[Federal Register: June 6, 2002 (Volume 67, Number 109)]
[Notices]               
[Page 38942]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr06jn02-44]                         

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DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

[OMB Control No. 9000-0073]

 
Federal Acquisition Regulation; Submission for OMB Review; 
Advance Payments

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

ACTION: Notice of request for public comments regarding 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 advance payments. A 
request for public comments was published in the Federal Register at 67 
FR 17676 on April 11, 2002. 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 July 8, 2002.

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 (MVP), 1800 F Street, NW, Room 4035, 
Washington, DC 20405.

FOR FURTHER INFORMATION CONTACT: Jeremy F. Olson, Acquisition Policy 
Division, GSA (202) 501-3221.

SUPPLEMENTARY INFORMATION:

A. Purpose

    Advance payments may be authorized under Federal contracts and 
subcontracts. Advance payments are the least preferred method of 
contract financing and require special determinations by the agency 
head or designee. Specific financial information about the contractor 
is required before determinations by the agency head or designee. 
Specific financial information about the contractor is required before 
such payments can be authorized (see FAR 32.4 and 52.232-12). The 
information is used to determine if advance payments should be provided 
to the contractor.

B. Annual Reporting Burden

    Respondents: 500.
    Responses Per Respondent: 1.
    Annual Responses: 500.
    Hours Per Response: 1.
    Total Burden Hours: 500.
    Obtaining Copies of Proposals: Requesters may obtain a copy of the 
information collection documents from the General Services 
Administration, FAR Secretariat (MVP), Room 4035, 1800 F Street, NW, 
Washington, DC 20405, telephone (202) 501-4755. Please cite OMB Control 
No. 9000-0073, Advance Payments, in all correspondence.

    Dated: May 31, 2002.
Al Matera,
Director, Acquisition Policy Division.
[FR Doc. 02-14150 Filed 6-5-02; 8:45 am]
BILLING CODE 6820-EP-P