–
252) (31 U.S.C. 6101 note). The statute
required the Office of Management and
Budget to establish a free, public, online
database containing full disclosure of all
Federal contract award information. The
public may view first-tier subcontract
award data at usaspending.gov.
C. Annual Burden
Respondents: 42,231.
Total Annual Responses: 266,169.
Total Burden Hours: 506,617.
D. Public Comment
A 60-day notice was published in the
Federal Register at 89 FR 45894, on
May 24, 2024. Comments were received
from five respondents; however, they
did not change the estimate of the
burden.
Comment: A respondent expressed
support of the collection as beneficial
for the small business community.
PO 00000
Frm 00075
Fmt 4703
Sfmt 4703
Response: The respondents’ input is
appreciated.
Comment: Multiple respondents
opposed the reinstatement of the
information collection citing the
following concerns: the benefits of the
collection do not justify the associated
costs and challenges; the collection of
information is overly intrusive and
unnecessary for the proper performance
of the functions of Federal Government
acquisitions; the data collected is
unlikely to enhance transparency or
accountability in a meaningful way; the
burdensome nature of the reporting
requirements discourage companies
from participating in Federal
contracting, ultimately reducing
competition and innovation; and the
data collected raises significant privacy
concerns, with potential risks of misuse
or exposure of sensitive personal
information.
Response: The OMB clearance for this
collection of information is required to
comply with the Paperwork Reduction
Act. This reinstatement covers the
information that contractors report to
the FSRS to comply with requirements
under the FAR clause at 52.204–10,
Reporting Executive Compensation and
First-Tier Subcontract Awards. FAR
clause 52.204–10 implemented section 2
of the Federal Funding Accountability
and Transparency Act of 2006 (Pub. L.
109–282), as amended by section 6202
of the Government Funding
Transparency Act of 2008 (Pub. L. 110–
252) (31 U.S.C. 6101 note), which
requires contractors to report
subcontract award data and the total
compensation of the five most highly
compensated executives of the
contractor and subcontractor. The
statute required OMB to establish a free,
public, online database containing full
disclosure of all Federal contract award
information. The public may view firsttier subcontract award data at
USASpending.gov. Changes to the
information collected require a change
in the law.
Comment: A respondent expressed
concerns with the burden estimate of
twelve hours per contractor each year
being too low.
Response: The burden to report the
subcontractor award information per
FAR 52.204–10(d)(2) is estimated to
average 2 hours per response for a prime
contractor. The information on a firsttier subcontract covered by paragraph
(d)(2) is reported when the subcontract
is awarded, and further reporting is only
required if one of the reported data
elements changes during the
performance of the subcontract. The
burden to report the subcontractor
executive compensation per FAR
E:\FR\FM\13AUN1.SGM
13AUN1
Federal Register / Vol. 89, No. 156 / Tuesday, August 13, 2024 / Notices
52.204–10(d)(3) is estimated to average
1 hour per response for a prime
contractor. The information on a firsttier subcontract covered by paragraph
(d)(3) is reported when the subcontract
is awarded and annually thereafter if
needed. The aggregate of twelve hours
per contractor per year covers the
reporting variation that firms may
experience.
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
GSARegSec@gsa.gov. Please cite OMB
Control No. 9000–0177, Reporting
Executive Compensation and First-tier
Subcontract Awards.
Janet Fry,
Director, Federal Acquisition Policy Division,
Office of Governmentwide Acquisition Policy,
Office of Acquisition Policy, Office of
Governmentwide Policy.
[FR Doc. 2024–18005 Filed 8–12–24; 8:45 am]
BILLING CODE 6820–EP–P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Agency for Healthcare Research and
Quality
Supplemental Evidence and Data
Request on Environmental, Clinical
and Economic Outcomes of Hospital
Resources To Prevent HospitalAcquired Infections
Agency for Healthcare Research
and Quality (AHRQ), HHS.
ACTION: Request for supplemental
evidence and data submission.
