View Information Collection Request (ICR) Package
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Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.
View ICR - OIRA Conclusion
OMB Control No:
9000-0138
ICR Reference No:
202011-9000-005
Status:
Historical Active
Previous ICR Reference No:
201703-9000-002
Agency/Subagency:
FAR
Agency Tracking No:
Title:
Contract Financing--FAR sections affected: 52.232-28; 52.232-29; 52.232-30; 52.232-31; and 52.232-32
Type of Information Collection:
Revision of a currently approved collection
Common Form ICR:
Yes
Type of Review Request:
Regular
OIRA Conclusion Action:
Approved without change
Conclusion Date:
01/26/2021
Retrieve Notice of Action (NOA)
Date Received in OIRA:
11/25/2020
Terms of Clearance:
Inventory as of this Action
Requested
Previously Approved
Expiration Date
01/31/2024
36 Months From Approved
01/31/2021
Responses
506
0
11,000
Time Burden (Hours)
1,012
0
22,000
Cost Burden (Dollars)
57,684
0
1,012,000
Abstract:
The coverage enables the Government to provide financing to assist in the performance of contracts for commercial items and provide financing for non-commercial items based on contractor performance.
Authorizing Statute(s):
None
Citations for New Statutory Requirements:
None
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
Not associated with rulemaking
Federal Register Notices & Comments
60-day Notice:
Federal Register Citation:
Citation Date:
85 FR 58058
09/17/2020
30-day Notice:
Federal Register Citation:
Citation Date:
85 FR 74722
11/23/2020
Did the Agency receive public comments on this ICR?
No
Number of Information Collection (IC) in this ICR:
2
IC Title
Form No.
Form Name
Commercial Financing
Performance Based Payments
ICR Summary of Burden
Total Approved
Previously Approved
Change Due to New Statute
Change Due to Agency Discretion
Change Due to Adjustment in Estimate
Change Due to Potential Violation of the PRA
Annual Number of Responses
506
11,000
0
-10,494
0
0
Annual Time Burden (Hours)
1,012
22,000
0
-20,988
0
0
Annual Cost Burden (Dollars)
57,684
1,012,000
0
-954,316
0
0
Burden increases because of Program Change due to Agency Discretion:
Yes
Burden Increase Due to:
Miscellaneous Actions
Burden decreases because of Program Change due to Agency Discretion:
Yes
Burden Reduction Due to:
Miscellaneous Actions
Short Statement:
The decrease in the number of responses from 11,000 to 506 and the associated decrease in estimated burden hours from 22,000 to 1,012 are because the reported burden- a) Accounts only for GSA. This information collection is being converted into a common form. All executive agencies covered by the FAR will use this common form, and report their agency burden separately; b) Was adjusted using the most current data available; c) Is based on a methodology that better reflects the FAR policy on using contract financing payments for commercial contracts (per FAR 32.202-1(b)), and performance-based contract financing payments for other than commercial contracts (per FAR 32.104(d), 32.1000, 32.1001(e), and 32.1003(b)); and d) The number of new contracts (including task and delivery orders) using FAR part 12 commercial item procedures.
Annual Cost to Federal Government:
$57,684
Does this IC contain surveys, censuses, or employ statistical methods?
No
Does this ICR request any personally identifiable information (see
OMB Circular No. A-130
for an explanation of this term)? Please consult with your agency's privacy program when making this determination.
No
Does this ICR include a form that requires a Privacy Act Statement (see
5 U.S.C. §552a(e)(3)
)? Please consult with your agency's privacy program when making this determination.
No
Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]?
No
Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]?
No
Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)?
No
Is this ICR related to the Pandemic Response?
No
Agency Contact:
Camara Francis 202 550-0935 camara.francis@gsa.gov
Common Form ICR:
Yes
Description/Changes for Common Form Usage:
This information collection is being converted into a common form. GSA is the sponsor agency of this common form. All executive agencies covered by the FAR will use this common form, and report their agency burden separately
Approved RCFs using this ICR
Agency/Sub Agency
RCF ID
RCF Title
RCF Status
IC Title
VA
202103-2900-001CF
Contract Financing
Active
Commercial Financing, Performance Based Payments
AID
202102-0412-003CF
CONTRACT FINANCING
Active
Commercial Financing, Performance Based Payments
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(a) It is necessary for the proper performance of agency functions;
(b) It avoids unnecessary duplication;
(c) It reduces burden on small entities;
(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
(f) It indicates the retention periods for recordkeeping requirements;
(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
(i) It uses effective and efficient statistical survey methodology (if applicable); and
(j) It makes appropriate use of information technology.
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Certification Date:
11/25/2020
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