This collection is approved based on the revised matierls provided by the Agency.
Inventory as of this Action
Requested
Previously Approved
02/28/2022
36 Months From Approved
02/28/2019
880
0
2,000
1,320
0
3,000
62,120
0
133,784
In accordance with FAR 16.4, incentive contracts are normally used when a firm fixed-price contract is not appropriate and the required supplies or services can be acquired at lower costs, and sometimes with improved delivery or technical performance, by relating the amount of profit or fee payable under the contract to the contractor's performance.
As a result of the adjustments, the estimated total burden hours and the responses/hours have decreased based on the updated adjustment number for number of unique vendors in FPDS-NG for the number of contract awards associated with this information collection.
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.