[Federal Register Volume 61, Number 21 (Wednesday, January 31, 1996)]
[Notices]
[Page 3378]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-1772]



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DEPARTMENT OF DEFENSE
[OMB Control No. 9000-0073]


Request for Public Comments Regarding OMB Clearance Entitled 
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 (9000-0073).

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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 Advance 
Payments. This OMB clearance currently expires on May 31, 1996.

DATES: Comment Due Date: April 1, 1996.

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 (MVRS), 
18th & F Streets, NW., Room 4037, Washington, DC 20405. Please cite OMB 
Control No. 9000-0073, Advance Payments, in all correspondence.

FOR FURTHER INFORMATION CONTACT:
Mr. Jeremy F. Olson, Office of Federal Acquisition Policy, 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

    Public reporting burden for this collection of information is 
estimated to average 1 hour per completion, 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, 
500; responses per respondent, 1; total annual responses, 500; 
preparation hours per response, 1; and total response burden hours, 
500.

    Dated: January 29, 1996.
Beverly Fayson,
FAR Secretariat.
[FR Doc. 96-1772 Filed 1-30-96; 8:45 am]
BILLING CODE 6820-EP-M