View RCF - OIRA Conclusion

Title: Prospective Subcontractor Requests for Bonds

Type of RCF: RCF New
OIRA Conclusion Action: Approved without change	Conclusion Date: 06/03/2024
Retrieve Notice of Action (NOA)	Date Received in OIRA: 05/06/2024
Terms of Clearance:

Description of Agency Usage: FAR 52.228-12, Prospective Subcontractor Requests for Bonds, requires prime contractors to promptly provide a copy of a payment bond upon request of a prospective subcontractor or supplier offering to furnish labor or material under a construction contract for which a payment bond has been furnished to the Government pursuant to 40 U.S.C. chapter 31. Payment bonds (in conjunction with performance bonds) are used to secure the contractor's obligations thereby assuring that payments are made to subcontractors and vendors under the contract. Contracting officers will use information on payment bonds to determine whether to engage in business with the prime contractor.

Authorizing Statute(s): None

Annual Cost to Federal Government:
Agency Contact: LaWanda Morton-Chunn 202 366-2267 lawanda.morton-chunn@dot.gov

Common Form Information Collections (IC) in this RCF:

IC Title	Status	Responses	Hours	Dollars	Document Type	Form No.	Form Name
Prospective Subcontractor Requests for Bonds; FAR 52.228-12		440	150	10,037	Instruction

RCF Summary of Burden:

	Total Approved	Change Due to Agency Discretion
Annual Number of Responses	440	440
Annual Time Burden (Hours)	150	150
Annual Cost Burden (Dollars)	10,037	10,037

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: No

Burden Reduction Due to:

Short Statement: OMB approved CFIC