View Information Collection Request (ICR) Package

OMB Control No: 9000-0073	ICR Reference No: 202504-9000-004
Status: Active	Previous ICR Reference No: 202203-9000-002
Agency/Subagency: FAR	Agency Tracking No:
Title: Certain Federal Acquisition Regulation Part 32 Requirements - FAR Sections Affected: 32.408(b), 52.232-1 through 52.232-7, 52.232-10, 52.232-12, 52.232-20, 52.232-22, 52.232-27, 52.232-33, 52.232-34
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 07/08/2025
Retrieve Notice of Action (NOA)	Date Received in OIRA: 05/27/2025
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	07/31/2028	36 Months From Approved	07/31/2025
Responses	1,789,889	0	1,817,432
Time Burden (Hours)	462,858	0	471,947
Cost Burden (Dollars)	33,325,848	0	27,844,810

Abstract: FAR 32.408, Application for advance payments. In accordance with FAR 32.408(b), contractors requesting advance payments must submit their request in writing to the contracting officer and provide the following information: ● A reference to the contract if the request concerns an existing contract, or a reference to the solicitation if the request concerns a proposed contract. ● A cash flow forecast showing estimated disbursements and receipts for the period of contract performance. ● The proposed total amount of advance payments. ● The name and address of the financial institution at which the contractor expects to establish a special account as depository for the advance payments. ● A description of the contractor's efforts to obtain unguaranteed private financing or a V-loan under eligible contracts. FAR 52.232-1 through 52.232-4, 52.232-6, 52.232-7, and 52.232-10 - Payments. This clause requires the contractor's request for progress payments to include substantiation. FAR 52.232-12, Advance Payments. For authority behind this clause, see the authority for advance payments cited in the narrative above for FAR 32.408. If advance payments are authorized, this clause requires contractors to submit the following: ● Per paragraph (g) - The financial institution agreement, in the form prescribed by the administering office, establishing the special account, and clearly setting forth the special character of the account and the responsibilities of the financial institution under the account. ● Per paragraph (i)(3) – Notification of a lien in favor of the Government to a third person receiving any items or materials on which the Government has a lien, and a receipt from that third person acknowledging the existence of the lien. Contractors are also required to provide a copy of each receipt to the contracting officer. ● Per paragraph (m) – (1) Monthly, signed or certified balance sheets and profit and loss statements together with a report on the operation of the special account in the form prescribed by the administering office; and (2) If requested, other information concerning the operation of the contractor's business. (This same requirement is at paragraph (j) of the clause with its Alternate V.) FAR 52.232-20 and 52.232-22 - Limitation of Costs or Funds. FAR clause 52.232-20, Limitation of Cost, requires the contractor to notify the contracting officer in writing whenever it has reason to believe that - ● The costs the contractors expect to incur under the contract in the next 60 days, when added to all costs previously incurred, will exceed 75 percent of the estimated cost of the contracts; or ● The total cost for the performance of the contract will be greater or substantially less than estimated. FAR clause 52.232-22, Limitation of Funds, requires the contractor to notify the contracting officer in writing whenever it has reason to believe that the costs it expects to incur under the contract in the next 60 days, when added to all costs previously incurred, will exceed 75 percent of (1) the total amount so far allotted to the contract by the Government or, (2) if this is a cost-sharing contract, the amount then allotted to the contract by the Government plus the contractor's corresponding share. FAR 52.232-27, Prompt Payment for Construction Contracts. The authority for this FAR clause is the OMB prompt payment regulations at 5 CFR Part 1315, which in turn implements the Prompt Payment statute. FAR 52.232-33, Payment by Electronic Funds Transfer—System for Award Management. FAR clause 52.232-33 requires contractors to provide updated EFT information in the System for Award Management (SAM) if their information changes. FAR 52.232-34, Payment by Electronic Funds Transfer—Other than System for Award Management. This clause requires contractors to provide information to enable the Government to make payments under the contract by EFT.

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:
	90 FR 11979	03/13/2025
30-day Notice:	Federal Register Citation:	Citation Date:
	90 FR 22291	05/27/2025
Did the Agency receive public comments on this ICR? Yes

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	1,789,889	1,817,432	-27,543
Annual Time Burden (Hours)	462,858	471,947	-9,089
Annual Cost Burden (Dollars)	33,325,848	27,844,810	5,481,038

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Miscellaneous Actions

Short Statement: This extension includes adjustments to the public and Government burden estimates based on the following: ○ The estimated number of respondents and responses per year is based on the average of FPDS data for the three most recent fiscal years (2022 through 2024). The use of more recent data resulted in changes to the number of respondents and average contracts per respondent for the individual burden estimates, which in turn resulted in the reduction to the total annual public burden hours. The parameters for data pulled from FPDS for each clause are— ■ consistent with the prescription for each clause, and ■ identical to the parameters used for the previous extension, which used fiscal years 2019 through 2021 FPDS data. ○ The estimated cost per hour is based on use of the calendar year 2025 OPM GS wage rate for the rest of the United States.

Annual Cost to Federal Government: $29,465,014

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

View ICR - OIRA Conclusion