Trusted Capital Digital Marketplace Application

ICR 202105-0704-012

OMB: 0704-0596

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2021-05-28
Supplementary Document
2021-05-26
Supplementary Document
2021-05-24
IC Document Collections
ICR Details
0704-0596 202105-0704-012
Received in OIRA 202011-0704-004
DOD/DODDEP 0704-TCDM
Trusted Capital Digital Marketplace Application
Revision of a currently approved collection   No
Regular 06/01/2021
  Requested Previously Approved
36 Months From Approved 06/30/2021
300 300
450 450
22,649 22,649

The Office of the Under Secretary of Defense for Acquisition and Sustainment (OUSD(A&S)) has proposed a “Trusted Capital” initiative in the form of a public-private partnership designed to convene trusted sources of private capital with innovative companies critical to the defense industrial base (DIB) and national security. The initiative includes establishment of a Trusted Capital Digital Marketplace (TCDM) to facilitate business relationships between eligible investors (“Capital Providers”) and eligible small and medium-sized businesses that have been “downselected” by Department of Defense (DoD) Components based on relevancy, technical merit, business viability, or innovativeness (“Capability Providers”). Information collected will be used in determining an applicant’s eligibility for TCDM participation. Parties will complete an electronic application and be subjected to a due diligence screening process to assess for adversarial foreign ownership, influence, or control–as well as other national security risks. Applicants that receive a favorable due diligence screening adjudication by OUSD(A&S) will be approved for TCDM participation. In addition to initial application requirements, participants will be subject to continuous reporting obligations.

US Code: 10 USC 2501 Name of Law: National security objectives concerning national technology and industrial base
   PL: Pub.L. 115 - 91 1711 Name of Law: National Defense Authorization Act for Fiscal Year 2018
   PL: Pub.L. 116 - 92 845 Name of Law: National Defense Authorization Act for Fiscal Year 2020
  
None

Not associated with rulemaking

  85 FR 77187 12/01/2020
86 FR 28812 05/28/2021
No

1
IC Title Form No. Form Name
Trusted Capital Digital Marketplace Application

  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 300 300 0 0 0 0
Annual Time Burden (Hours) 450 450 0 0 0 0
Annual Cost Burden (Dollars) 22,649 22,649 0 0 0 0
No
No

$2,517,307
No
    No
    No
No
No
No
Yes
Nicholas Schuff 757 817-7203 [email protected]

  No

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.
06/01/2021


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