[Federal Register Volume 81, Number 251 (Friday, December 30, 2016)]
[Notices]
[Pages 96444-96445]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-31757]


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DEPARTMENT OF DEFENSE

Defense Acquisition Regulations System

[Docket Number DARS-2016-0046; 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: DoD announces the proposed extension of a public information 
collection requirement and seeks public comment on the provisions 
thereof. The Office of Management and Budget (OMB) has approved this 
information collection requirement for use through March 31, 2017. DoD 
proposes that OMB extend its approval for an additional three years.

DATES: DoD will consider all comments received by February 28, 2017.

ADDRESSES: You may submit comments, identified by OMB Control Number 
0704-0359, using any of the following methods:
    [cir] Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
    [cir] Email: [email protected]. Include OMB Control Number 0704-
0359 in the subject line of the message.
    [cir] Fax: 571-372-6094.
    [cir] Mail: Defense Acquisition Regulations System, Attn: Mr. Tom 
Ruckdaschel, OUSD(AT&L)DPAP/DARS, Room 3B941, 3060 Defense Pentagon, 
Washington, DC 20301-3060.
    Comments received generally will be posted without change to http://www.regulations.gov, including any personal information provided. To 
confirm receipt of your comment(s), please check www.regulations.gov 
approximately two to three days after submission to verify posting. 
Please allow 30 days for posting of comments submitted by postal mail.

FOR FURTHER INFORMATION CONTACT: Mr. Tom Ruckdaschel, telephone 571-
372-6088. The information collection requirements addresses in this 
notice are available at: http://www.acq.osd.mil/dpap/dars/dfarspgi/current/index.html. Paper copies are available from Mr. Tom 
Ruckdaschel, OUSD (AT&L) DPAP (DARS), Room 3B941, 3060 Defense 
Pentagon, Washington, DC 20301-3060.

SUPPLEMENTARY INFORMATION: In compliance with Section 3506(c)(2)(A) of 
the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35), 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.
    Title and OMB Number: Defense Federal Acquisition Regulation 
Supplement (DFARS) Part 232, Contract Financing and Related Clauses at 
252.232; OMB Control Number 0704-0359.
    Needs and Uses:
     DFARS 252.232-7007, Limitation of Government's Obligation. 
The data submitted by contractors enables contracting officers to 
calculate improved financing opportunities that will provide benefit to 
both industry (prime and subcontractor level) and the taxpayer.
     DFARS 252.232-7012, Performance Based Payments--Whole 
Contract Basis, and 252.232-7013, Performance Based Payments--
Deliverable-Item Basis. Contracting officers use the information 
provided by contractors to create a cash-flow model for use in 
evaluating alternative financing arrangements. The analysis tool 
calculates improved financing opportunities that will provide benefit 
to both industry (prime and subcontractor level) and the taxpayer.
    Affected Public: Businesses or other for-profit and not-for-profit 
institutions.
    Number of Respondents: 1,800.
    Responses per Respondent: 1.
    Annual Responses: 1,800.
    Average Burden per Response: 1 hour.
    Annual Burden Hours: 1,800.
    Frequency: On occasion.

Summary of Information Collection

     DFARS 252.232-7007 is prescribed for use in solicitations 
and resultant incrementally-funded fixed-price contracts. Paragraph (c) 
of the clause requires a written notification from the contractor that: 
(1) States the estimated date when the total amount payable by the 
Government, including any cost for termination for convenience, will 
approximate 85 percent of the total amount then allotted to the 
contract for performance of the applicable items; (2) states an 
estimate of additional funding, if any, needed to continue performance 
of applicable line items up to the next scheduled date for allotment of 
funds, or to a mutually agreed upon substitute date; and (3) advises 
the contracting officer of the estimated amount of additional funds 
that will be required for the timely performance of the items funded 
pursuant to the clause, for a subsequent period as may be specified in 
the allotment schedule, or otherwise agreed to by the parties to the 
contract.
     DFARS 252.232-7012 is prescribed for use at DFARS 
232.1005-70(a). This clause requires contractors to report the 
negotiated value of all previously completed performance-based 
payments; negotiated value of current performance-based payment(s) 
event(s); cumulative negotiated value of performance-based payment(s) 
events completed to date; total costs incurred to date; cumulative 
amount of payments previously requested; and the payment amount 
requested for the current performance based payment.

[[Page 96445]]

     DFARS 252.232-7013 is prescribed for use at 232.1005-
70(b). This clause requires contractors to report the negotiated value 
of current performance-based payment(s) event(s); cumulative negotiated 
value of performance-based payment(s) events completed to date; total 
costs incurred to date; cumulative amount of payments previously 
requested; and the payment amount requested for the current performance 
based payment.

Jennifer L. Hawes,
Editor, Defense Acquisition Regulations System.
[FR Doc. 2016-31757 Filed 12-29-16; 8:45 am]
 BILLING CODE 5001-06-P