[Federal Register Volume 67, Number 226 (Friday, November 22, 2002)]
[Rules and Regulations]
[Page 70517]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-29089]


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DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

48 CFR Part 4

[FAC 2001-10; FAR Case 2002-016; Item I]
RIN 9000-AJ49


Federal Acquisition Regulation; General Records Schedule

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

ACTION: Final rule.

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SUMMARY: The Civilian Agency Acquisition Council and the Defense 
Acquisition Regulations Council (Councils) have agreed on a final rule 
amending the Federal Acquisition Regulation (FAR) to revise pay 
administration record retention requirements.

DATES: Effective Date: December 23, 2002.

FOR FURTHER INFORMATION CONTACT: The FAR Secretariat, Room 4035, GS 
Building, Washington, DC 20405, (202) 501-4755, for information 
pertaining to status or publication schedules. For clarification of 
content, contact Ms. Linda Nelson, Procurement Analyst, at (202) 501-
1900. Please cite FAC 2001-10, FAR case 2002-016.

SUPPLEMENTARY INFORMATION: 

A. Background

    This final rule amends the FAR to reflect the previous language of 
FAR 4.705-2 exactly as it was written prior to revision of this 
subsection by FAC 97-18, item IV, General Records Schedule (FAR case 
1999-615), published in the Federal Register on June 6, 2000 (65 FR 
36012). It was brought to the attention of the Councils that the prior 
change to FAR 4.705-2 made by FAC 97-18 inadvertently resulted in 
longer record retention periods for contractors and subcontractors.
    For the period from June 6, 2000, through the effective date of 
this final rule, compliance with either the record retention 
requirements contained in this rule or the prior requirements published 
in FAC 97-18 is acceptable.
    This is not a significant regulatory action and, therefore, was not 
subject to review under section 6(b) of Executive Order 12866, 
Regulatory Planning and Review, dated September 30, 1993. This rule is 
not a major rule under 5 U.S.C. 804.

B. Regulatory Flexibility Act

    The Regulatory Flexibility Act does not apply to this rule. This 
final rule does not constitute a significant FAR revision within the 
meaning of FAR 1.501 and Public Law 98-577, and publication for public 
comments is not required. However, the Councils will consider comments 
from small entities concerning the affected FAR part in accordance with 
5 U.S.C. 610. Interested parties must submit such comments separately 
and should cite 5 U.S.C. 601, et seq. (FAC 2001-10, FAR case 2002-016), 
in correspondence.

C. Paperwork Reduction Act

    The Paperwork Reduction Act does not apply because the changes to 
the FAR do not impose information collection requirements that require 
the approval of the Office of Management and Budget under 44 U.S.C. 
3501, et seq.

List of Subjects in 48 CFR Part 4

    Government procurement.

    Dated: November 12, 2002.
Al Matera,
Director, Acquisition Policy Division.

    Therefore, DoD, GSA, and NASA amend 48 CFR part 4 as set forth 
below:

PART 4--ADMINISTRATIVE MATTERS

    1. The authority citation for 48 CFR part 4 continues to read as 
follows:


    Authority: 40 U.S.C. 486(c); 10 U.S.C. chapter 137; and 42 
U.S.C. 2473(c).

    2. Amend section 4.705-2 by revising the section heading and 
paragraph (a) to read as follows:


4.705-2  Pay administration records.

    (a) Payroll sheets, registers, or their equivalent, of salaries and 
wages paid to individual employees for each payroll period; change 
slips; and tax withholding statements: Retain 4 years.
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[FR Doc. 02-29089 Filed 11-21-02; 8:45 am]
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