AGENCY:
The Agency for Healthcare
Research and Quality (AHRQ) is seeking
scientific information submissions from
the public. Scientific information is
being solicited to inform our review on
Environmental, Clinical and Economic
Outcomes of Hospital Resources to
Prevent Hospital-Acquired Infections,
which is currently being conducted by
the AHRQ’s Evidence-based Practice
Centers (EPC) Program. Access to
published and unpublished pertinent
scientific information will improve the
quality of this review.
DATES: Submission Deadline on or
before September 12, 2024.
ADDRESSES:
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SUMMARY:
VerDate Sep<11>2014
17:55 Aug 12, 2024
Jkt 262001
Email submissions: epc@
ahrq.hhs.gov.
Print submissions:
Mailing Address: Center for Evidence
and Practice Improvement, Agency for
Healthcare Research and Quality,
ATTN: EPC SEADs Coordinator, 5600
Fishers Lane, Mail Stop 06E53A,
Rockville, MD 20857.
Shipping Address (FedEx, UPS, etc.):
Center for Evidence and Practice
Improvement, Agency for Healthcare
Research and Quality, ATTN: EPC
SEADs Coordinator, 5600 Fishers Lane,
Mail Stop 06E77D, Rockville, MD
20857.
FOR FURTHER INFORMATION CONTACT:
Kelly Carper, Telephone: 301–427–1656
or Email: epc@ahrq.hhs.gov.
SUPPLEMENTARY INFORMATION: The
Agency for Healthcare Research and
Quality has commissioned the
Evidence-based Practice Centers (EPC)
Program to complete a review of the
evidence for Environmental, Clinical
and Economic Outcomes of Hospital
Resources to Prevent Hospital-Acquired
Infections. AHRQ is conducting this
review pursuant to section 902 of the
Public Health Service Act, 42 U.S.C.
299a.
The EPC Program is dedicated to
identifying as many studies as possible
that are relevant to the questions for
each of its reviews. In order to do so, we
are supplementing the usual manual
and electronic database searches of the
literature by requesting information
from the public (e.g., details of studies
conducted). We are looking for studies
that report on Environmental, Clinical
and Economic Outcomes of Hospital
Resources to Prevent Hospital-Acquired
Infections. The entire research protocol
is available online at: https://effective
healthcare.ahrq.gov/products/preventhai/protocol.
This is to notify the public that the
EPC Program would find the following
information on Environmental, Clinical
and Economic Outcomes of Hospital
Resources to Prevent Hospital-Acquired
Infections helpful:
D A list of completed studies that
your organization has sponsored for this
topic. In the list, please indicate
whether results are available on
ClinicalTrials.gov along with the
ClinicalTrials.gov trial number.
D For completed studies that do not
have results on ClinicalTrials.gov, a
summary, including the following
elements, if relevant: study number,
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65911
study period, design, methodology,
indication and diagnosis, proper use
instructions, inclusion and exclusion
criteria, primary and secondary
outcomes, baseline characteristics,
number of patients screened/eligible/
enrolled/lost to follow-up/withdrawn/
analyzed, effectiveness/efficacy, and
safety results.
D A list of ongoing studies that your
organization has sponsored for this
topic. In the list, please provide the
ClinicalTrials.gov trial number or, if the
trial is not registered, the protocol for
the study including, if relevant, a study
number, the study period, design,
methodology, indication and diagnosis,
proper use instructions, inclusion and
exclusion criteria, and primary and
secondary outcomes.
D Description of whether the above
studies constitute ALL Phase II and
above clinical trials sponsored by your
organization for this topic and an index
outlining the relevant information in
each submitted file.
Your contribution is very beneficial to
the Program. Materials submitted must
be publicly available or able to be made
public. Materials that are considered
confidential; marketing materials; study
types not included in the review; or
information on topics not included in
the review cannot be used by the EPC
Program. This is a voluntary request for
information, and all costs for complying
with this request must be borne by the
submitter.
The draft of this review will be posted
on AHRQ’s EPC Program website and
available for public comment for a
period of 4 weeks. If you would like to
be notified when the draft is posted,
please sign up for the email list at:
https://effectivehealthcare.ahrq.gov/
email-updates.
The review will answer the following
questions. This information is provided
as background. AHRQ is not requesting
that the public provide answers to these
questions.
