[Federal Register: July 11, 2005 (Volume 70, Number 131)]
[Notices]
[Page 39760]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr11jy05-46]
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DEPARTMENT OF DEFENSE
GENERAL SERVICES ADMINISTRATION
NATIONAL AERONAUTICS AND SPACE ADMINISTRATION
[OMB Control No. 9000-0067]
Federal Acquisition Regulation; Submission for OMB Review;
Incentive Contracts
AGENCIES: Department of Defense (DOD), General Services Administration
(GSA), and National Aeronautics and Space Administration (NASA).
ACTION: Notice of request for an extension to an existing OMB
clearance.
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SUMMARY: Under the provisions of the Paperwork Reduction Act of 1995
(44 U.S.C. Chapter 35), the Federal Acquisition Regulation (FAR)
Secretariat has submitted to the Office of Management and Budget (OMB)
a request to review and approve an extension of a currently approved
information collection requirement concerning incentive contracts. A
request for public comments was published at 70 FR 22651, May 2, 2005.
No comments were received. Public comments are particularly invited on:
Whether this collection of information is necessary for the proper
performance of functions of the FAR, and whether it will have practical
utility; whether our estimate of the public burden of this collection
of information is accurate, and based on valid assumptions and
methodology; ways to enhance the quality, utility, and clarity of the
information to be collected; and ways in which we can minimize the
burden of the collection of information on those who are to respond,
through the use of appropriate technological collection techniques or
other forms of information technology.
DATES: Submit comments on or before August 10, 2005.
ADDRESSES: Submit comments regarding this burden estimate or any other
aspect of this collection of information, including suggestions for
reducing this burden to: FAR Desk Officer, OMB, Room 10102, NEOB,
Washington, DC 20503, and a copy to the General Services
Administration, FAR Secretariat (VIR), 1800 F Street, NW, Room 4035,
Washington, DC 20405. Please cite OMB Control No. 9000-0067, Incentive
Contracts, in all correspondence.
FOR FURTHER INFORMATION CONTACT: Jerry Zaffos, Contract Policy
Division, GSA (202) 208-6091.
SUPPLEMENTARY INFORMATION:
A. Purpose
Incentive contracts are normally used when a firm fixed-price
contract is not appropriate and the required supplies or services can
be acquired at lower costs, and sometimes with improved delivery or
technical performance, by relating the amount of profit or fee payable
under the contract to the contractor's performance.
The information required periodically from the contractor, such as
cost of work already performed, estimated costs of further performance
necessary to complete all work, total contract price for supplies or
services accepted by the Government for which final prices have been
established, and estimated costs allocable to supplies or services
accepted by the Government and for which final prices have not been
established, is needed to negotiate the final prices of incentive-
related items and services.
The contracting officer evaluates the information received to
determine the contractor's performance in meeting the incentive target
and the appropriate price revision, if any, for the items or services.
B. Annual Reporting Burden
Respondents: 3,000.
Responses Per Respondent: 1.
Annual Responses: 3,000.
Hours Per Response: 1.
Total Burden Hours: 3,000.
OBTAINING COPIES OF PROPOSALS: Requesters may obtain copies of the
information collection documents from the General Services
Administration, FAR Secretariat (VIR), Room 4035, Washington, DC 20405,
telephone (202) 501-4755. Please cite OMB Control No. 9000-0067,
Incentive Contracts, in all correspondence.
Dated: June 10, 2005.
Julia B. Wise,
Director, Contract Policy Division.
[FR Doc. 05-13526 Filed 7-8-05; 8:45 am]