GSA must re-submit this ICR when the final rule is sent to OMB for review.
Inventory as of this Action
Requested
Previously Approved
36 Months From Approved
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0
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Price Adjustments: The GSA Acquisition Regulation (GSAR) prescribes an economic price adjustement clause in Federal Supply Service MAS contracts. This clause is used to adjust MAS contract price and requires a MAS contractor to furnish certain pricing information when the MAS contractor requests a price adjustment under the MAS contract.
US Code:
40 USC 121(c)
Name of Law: Title 40- Administrative
The differences that exist between the justifications for the collection as it previously existed and as it exists now are based on current data updating the number of FSS Schedule contractors and SOP contractors from a previous count of 6,557. An estimated annualized cost to the public is provided. Also, estimated annualized cost to the Government was increased to account for the increase in salary from a GS 5/step 4 to a GS 12/step 5.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.