[Federal Register Volume 84, Number 82 (Monday, April 29, 2019)]
[Notices]
[Pages 18038-18039]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-08541]
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DEPARTMENT OF DEFENSE
GENERAL SERVICES ADMINISTRATION
NATIONAL AERONAUTICS AND SPACE ADMINISTRATION
[OMB Control No. 9000-0071; Docket No. 2019-0003; Sequence No. 1]
Information Collection; Price Redetermination
AGENCY: Department of Defense (DOD), General Services Administration
(GSA), and National Aeronautics and Space Administration (NASA).
ACTION: Notice and request for comments.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995 and the
Office of Management and Budget (OMB) regulations, the FAR Council
invites the public to comment upon a revision and renewal concerning
price redetermination.
DATES: Submit comments on or before June 28, 2019.
ADDRESSES: The FAR Council invites interested persons to submit
comments on this collection by either of the following methods:
Federal eRulemaking Portal: This website provides the
ability to type short comments directly into the comment field or
attach a file for lengthier comments. Go to http://www.regulations.gov
and follow the instructions on the site.
Mail: General Services Administration, Regulatory
Secretariat Division (MVCB), 1800 F Street NW, Washington, DC 20405.
ATTN: Ms. Mandell/IC 9000-0071, Price Redetermination.
Instructions: All items submitted must cite Information Collection
9000-0071, Price Redetermination, in all correspondence related to this
collection. Comments received generally will be posted without change
to http://www.regulations.gov, including any personal and/or business
confidential information provided. To confirm receipt of your
comment(s), please check www.regulations.gov, approximately two to
three days after submission to verify posting (except allow 30 days for
posting of comments submitted by mail).
FOR FURTHER INFORMATION CONTACT: Mr. Curtis E. Glover, Sr., Procurement
Analyst, Office of Government-wide Acquisition Policy, GSA, 202-501-
1448, or email [email protected].
SUPPLEMENTARY INFORMATION:
[[Page 18039]]
A. Solicitation of Public Comment
Written comments and suggestions from the public should address one
or more of the following four points:
(1) Evaluate whether the collection of information is necessary for
the proper performance of the functions of the agency, including
whether the information will have practical utility;
(2) Evaluate the accuracy of the agency's estimate of the burden of
the proposed collection of information, including the validity of the
methodology and assumptions used;
(3) Enhance the quality, utility, and clarity of the information to
be collected; and
(4) Minimize the burden of the collection of information on those
who are to respond, including through the use of appropriate automated,
electronic, mechanical, or other technological collection techniques or
other forms of information technology, e.g., permitting electronic
submission of responses.
B. Purpose
FAR 16.205, Fixed-price contracts with prospective price
redetermination, provides for firm fixed prices for an initial period
of the contract and prospective redetermination of the price, at stated
times during performance, during subsequent periods of performance.
Prospective price redetermination is used in negotiated contracts when
it is possible to establish a firm fixed price for an initial period,
but not for subsequent periods of contract performance. FAR clause
52.216-5, Price Redetermination-Prospective, is included in these
solicitations and contracts and requires a contractor to submit to the
Government--
Within an agreed upon timeframe, (1) proposed prices for
the upcoming contract period, (2) a statement of costs incurred for the
most recent period of performance, and (3) any supporting or relevant
documentation; and,
During periods where firm prices have not been
established, a quarterly statement that includes a breakdown of total
contract prices, costs, and profit incurred and all invoices accepted
for delivered items or services for which final prices have not been
established.
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. Retroactive price redetermination is used in research and
development contracts valued at $150,000 or less when a firm fixed
price cannot be negotiated and the contract amount and short
performance period make the use of any other fixed-price contract type
impracticable. FAR clause 52.216-6, Price Redetermination--Retroactive,
is included in these solicitations and contracts and requires
contractors to submit to the Government--
Within an agreed upon timeframe after completion of the
contract, (1) the proposed prices, (2) all costs incurred in performing
the contract, and (3) any supporting or relevant documentation; and,
Until final price redetermination has been completed, a
quarterly statement that includes a breakdown of total contract prices,
costs, and interim profit incurred and all invoices accepted for
delivered items.
Contracting officers use the information submitted by respondents
to accurately determine the price adjustments to be made under the
contract or order in accordance with the clause.
C. Annual Reporting Burden
Respondents: 33.
Responses per Respondent: 7.
Annual Responses: 232.
Hours per Response: 8.
Total Burden Hours: 1,856.
Affected Public: Business or other for-profit entities.
Obtaining Copies of Proposals: Requesters may obtain a copy of the
information collection documents from the General Services
Administration, Regulatory Secretariat Division (MVCB), 1800 F Street
NW, Washington, DC 20405, telephone 202-501-4755. Please cite OMB
Control No. 9000-0071, Price Redetermination, in all correspondence.
Dated: April 23, 2019.
Janet Fry,
Director, Federal Acquisition Policy Division, Office of Governmentwide
Acquisition Policy, Office of Acquisition Policy, Office of
Governmentwide Policy.
[FR Doc. 2019-08541 Filed 4-26-19; 8:45 am]
BILLING CODE 6820-EP-P