[Federal Register: June 5, 2009 (Volume 74, Number 107)]
[Notices]               
[Page 27025-27026]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr05jn09-50]                         

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DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

[OMB Control No. 9000-0068]

 
Federal Acquisition Regulation; Information Collection; Economic 
Price Adjustment

AGENCIES: Department of Defense (DOD), General Services Administration 
(GSA),

[[Page 27026]]

and National Aeronautics and Space Administration (NASA).

ACTION: Notice of request for reinstatement of an information 
collection requirement regarding 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) 
Regulatory Secretariat will be submitting to the Office of Management 
and Budget (OMB) a request to review and approve a reinstatement of a 
previously approved information collection requirement concerning 
Economic Price Adjustment.
    Public comments are particularly invited on: Whether this 
collection of information is necessary; 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 4, 2009.

ADDRESSES: Submit comments regarding this burden estimate or any other 
aspect of this collection of information, including suggestions for 
reducing this burden, to: General Services Administration, Regulatory 
Secretariat (VPR), 1800 F Street, NW., Room 4041, Washington, DC 20405, 
telephone (202) 501-4755. Please cite OMB Control No. 9000-0068, 
Economic Price Adjustment, in all correspondence.

FOR FURTHER INFORMATION CONTACT: Mr. Warren Blankenship, Procurement 
Analyst, Contract Policy Division, GSA, (202) 501-1900.

SUPPLEMENTARY INFORMATION:

A. Purpose

    FAR 16.203, Fixed-price contracts with economic price adjustment, 
and associated clauses at 52.216-2, 52.216-3 and 52.216-4 provide for 
upward and downward revision of the stated contract price upon 
occurrence of specified contingencies. In order for the contracting 
officer to be aware of price changes, the firm must provide pertinent 
information to the Government. The information is used to determine the 
proper amount of price adjustments required under the contract.

B. Annual Reporting Burden

    Respondents: 5,346
    Responses Per Respondent: 1.
    Annual Responses: 5,346.
    Hours Per Response: .25.
    Total Burden Hours: 1,337.
    Obtaining Copies of Proposals:

Requesters may obtain a copy of the information collection documents 
from the General Services Administration, Regulatory Secretariat (VPR), 
1800 F Street, NW., Room 4041, Washington, DC 20405, telephone (202) 
501-4755. Please cite OMB Control No. 9000-0068, Economic Price 
Adjustment, in all correspondence.

    Dated: June 1, 2009.
Al Matera,
Director, Office of Acquisition Policy.
[FR Doc. E9-13123 Filed 6-4-09; 8:45 am]

BILLING CODE 6820-EP-P