NASA Contractor Financial Management Reports

Forms and Documents

Document Name	Status
Form NF 533M NASA Contractor Financial Management Reports Form and Instruction	Modified
2700-0003. Supporting Statement final 12-21-2018Rev.docx Supporting Statement A	2019-02-13
2700-0003 NF533 30day_Vol83_No245_121218.pdf Supplementary Document	2018-12-21
2700-0003 NF533 60day_Vol83_No198_101218.pdf Supplementary Document	2018-12-21

IC Document Collections

IC ID	Document Title	Status
27941	NASA Contractor Financial Management Reports Form and Instruction	Modified

ICR Details

OMB Control No: 2700-0003	ICR Reference No: 201812-2700-001
Status: Active	Previous ICR Reference No: 201602-2700-001
Agency/Subagency: NASA	Agency Tracking No: 2700-0003
Title: NASA Contractor Financial Management Reports
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 04/01/2019
	Date Received in OIRA: 03/01/2019
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	04/30/2022	36 Months From Approved	07/31/2019
Responses	6,000	0	6,000
Time Burden (Hours)	54,000	0	54,000
Cost Burden (Dollars)	0	0	0

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Abstract: The NASA Contracting Financial Reporting System is the basic financial medium for contractor reporting of estimated and incurred costs. The information collected provides NASA with data necessary to project costs and ensure Contractor performance is planned and Reports are necessary supported by dollar and labor resources. The data provided by these reports is an integral part of the Agency's accrural accounting and cost-based budgeting systems required under 31 U.S.C3512(e).

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Authorizing Statute(s): US Code: 31 USC 3512 Name of Law: Executive agency accounting and other financial management reports and plans
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	83 FR 198	10/12/2018
30-day Notice:	Federal Register Citation:	Citation Date:
	83 FR 245	12/21/2018
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
NASA Contractor Financial Management Reports	NF 533M, Form 533Q	Monthly Contractor Financial Mgmt Report ,   Quarterly Contractor Financial Mgmt Report

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	6,000	6,000	0	0	0	0
Annual Time Burden (Hours)	54,000	54,000	0	0	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

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Annual Cost to Federal Government: $3,200,000

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 03/01/2019

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