[Federal Register: May 9, 2005 (Volume 70, Number 88)]
[Notices]               
[Page 24403-24404]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr09my05-50]                         

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DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

[OMB Control No. 9000-0108]

 
Federal Acquisition Regulation; Information Collection; 
Bankruptcy

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 will be submitting to the Office of Management and Budget 
(OMB) a request to review and approve an extension of a currently 
approved information collection requirement concerning bankruptcy. The 
clearance currently expires on June 30, 2005.
    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 July 8, 2005.

ADDRESSES: Submit comments regarding this burden estimate or any other 
aspect of this collection of information, including suggestions for 
reducing this burden to the General Services Administration, FAR 
Secretariat (VIR), 1800 F Street, NW, Room 4035, Washington, DC 20405. 
Please cite OMB Control No.9000-0108, Bankruptcy, in all 
correspondence.

FOR FURTHER INFORMATION CONTACT: Jeritta Parnell, Contract Policy 
Division, GSA (202) 501-4082.

SUPPLEMENTARY INFORMATION:

[[Page 24404]]

A. Purpose

    Under statute, contractors may enter into bankruptcy which may have 
a significant impact on the contractor's ability to perform it's 
Government contract. The Government often does not receive adequate and 
timely notice of this event. The clause at 52.242-13 requires 
contractors to notify the contracting officer within 5 days after the 
contractor enters into bankruptcy.

B. Annual Reporting Burden

    Respondents: 1,000.
    Responses Per Respondent: 1.
    Annual Responses: 1,000.
    Hours Per Response:1.
    Total Burden Hours: 1,000.

C. Annual Recordkeeping Burden

    Recordkeepers: 1,000.
    Hours Per Recordkeeper:.25.
    Total Burden Hours: 250.
    Obtaining Copies of Proposals: Requesters may obtain a copy of the 
information collection documents from the General Services 
Administration, FAR Secretariat (VIR), Room 4035, 1800 F Street, NW, 
Washington, DC 20405, telephone (202) 501-4755. Please cite OMB Control 
No. 9000-0108, Bankruptcy, in all correspondence.

    Dated: April 29, 2005
Julia B. Wise
Director, Contract Policy Division.
[FR Doc. 05-9172 Filed 5-6-05; 8:45 am]