DFARS Part 216 and the clauses at 252.216-7000, 252.216-7001, and 252.216-7003 require contractors to submit information to the contracting officers, which is used in adjusting established contract prices pursuant to the economic price adjustment provisions of the clauses.
The estimated changes are based on a decrease in projected hours, which is attributed to a decline in the number of fixed-price contracts being awarded with a DFARS part 216 economic price adjustment clause. The overall decline in the number of contract awards may also be associated with and attributed to the drawdown in Iraq and Afghanistan. The drawdown, which began during FY 2011, was projected to taper off by the end of 2014. Based on current economic conditions, the number of annual number of contract associated with DFARS 252.216-7000, -7001, and -7003 is expected to remain relatively stable for the next three years.
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.