[Federal Register Volume 61, Number 21 (Wednesday, January 31, 1996)]
[Notices]
[Page 3387]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-1901]



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


Clearance Request Entitled Bankruptcy

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 
(9000-0108).

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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 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 Bankruptcy. A request for 
public comments was published at 60 FR 54221, October 20, 1995. No 
comments were received.

DATES: Comment Due Date: March 1, 1996.

ADDRESSES: Comments regarding this burden estimate or any other aspect 
of this collection of information, including suggestions for reducing 
this burden, should be submitted to: FAR Desk Officer, OMB, Room 10102, 
NEOB, Washington, DC 20503, and a copy to the General Services 
Administration, FAR Secretariat (MVRS), 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.

OBTAINING COPIES OF JUSTIFICATIONS: Requester may obtain copies of 
justifications from the General Services Administration, FAR 
Secretariat (MVRS), Room 4037, Washington, DC 20405, telephone (202) 
501-4755. Please cite OMB Control No. 9000-0108, Bankruptcy, in all 
correspondence.

    Dated: January 26, 1996.
Beverly Fayson,
FAR Secretariat.
[FR Doc. 96-1901 Filed 1-30-96; 8:45 am]
BILLING CODE 6820-EP-M