[Federal Register Volume 59, Number 165 (Friday, August 26, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-21000]


[[Page Unknown]]

[Federal Register: August 26, 1994]


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DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

[OMB Control No. 9000-0034]

 

Clearance Request for Examination of Records by Comptroller 
General/Audit--Negotiation

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 
(9000-0034).

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SUMMARY: Under the provisions of the Paperwork Reduction Act of 1980 
(44 U.S.C. 3501), 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 Examination of Records by Comptroller 
General/Audit--Negotiation.

FOR FURTHER INFORMATION CONTACT:
Beverly Fayson, Office of Federal Acquisition Policy, GSA (202) 501-
4755.

SUPPLEMENTARY INFORMATION: 

A. Purpose

    The Examination of Records by Comptroller General clause and the 
two audit clauses, Audit--Negotiation and Audit--Formal Advertising, 
implement the requirements of 10 U.S.C. 2313, 41 U.S.C. 254, and 10 
U.S.C. 2306. The statutory requirements are that the Comptroller 
General and/or agency shall have access to, and the right to, examine 
certain books, documents and records of the contractor for a period of 
3 years after final payment. The record retention periods required of 
the contractor in the clauses are for compliance with the 
aforementioned statutory requirements. The information must be retained 
so that audits necessary for contract surveillance, verification of 
contract pricing, and reimbursement of contractor costs can be 
performed.

B. Annual Recordkeeping Burden

    The annual recordkeeping burden is estimated as follows: 
Recordkeepers, 19,142; hours per recordkeeper, 3.34; total 
recordkeeping burden hours, 63,934; recordkeeping retention period, 3 
years.

Obtaining Copies of Proposals

    Requester may obtain copies of OMB applications or justifications 
from the General Services Administration, FAR Secretariat (VRS), room 
4037, Washington, DC 20405, telephone (202) 501-4755. Please cite OMB 
Control No. 9000-0034, Examination of Records by Comptroller General/
Audit--Negotiation, in all correspondence.

    Dated: August 12, 1994.
Beverly Fayson,
FAR Secretariat.
[FR Doc. 94-21000 Filed 8-25-94; 8:45 am]
BILLING CODE 6820-34-M