Contract Financing--FAR sections affected: 52.232-28; 52.232-29; 52.232-30; 52.232-31; and 52.232-32

Forms and Documents

Document	Type	Status	Availability
9000-0138-Supporting Statement 2020 (1).docx	Supporting Statement A	Uploaded 2020-11-25	Repair queued

IC Document Collections

IC ID	Collection	Type	Status	Form
36677	Commercial Financing	Instruction	Modified
244629	Performance Based Payments	Instruction	New

ICR Details

OMB Control No: 9000-0138	ICR Reference No: 202011-9000-005
Status: Received in OIRA	Previous ICR Reference No: 201703-9000-002
Agency/Subagency: FAR	Agency Tracking No:
Title: Contract Financing--FAR sections affected: 52.232-28; 52.232-29; 52.232-30; 52.232-31; and 52.232-32
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  Yes
Type of Review Request: Regular	Date Submitted to OIRA: 11/25/2020

	Requested	Previously Approved
Expiration Date	36 Months From Approved	01/31/2021
Responses	506	11,000
Time Burden (Hours)	1,012	22,000
Cost Burden (Dollars)	57,684	1,012,000

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Abstract: The coverage enables the Government to provide financing to assist in the performance of contracts for commercial items and provide financing for non-commercial items based on contractor performance.

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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:
	85 FR 58058	09/17/2020
30-day Notice:	Federal Register Citation:	Citation Date:
	85 FR 74722	11/23/2020
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 2

IC Title	Form No.	Form Name
Commercial Financing
Performance Based Payments

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ICR Summary of Burden

	Total Request	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	506	11,000	0	-10,494	0	0
Annual Time Burden (Hours)	1,012	22,000	0	-20,988	0	0
Annual Cost Burden (Dollars)	57,684	1,012,000	0	-954,316	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Miscellaneous Actions

Short Statement: The decrease in the number of responses from 11,000 to 506 and the associated decrease in estimated burden hours from 22,000 to 1,012 are because the reported burden- a) Accounts only for GSA. This information collection is being converted into a common form. All executive agencies covered by the FAR will use this common form, and report their agency burden separately; b) Was adjusted using the most current data available; c) Is based on a methodology that better reflects the FAR policy on using contract financing payments for commercial contracts (per FAR 32.202-1(b)), and performance-based contract financing payments for other than commercial contracts (per FAR 32.104(d), 32.1000, 32.1001(e), and 32.1003(b)); and d) The number of new contracts (including task and delivery orders) using FAR part 12 commercial item procedures.

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Annual Cost to Federal Government: $57,684

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? No

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Common Form ICR:  Yes

Description/Changes for Common Form Usage:  This information collection is being converted into a common form. GSA is the sponsor agency of this common form. All executive agencies covered by the FAR will use this common form, and report their agency burden separately

Approved RCFs using this ICR

Agency/Sub Agency	RCF ID	RCF Title	RCF Status	IC Title

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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: 11/25/2020

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