[Federal Register Volume 85, Number 226 (Monday, November 23, 2020)]
[Notices]
[Pages 74722-74723]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-25796]


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DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

[OMB Control No. 9000-0138; Docket No. 2020-0053; Sequence No. 9]


Submission for OMB Review; Contract Financing

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 
and renewal of a previously approved information collection requirement 
regarding contract financing.

DATES: Submit comments on or before December 23, 2020.

ADDRESSES: Written comments and recommendations for this information 
collection should be sent within 30 days of publication of this notice 
to www.reginfo.gov/public/do/PRAMain. Find this particular information 
collection by selecting ``Currently under Review--Open for Public 
Comments'' or by using the search function.
    Additionally submit a copy to GSA through http://www.regulations.gov and follow the instructions on the site. This 
website provides the ability to type short comments directly into the 
comment field or attach a file for lengthier comments.
    Instructions: All items submitted must cite OMB Control No. 9000-
0138, Contract Financing. Comments received generally will be posted 
without change to http://www.regulations.gov, including any personal 
and/or business confidential information provided. To

[[Page 74723]]

confirm receipt of your comment(s), please check www.regulations.gov, 
approximately two-to-three days after submission to verify posting. If 
there are difficulties submitting comments, contact the GSA Regulatory 
Secretariat Division at 202-501-4755 or [email protected].

FOR FURTHER INFORMATION CONTACT: Zenaida Delgado, Procurement Analyst, 
at telephone 202-969-7207, or [email protected].

SUPPLEMENTARY INFORMATION:

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

9000-0138, Contract Financing.

B. Need and Uses

    This clearance covers the information that offerors and contractors 
must submit to comply with the following Federal Acquisition Regulation 
(FAR) requirements:
    FAR 52.232-28, Invitation to Propose Performance-Based Payments. 
This provision requires an offeror, when invited to propose terms under 
which the Government will make performance-based contract financing 
payments during contract performance, to include the following: The 
proposed contractual language describing the performance-based 
payments; information addressing the contractor's investment in the 
contract and a listing of--
    (i) The projected performance-based payment dates and the projected 
payment amounts; and
    (ii) The projected delivery date and the projected payment amount.
    FAR 52.232-29, Terms for Financing of Purchases of Commercial 
Items.
    FAR 52.232-30, Installment Payments for Commercial Items. These 
clauses require contractors, under commercial purchases pursuant to FAR 
part 12, to include with their payment requests an appropriately 
itemized statement of the financing payments requested and other 
supporting information, prepared in concert with the contracting 
officer.
    FAR 52.232-31, Invitation to Propose Financing Terms. This 
provision requires an offeror, when invited to propose terms under 
which the Government will make contract financing payments during 
contract performance under commercial purchases pursuant to FAR part 
12, to include the following: The proposed contractual language 
describing the contract financing; and a listing of the earliest date 
and greatest amount at which each contract financing payment may be 
payable and the amount of each delivery payment.
    FAR 52.232-32, Performance-Based Payments. This clause requires the 
contractor's request for performance-based payment to include any 
information and documentation as required by the contract's description 
of the basis for payment; and a certification by a contractor official 
authorized to bind the contractor.
    The contracting officer uses the required information to review and 
approve contract financing requests, and establish and administer 
contract financing terms.

C. Common Form

    This information collection is being converted into a common form. 
The General Services Administration is the sponsor agency of this 
common form. All executive agencies covered by the Federal Acquisition 
Regulation will use this common form. Each executive agency will report 
their agency burden separately, and the reported information will be 
available at Reginfo.gov.

D. Annual Burden

General Services Administration

    Respondents: 83.
    Total Annual Responses: 06.
    Total Burden Hours: 1,012.

E. Public Comment

    A 60-day notice was published in the Federal Register at 85 FR 
58058 on September 17, 2020. No comments were received.
    Obtaining copies: Requesters may obtain a copy of the information 
collection documents from the GSA Regulatory Secretariat Division, by 
calling 202-501-4755 or emailing [email protected]. Please cite OMB 
Control No. 9000-0138, Contract Financing.

William F. Clark,
Director, Federal Acquisition Policy Division, Office of Governmentwide 
Acquisition Policy, Office of Acquisition Policy, Office of 
Governmentwide Policy.
[FR Doc. 2020-25796 Filed 11-20-20; 8:45 am]
BILLING CODE 6820-EP-P