[Federal Register Volume 74, Number 233 (Monday, December 7, 2009)]
[Notices]
[Pages 64085-64086]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-29071]


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DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

[OMB Control No. 9000-0068]


Federal Acquisition Regulation; Submission for OMB Review; 
Economic Price Adjustment

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.

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SUMMARY: Under the provisions of the Paperwork Reduction Act of 1995 
(44 U.S.C. Chapter 35), the 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 economic price adjustment. A request for public 
comments was published in the Federal Register at 74 FR 27025, on June 
5, 2009. No comments were received.
    Public comments are particularly invited on: Whether this 
collection of information is necessary for the proper performance of 
functions of the FAR, and 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 January 6, 2010.

ADDRESSES: Submit comments regarding this burden estimate or any other 
aspect of this collection of information,

[[Page 64086]]

including suggestions for reducing this burden to: FAR Desk Officer, 
OMB, Room 10102, NEOB, Washington, DC 20503, and a copy to the General 
Services Administration, Regulatory Secretariat (MVPR), 1800 F Street, 
NW., Room 4041, Washington, DC 20405, telephone (202) 501-4755.

FOR FURTHER INFORMATION CONTACT: Mr. Warren Blankenship, Procurement 
Analyst, Contract Policy Branch, GSA, at (202) 501-1900 or e-mail 
[email protected].

SUPPLEMENTARY INFORMATION:

A. Purpose

    FAR 16.203, Fixed-price contracts with economic price adjustment, 
and associated clauses at 52.216-2, 52.216-3 and 52.216-4 provide for 
upward and downward revision of the stated contract price upon 
occurrence of specified contingencies. In order for the contracting 
officer to be aware of price changes, the firm must provide pertinent 
information to the Government. The information is used to determine the 
proper amount of price adjustments required under the contract.

B. Annual Reporting Burden

    Respondents: 5,346.
    Responses per Respondent: 1.
    Annual Responses: 5,346.
    Hours per Response: .25.
    Total Burden Hours: 1,337.
    Obtaining Copies of Proposals: Requesters may obtain a copy of the 
information collection documents from the General Services 
Administration, Regulatory Secretariat (MVPR), 1800 F Street, NW., Room 
4041, Washington, DC 20405, telephone (202) 501-4755. Please cite OMB 
Control No. 9000-0068, Economic Price Adjustment, in all 
correspondence.

    Dated: November 19, 2009.
Al Matera,
Director, Acquisition Policy Division.
[FR Doc. E9-29071 Filed 12-4-09; 8:45 am]
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