[Federal Register Volume 62, Number 88 (Wednesday, May 7, 1997)]
[Notices]
[Pages 24927-24928]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-11838]


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FEDERAL RESERVE SYSTEM


Agency Information Collection Activities: Proposed Collection; 
Comment Request

AGENCY: Board of Governors of the Federal Reserve System
ACTION: Notice

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Background:

    On June 15, 1984, the Office of Management and Budget (OMB) 
delegated to the Board of Governors of the Federal Reserve System 
(Board) its approval authority under the Paperwork Reduction Act, as 
per 5 CFR 1320.16, to approve of and assign OMB control numbers to 
collection of information requests and requirements conducted or 
sponsored by the Board under conditions set forth in 5 CFR 1320 
Appendix A.1. The Federal Reserve may not conduct or sponsor, and the 
respondent is not required to respond to, an information collection 
that has been extended, revised, or implemented on or after October 1, 
1995, unless it displays a currently valid OMB control number. Board-
approved collections of information will be incorporated into the 
official OMB inventory of currently approved collections of 
information. A copy of the OMB 83-I and supporting statement and the 
approved collection of information instrument will be placed into OMB's 
public docket files. The following information collection, which is 
being handled under this delegated authority, has received initial 
Board approval and is hereby published for comment. At the end of the 
comment period, the proposed information collection, along with an 
analysis of comments and recommendations received, will be submitted to 
the Board for final approval under OMB delegated authority. Comments 
are invited on the following:
    a. Whether the collection of information is necessary for the 
proper performance of the Federal Reserve's functions; including 
whether the information has practical utility;
    b. The accuracy of the Federal Reserve's estimate of the burden of 
the information collection, including the validity of the methodology 
and assumptions used;
    c. Ways to enhance the quality, utility, and clarity of the 
information to be collected; and
    d. Ways to minimize the burden of information collection on 
respondents, including through the use of automated collection 
techniques or other forms of information technology.
DATES: Comments must be submitted on or before July 7, 1997.
ADDRESSES: Comments, which should refer to the OMB control number or 
agency form number, should be addressed to William W. Wiles, Secretary, 
Board of Governors of the Federal Reserve System, 20th and C Streets, 
N.W., Washington, DC 20551, or

[[Page 24928]]

delivered to the Board's mail room between 8:45 a.m. and 5:15 p.m., and 
to the security control room outside of those hours. Both the mail room 
and the security control room are accessible from the courtyard 
entrance on 20th Street between Constitution Avenue and C Street, N.W. 
Comments received may be inspected in room M-P-500 between 9:00 a.m. 
and 5:00 p.m., except as provided in section 261.8 of the Board's Rules 
Regarding Availability of Information, 12 CFR 261.8(a).
    A copy of the comments may also be submitted to the OMB desk 
officer for the Board: Alexander T. Hunt, Office of Information and 
Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, Room 3208, Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT: A copy of the information collection, 
the Paperwork Reduction Act Submission (OMB 83-I), supporting 
statement, and other documents that will be placed into OMB's public 
docket files once approved may be requested from the agency clearance 
officer, whose name appears below.
    Mary M. McLaughlin, Chief, Financial Reports Section (202-452-
3829), Division of Research and Statistics, Board of Governors of the 
Federal Reserve System, Washington, DC 20551. Telecommunications Device 
for the Deaf (TDD) users may contact Diane Jenkins (202-452-3544), 
Board of Governors of the Federal Reserve System, Washington, DC 20551.
    Proposal to approve under OMB delegated authority the extension for 
three years, without revision, of the following report:
    1. Report title: Request for Proposal (RFP); Request for Price 
Quotations (RFPQ)
Frequency: on occasion
Reporters: vendors and suppliers
Annual reporting hours: 7,610
Estimated average hours per response: 20.0 (RFP); 0.5 (RFPQ)
Number of respondents: 248 (RFP); 5,300 (RFPQ)
Small businesses are affected.
    General description of report: This information collection is 
required to obtain or retain a benefit (12 U.S.C. sections 243, 244, 
and 248) and is not given confidential treatment unless a respondent 
requests that portions of the information be kept confidential and the 
Board grants the request pursuant to the applicable exemptions provided 
by the Freedom of Information Act (5 U.S.C. section 552).
    Abstract: The Federal Reserve Board uses the RFP and the RFPQ as 
needed to obtain competitive proposals and contracts from approved 
vendors of goods and services. Depending upon the goods and services 
for which the Federal Reserve Board is seeking competitive bids, the 
respondent is requested to provide either prices for providing the 
goods or services (RFPQ) or a document covering not only prices, but 
also the means of performing a particular service and a description of 
the qualification of the staff who will perform the service (RFP). The 
Board staff uses this information to analyze the proposals and to 
select the best offer.
    Board of Governors of the Federal Reserve System, May 2, 1997.
William W. Wiles,
Secretary of the Board.
[FR Doc. 97-11838 Filed 5-6-97; 8:45AM]
Billing Code 6210-01-F