Guiding Questions (GQ)
GQ 1. What healthcare research
examines the health, economic, and
environmental outcomes of reprocessed
reusable devices and items or
reprocessed single-use devices and
items compared with non-reprocessed
single-use devices and items in hospital
settings?
GQ 2. What are key evidence gaps and
opportunities for future research?
E:\FR\FM\13AUN1.SGM
13AUN1
Agencies
[Federal Register Volume 89, Number 156 (Tuesday, August 13, 2024)]
[Notices]
[Pages 65909-65911]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-18005]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF DEFENSE
GENERAL SERVICES ADMINISTRATION
NATIONAL AERONAUTICS AND SPACE ADMINISTRATION
[OMB Control No. 9000-0177; Docket No. 2024-0053; Sequence No. 11]
Submission for OMB Review; Reporting Executive Compensation and
First-Tier Subcontract Awards
AGENCY: Department of Defense (DOD), General Services Administration
(GSA), and National Aeronautics and Space Administration (NASA).
ACTION: Notice.
-----------------------------------------------------------------------
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 a
reinstatement of a previously approved information collection regarding
reporting executive compensation and first-tier subcontract awards.
DATES: Submit comments on or before September 12, 2024.
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.
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):
9000-0177, Reporting Executive Compensation and First-tier
Subcontract Awards.
B. Need and Uses
This clearance covers the information that contractors must report
to the Federal Subaward Reporting System (FSRS) to comply with
requirements under the Federal Acquisition Regulation (FAR) clause at
52.204-10, Reporting Executive Compensation and First-Tier Subcontract
Awards. OMB Control No. 3090-0292 covers the information that
nonprocurement entities must submit to FSRS. The separate collection
for procurement entity reporting increases clarity and visibility of
the specific FAR reporting
[[Page 65910]]
requirements. This clearance covers the following sections of FAR
clause 52.204-10:
FAR 52.204-10(d)(2), First-tier subcontract information.
Contractors shall report the following information for their first-tier
subcontracts at https://www.fsrs.gov by the end of the month following
the month of award of a first-tier subcontract valued at or above
$30,000:
(i) Unique entity identifier for the subcontractor receiving the
award and for the subcontractor's parent company, if the subcontractor
has a parent company.
(ii) Name of the subcontractor.
(iii) Amount of the subcontract award.
(iv) Date of the subcontract award.
(v) A description of the products or services (including
construction) being provided under the subcontract, including the
overall purpose and expected outcomes or results of the subcontract.
(vi) Subcontract number (the subcontract number assigned by the
contractor).
(vii) Subcontractor's physical address including street address,
city, state, and country. Also include the nine-digit zip code and
congressional district.
(viii) Subcontractor's primary performance location including
street address, city, state, and country. Also include the nine-digit
zip code and congressional district.
(ix) The prime contract number, and order number if applicable.
(x) Awarding agency name and code.
(xi) Funding agency name and code.
(xii) Government contracting office code.
(xiii) Treasury account symbol as reported in FPDS.
(xiv) The applicable North American Industry Classification System
code.
Contractors shall follow the instructions at FSRS.gov to report the
data. Contractors may access FSRS with their Electronic Subcontract
Reporting System (eSRS) user account since access to FSRS and eSRS is
accomplished with a single account, single log-in. The burden for the
eSRS information collection is covered under OMB Control No. 9000-0007,
Subcontracting Plans.
FAR 52.204-10(d)(3), Executive compensation of the first-
tier subcontractor.
Contractors shall report the names and total compensation of each
of the five most highly compensated executives for their first-tier
subcontractors for that first-tier subcontractor's preceding completed
fiscal year at https://www.fsrs.gov, if--
(i) In the subcontractor's preceding fiscal year, the subcontractor
received--
(A) 80 percent or more of its annual gross revenues from Federal
contracts (and subcontracts), loans, grants (and subgrants),
cooperative agreements, and other forms of Federal financial
assistance; and
(B) $25,000,000 or more in annual gross revenues from Federal
contracts (and subcontracts), loans, grants (and subgrants),
cooperative agreements, and other forms of Federal financial
assistance; and
(ii) The public does not have access to information about the
compensation of the executives through periodic reports filed under
section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15
U.S.C. 78m(a), 78o(d)) or section 6104 of the Internal Revenue Code of
1986. (To determine if the public has access to the compensation
information, see the U.S. Security and Exchange Commission total
compensation filings at https://www.sec.gov/answers/execomp.htm.)
