[Federal Register Volume 61, Number 207 (Thursday, October 24, 1996)]
[Notices]
[Pages 55172-55173]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-27199]


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NATIONAL AERONAUTICS AND SPACE ADMINISTRATION


Notice of Agency Report Forms Under OMB Review

[Notice 96-131]
AGENCY: National Aeronautics and Space Administration (NASA).

ACTION: Notice of agency report forms under OMB review.

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SUMMARY: The National Aeronautics and Space Administration, as part of 
its continuing effort to reduce paperwork and respondent burden, 
invites the general public and other Federal agencies to take this 
opportunity to comment on proposed and/or continuing information 
collections, as

[[Page 55173]]

required by the Paperwork Reduction Act of 1995 (Pub. L. 104-13; 44 
U.S.C. 3506(c)(2)(A)). The NASA Contractor Financial Management 
Reporting System has provided the Agency with essential data for 
project management, budget planning and cost accruals for many years. 
Recent changes to the System eliminated the requirement for the NASA 
Form 533P, performance analysis report, provided for approval of 
exceptions from the standard reporting requirements at NASA Centers, 
rather than Headquarters, extended the period for submission of the 
initial report from 10 to 30 days after authorization to proceed, 
permitted the waiver of NF 533Q reporting for certain contracts where 
NF 533M reporting provides adequate information and eliminated the 
requirement that prime contractors use the NF 533 formats for 
subcontractor reporting. The data required on the reports are to be a 
product of contractors' existing accounting and management systems. The 
estimated annual burden hours reflect the expected impact of these 
changes, as well as comprehensive training on NF 533 reporting 
presented to NASA's contractors over the past two years. Comments 
should address contractors' estimates of hours required to prepare the 
NF 533M and NF 533Q reports.

DATES: Written comments should be received on or before December 23, 
1996.

ADDRESSES: Direct all written comments to Philip T. Smith, National 
Aeronautics and Space Administration, Code BFZ, Washington, DC 20546-
0001. All comments will become a matter of public record and will be 
summarized in NASA's request for Office of Management and Budget (OMB) 
approval.

FOR FURTHER INFORMATION CONTACT:
Bessie B. Berry, NASA Reports Officer, (202) 358-1368.

Reports

    Title: NASA Contractor Financial Management Reports.
    OMB Number: 2700-0003.
    Type of Request: Extension.
    Need and Uses: Contractors must report planned and actual costs on 
NASA Forms 533M/533Q so NASA can plan, monitor, and control program/
project resources, evaluate contractor performance, and accurately 
accrue cost in the accounting system and financial statements.
    Affected Public: Business or other for profit, not-for-profit 
institutions.
    Number of Respondents: 900.
    Responses Per Respondent: 12.
    Annual Responses: 10,800.
    Hours Per Request: 9.
    Annual Burden Hours: 97,200.
    Frequency of Report: Monthly and quarterly.
Russell S. Rice,
Director, IRM Division.
[FR Doc. 96-27199 Filed 10-23-96; 8:45 am]
BILLING CODE 7510-01-M