Contract Funding - Limitation of Costs/Funds - FAR Sections Affected: 52.232-20 and 52.232-22

Forms and Documents

Document Name	Status
9000-0074 Supporting Statement - 8-21-19.docx Supporting Statement A	2019-09-03

IC Document Collections

IC ID	Document Title	Status
36559	Contract Funding - Limitation of Costs/Funds - FAR Sections Affected: 52.232-20 and 52.232-22	Modified

ICR Details

OMB Control No: 9000-0074	ICR Reference No: 201909-9000-002
Status: Active	Previous ICR Reference No: 201607-9000-007
Agency/Subagency: FAR	Agency Tracking No:
Title: Contract Funding - Limitation of Costs/Funds - FAR Sections Affected: 52.232-20 and 52.232-22
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 10/08/2019
	Date Received in OIRA: 09/03/2019
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	10/31/2022	36 Months From Approved	10/31/2019
Responses	11,568	0	123,392
Time Burden (Hours)	3,817	0	40,719
Cost Burden (Dollars)	209,935	0	2,321,004

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Abstract: Firms performing under Federal cost-reimbursement contracts must notify the Government when incurred costs will exceed 75 percent of the estimated cost. or when the total cost for the performance of the contracts will be greater or substantially less than estimated.

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Authorizing Statute(s): None

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:
	84 FR 29208	06/21/2019
30-day Notice:	Federal Register Citation:	Citation Date:
	84 FR 46012	09/03/2019
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
Contract Funding - Limitation of Costs/Funds - FAR Sections Affected: 52.232-20 and 52.232-22

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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	11,568	123,392	0	-111,824	0	0
Annual Time Burden (Hours)	3,817	40,719	0	-36,902	0	0
Annual Cost Burden (Dollars)	209,935	2,321,004	0	-2,111,069	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: Yes

Burden Reduction Due to: Cutting Redundancy

Short Statement: The total annual public burden decreased by 36,902 hours due to a decrease in the number of respondents per year based on contracting data from the latest fiscal year. The number of responses per respondent increased to account for respondents having multiple contracts with the Government based on the latest contracting data. In addition, the estimated costs to the public were adjusted based on an update to the wage rates for the personnel preparing or submitting the information.

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Annual Cost to Federal Government: $318,120

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: 09/03/2019

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