[Federal Register Volume 61, Number 68 (Monday, April 8, 1996)]
[Notices]
[Pages 15471-15472]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-8608]



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DEPARTMENT OF DEFENSE
[OMB Control No. 9000-0074]


Submission for OMB Review; Comment Request Entitled Limitation of 
Costs/Funds

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 
(9000-0074).

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SUMMARY: Under the provisions of the Paperwork Reduction Act of 1980 
(44 U.S.C. 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 Limitation of Costs/Funds. A request 
for public comments was published at 61 FR 3378, January 31, 1996. No 
comments were received.

DATES: Comment Due Date: May 8, 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 and F Streets NW., Room 
4037, Washington, DC 20405. Please cite OMB Control No. 9000-0074, 
Limitation of Costs/Funds, in all correspondence.

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

SUPPLEMENTARY INFORMATION: 

A. Purpose

    Firms performing under Federal cost-reimbursement contracts are 
required to notify the contracting officer in writing whenever they 
have reason to believe--
    (1) The costs the contractors expect to incur under the contracts 
in the next 60 days, when added to all costs previously incurred, will 
exceed 75 percent of the estimated cost of the contracts; or
    (2) The total cost for the performance of the contracts will be 
greater or substantially less than estimated. As a part of the 
notification, the contractors must provide a revised estimate of total 
cost.

B. Annual Reporting Burden

    Public reporting burden for this collection of information is 
estimated to average 30 minutes 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, 
63,456; responses per respondent, 1; total annual responses, 63,456; 
preparation hours per response, 0.5; and total response burden hours, 
31,728.

obtaining copies of proposals: 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. 9000-0074, Limitation of Costs/
Funds, in all correspondence.


[[Page 15472]]

    Dated: April 2, 1996.
Beverly Fayson,
FAR Secretariat.
[FR Doc. 96-8608 Filed 4-5-96; 8:45 am]
BILLING CODE 6820-EP-M