[Federal Register Volume 72, Number 58 (Tuesday, March 27, 2007)]
[Notices]
[Pages 14262-14263]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-5477]


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DEPARTMENT OF DEFENSE

Defense Acquisition Regulations System

[OMB Control Number 0704-0359]


Information Collection Requirement; Defense Federal Acquisition 
Regulation Supplement; Contract Financing

AGENCY: Defense Acquisition Regulations System, Department of Defense 
(DoD).

ACTION: Notice and request for comments regarding a proposed extension 
of an approved information collection requirement.

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SUMMARY: In compliance with Section 3506(c)(2)(A) of the Paperwork 
Reduction Act of 1995 (44 U.S.C.

[[Page 14263]]

Chapter 35), DoD announces the proposed extension of a public 
information collection requirement and seeks public comment on the 
provisions thereof. DoD invites comments on: (a) Whether the proposed 
collection of information is necessary for the proper performance of 
the functions of DoD, including whether the information will have 
practical utility; (b) the accuracy of the estimate of the burden of 
the proposed information collection; (c) ways to enhance the quality, 
utility, and clarity of the information to be collected; and (d) ways 
to minimize the burden of the information collection on respondents, 
including the use of automated collection techniques or other forms of 
information technology. The Office of Management and Budget (OMB) has 
approved this information collection requirement for use through 
December 31, 2007. DoD proposes that OMB extend its approval for use 
for three additional years.

DATES: DoD will consider all comments received by May 29, 2007.

ADDRESSES: You may submit comments, identified by OMB Control Number 
0704-0359, using any of the following methods:
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     E-mail: [email protected]. Include OMB Control Number 0704-
0359 in the subject line of the message.
     Fax: (703) 602-0350.
     Mail: Defense Acquisition Regulations System, Attn: Mr. 
John McPherson, OUSD (AT&L) DPAP (DARS), IMD 3C132, 3062 Defense 
Pentagon, Washington, DC 20301-3062.
     Hand Delivery/Courier: Defense Acquisition Regulations 
System, Crystal Square 4, Suite 200A, 241 18th Street, Arlington, VA 
22202-3402.
    Comments received generally will be posted without change to http://www.regulations.gov, including any personal information provided.

FOR FURTHER INFORMATION CONTACT: Mr. John McPherson, (703) 602-0296. 
The information collection requirements addressed in this notice are 
available on the World Wide Web at: http://www.acq.osd.mil/dpap/dars/dfars/index.htm. Paper copies are available from Mr. John McPherson, 
OUSD (AT&L) DPAP (DARS), IMD 3C132, 3062 Defense Pentagon, Washington, 
DC 20301-3062.

SUPPLEMENTARY INFORMATION:
    Title and OMB Number: Defense Federal Acquisition Regulation 
Supplement (DFARS) Part 232, Contract Financing, and related clause at 
DFARS 252.232-7007, Limitation of Government's Obligation; OMB Control 
Number 0704-0359.
    Needs and Uses: This information collection requires contractors 
that are awarded incrementally funded, fixed-price DoD contracts to 
notify the Government when the work under the contract will, within 90 
days, reach the point at which the amount payable by the Government 
(including any termination costs) approximates 85 percent of the funds 
currently allotted to the contract. This information will be used to 
determine what course of action the Government will take (e.g., allot 
additional funds for continued performance, terminate the contract, or 
terminate certain contract line items).
    Affected Public: Businesses or other for-profit and not-for-profit 
institutions.
    Annual Burden Hours: 800.
    Number of Respondents: 800.
    Responses per Respondent: 1.
    Annual Responses: 800.
    Average Burden per Response: 1 hour.
    Frequency: On occasion.

Summary of Information Collection

    This information collection includes requirements related to 
contract financing and payment in DFARS Part 232, Contract Financing, 
and the related clause at DFARS 252.232-7007, Limitation of 
Government's Obligation. DFARS Subpart 232.7, Contract Funding, limits 
the use of incrementally funded fixed-price contracts to situations 
where (1) the contract is for severable services, does not exceed one 
year in length, and is incrementally funded using funds available as of 
the date the funds are obligated; or (2) the contract uses funds 
available from two or more fiscal years and is funded with research and 
development appropriations, or Congress has otherwise authorized 
incremental funding. The clause at DFARS 252.232-7007 identifies 
procedures for incrementally funding the contract and requires the 
contractor to provide the Government with written notice when the work 
will reach the point at which the amount payable by the Government, 
including any termination costs, approximates 85 percent of the funds 
currently allotted to the contract.

Michele P. Peterson,
Editor, Defense Acquisition Regulations System.
 [FR Doc. E7-5477 Filed 3-26-07; 8:45 am]
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