FAR 52.204-10(d)(1) requires contractors to report the names and
total compensation of each of the five most highly compensated
executives for its preceding completed fiscal year as part of the
contractor's annual registration requirement in the System for Award
Management (SAM) (FAR provision 52.204-7). The burden for the SAM
information collection is covered under OMB Control No. 9000-0189,
Certain Federal Acquisition Regulation Part 4 Requirements.
This collection of information is required to comply with section 2
of the Federal Funding Accountability and Transparency Act of 2006
(Pub. L. 109-282) (FFATA), as amended by section 6202 of the Government
Funding Transparency Act of 2008 (Pub. L. 110-252) (31 U.S.C. 6101
note). The statute required the Office of Management and Budget to
establish a free, public, online database containing full disclosure of
all Federal contract award information. The public may view first-tier
subcontract award data at usaspending.gov.
C. Annual Burden
Respondents: 42,231.
Total Annual Responses: 266,169.
Total Burden Hours: 506,617.
D. Public Comment
A 60-day notice was published in the Federal Register at 89 FR
45894, on May 24, 2024. Comments were received from five respondents;
however, they did not change the estimate of the burden.
Comment: A respondent expressed support of the collection as
beneficial for the small business community.
Response: The respondents' input is appreciated.
Comment: Multiple respondents opposed the reinstatement of the
information collection citing the following concerns: the benefits of
the collection do not justify the associated costs and challenges; the
collection of information is overly intrusive and unnecessary for the
proper performance of the functions of Federal Government acquisitions;
the data collected is unlikely to enhance transparency or
accountability in a meaningful way; the burdensome nature of the
reporting requirements discourage companies from participating in
Federal contracting, ultimately reducing competition and innovation;
and the data collected raises significant privacy concerns, with
potential risks of misuse or exposure of sensitive personal
information.
Response: The OMB clearance for this collection of information is
required to comply with the Paperwork Reduction Act. This reinstatement
covers the information that contractors report to the FSRS to comply
with requirements under the FAR clause at 52.204-10, Reporting
Executive Compensation and First-Tier Subcontract Awards. FAR clause
52.204-10 implemented section 2 of the Federal Funding Accountability
and Transparency Act of 2006 (Pub. L. 109-282), as amended by section
6202 of the Government Funding Transparency Act of 2008 (Pub. L. 110-
252) (31 U.S.C. 6101 note), which requires contractors to report
subcontract award data and the total compensation of the five most
highly compensated executives of the contractor and subcontractor. The
statute required OMB to establish a free, public, online database
containing full disclosure of all Federal contract award information.
The public may view first-tier subcontract award data at
USASpending.gov. Changes to the information collected require a change
in the law.
Comment: A respondent expressed concerns with the burden estimate
of twelve hours per contractor each year being too low.
Response: The burden to report the subcontractor award information
per FAR 52.204-10(d)(2) is estimated to average 2 hours per response
for a prime contractor. The information on a first-tier subcontract
covered by paragraph (d)(2) is reported when the subcontract is
awarded, and further reporting is only required if one of the reported
data elements changes during the performance of the subcontract. The
burden to report the subcontractor executive compensation per FAR
[[Page 65911]]
52.204-10(d)(3) is estimated to average 1 hour per response for a prime
contractor. The information on a first-tier subcontract covered by
paragraph (d)(3) is reported when the subcontract is awarded and
annually thereafter if needed. The aggregate of twelve hours per
contractor per year covers the reporting variation that firms may
experience.
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. 9000-0177, Reporting Executive Compensation and First-tier
Subcontract Awards.
Janet Fry,
Director, Federal Acquisition Policy Division, Office of Governmentwide
Acquisition Policy, Office of Acquisition Policy, Office of
Governmentwide Policy.
[FR Doc. 2024-18005 Filed 8-12-24; 8:45 am]
BILLING CODE 6820-EP-P