[Federal Register Volume 60, Number 203 (Friday, October 20, 1995)]
[Notices]
[Page 54221]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-26069]



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DEPARTMENT OF DEFENSE
[OMB Control No. 9000-0108]


Request for Public Comments Regarding OMB Clearance Entitled 
Bankruptcy

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 (9000-0108).

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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. This 
OMB clearance currently expires on February 28, 1996.

DATES: Comment Due Date: December 19, 1995.

ADDRESSES: Comments regarding this burden estimate or any other aspect 
of this collection of information, including suggestions for reducing 
this burden, or obtaining a copy of the justification, should be 
submitted to: General Services Administration, FAR Secretariat (VRS), 
18th & F Streets, NW, Room 4037, Washington, DC 20405. Please cite OMB 
Control No. 9000-0108, Bankruptcy, in all correspondence.

FOR FURTHER INFORMATION CONTACT: Ms. Linda Klein, Office of Federal 
Acquisition Policy, GSA (202) 501-3775.

SUPPLEMENTARY INFORMATION:

A. Purpose

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

B. Annual Reporting Burden

    Public reporting burden for this collection of information is 
estimated to average 1 hour per response, including the time for 
reviewing instructions, searching existing data sources, gathering and 
maintaining the data needed, and completing and reviewing the 
collection of information.
    The annual reporting burden is estimated as follows: Respondents, 
1,000; responses per respondent, 1; total annual responses, 1,000; 
preparation hours per response, 1; and total response burden hours, 
1,000.

C. Annual Recordkeeping Burden

    The annual recordkeeping burden is estimated as follows: 
Recordkeepers, 1,000; hours per recordkeeper, .25; and total 
recordkeeping burden hours, 250.

    Dated: October 13, 1995.
Beverly Fayson,
FAR Secretariat.
[FR Doc. 95-26069 Filed 10-19-95; 8:45 am]
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