[Federal Register Volume 84, Number 149 (Friday, August 2, 2019)]
[Notices]
[Page 37873]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-16498]


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DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

[OMB Control No. 9000-0068; Docket No. 2019-0003; Sequence No. 10]


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.

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SUMMARY: Under the provisions of the Paperwork Reduction Act, the 
Regulatory Secretariat Division has submitted to the Office of 
Management and Budget (OMB) a request to review and approve a revision 
of a previously approved information collection requirement regarding 
economic price adjustments on fixed-price contracts.

DATES: Submit comments on or before September 3, 2019.

ADDRESSES: Submit comments regarding this burden estimate or any other 
aspect of this collection of information, including suggestions for 
reducing this burden to: Office of Information and Regulatory Affairs 
of OMB, Attention: Desk Officer for GSA, Room 10236, NEOB, Washington, 
DC 20503. Additionally submit a copy to GSA by any 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 9000-0068, Economic Price Adjustment.
    Instructions: Please submit comments only and cite Information 
Collection 9000-0068, Economic Price Adjustment, 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. Michael O. Jackson, Procurement 
Analyst, Office of Governmentwide Acquisition Policy, GSA, 202-208-4949 
or email [email protected].

SUPPLEMENTARY INFORMATION:

A. OMB Number, Title, and Any Associated Form(s)

    9000-0068, Economic Price Adjustment.

B. Needs and Uses

    The FAR clause 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.

C. Annual Reporting Burden

    Respondents: 3,550.
    Total Annual Responses: 759,700.
    Total Burden Hours: 1,139,550.

D. Public Comment

    A 60-day notice published in the Federal Register at 84 FR. No 
comments were received.
    Obtaining Copies: 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-
0068, Economic Price Adjustment, in all correspondence.

    Dated: July 29, 2019.
Janet Fry,
Director, Federal Acquisition Policy Division, Office of Governmentwide 
Acquisition Policy, Office of Acquisition Policy, Office of 
Governmentwide Policy.
[FR Doc. 2019-16498 Filed 8-1-19; 8:45 am]
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