[Federal Register Volume 74, Number 107 (Friday, June 5, 2009)]
[Notices]
[Page 27023]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-13119]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF DEFENSE

GENERAL SERICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

[OMB Control No. 9000-0071]


Federal Acquisition Regulation; Information Collection; Price 
Redetermination

Agency: Department of Defense (DOD), General Services Administration 
(GSA), and National Aeronautics and Space Administration (NASA).

ACTION: Notice of request for reinstatement of an information 
collection requirement regarding an existing OMB clearance.

-----------------------------------------------------------------------

SUMMARY: Under the provisions of the Paperwork Reduction Act of 1995 
(44 U.S.C. Chapter 35), the Federal Acquisition Regulation (FAR) 
Regulatory Secretariat will be submitting to the Office of Management 
and Budget (OMB) a request to review and approve a reinstatement of a 
previously approved information collection requirement concerning Price 
Redetermination.
    Public comments are particularly invited on: Whether this 
collection of information is necessary; whether it will have practical 
utility; whether our estimate of the public burden of this collection 
of information is accurate, and based on valid assumptions and 
methodology; ways to enhance the quality, utility, and clarity of the 
information to be collected; and ways in which we can minimize the 
burden of the collection of information on those who are to respond, 
through the use of appropriate technological collection techniques or 
other forms of information technology.

DATES: Submit comments on or before August 4, 2009.

ADDRESSES: Submit comments regarding this burden estimate or any other 
aspect of this collection of information, including suggestions for 
reducing this burden, to: General Services Administration, Regulatory 
Secretariat (VPR), 1800 F Street, NW., Room 4041, Washington, DC 20405. 
Please cite OMB Control No. 9000-0071, Price Redetermination, in all 
correspondence.

FOR FURTHER INFORMATION CONTACT: Mr. Warren Blankenship, Procurement 
Analyst, Contract Policy Division, GSA, (202) 501-1900.

SUPPLEMENTARY INFORMATION: 

A. Purpose

    FAR 16.205, Fixed-price contracts with prospective price 
redetermination, provides for firm fixed prices for an initial period 
of the contract with prospective redetermination at stated times during 
performance. FAR 16.206, Fixed price contracts with retroactive price 
redetermination, provides for a fixed ceiling price and retroactive 
price redetermination within the ceiling after completion of the 
contract. In order for the amounts of price adjustments to be 
determined, the firms performing under these contracts must provide 
information to the Government regarding their expenditures and 
anticipated costs. The information is used to establish fair price 
adjustments to Federal contracts.

B. Annual Reporting Burden

    Respondents: 3,500.
    Responses Per Respondent: 2.
    Annual Responses: 7,000.
    Hours Per Response: 1.
    Total Burden Hours: 7,000.
    Obtaining Copies of Proposals: Requesters may obtain a copy of the 
information collection documents from the General Services 
Administration, Regulatory Secretariat (VPR), 1800 F Street, NW., Room 
4041, Washington, DC 20405, telephone (202) 501-4755. Please cite OMB 
Control No. 9000-0071, Price Redetermination, in all correspondence.

    Dated: June 1, 2009.
Al Matera,
Director, Office of Acquisition Policy.
[FR Doc. E9-13119 Filed 6-4-09; 8:45 am]
BILLING CODE 6820-EP-P