This information collection is necessary so that DCSA can provide proper monitoring and oversight of companies with Foreign Ownership, Control, or Influence (FOCI), while those companies provide services on a U.S. government contract. In order to mitigate foreign ownership risks, DCSA approves the nomination of Outside Director/Proxy Holder(s) (OD/PH) for the specified company. The OD/PH will be a cleared U.S. citizen, disinterested in the company and its shareholder, who can exercise management prerogative to ensure the foreign owner is effectively insulated from controlling or influencing the management or business of the cleared company in a manner that could affect its performance on classified contracts.
PL:
Pub.L. 83 - 703 103
Name of Law: Atomic Energy Act of 1954
EO: EO 12829 Name/Subject of EO: National Industrial Security Program
EO: EO 13526 Name/Subject of EO: Classified National Security Information
The average hourly wage for respondents has increased due to inflation and cost of living adjustments. This resulted in an increase in the labor burden per response, even though the response time remains unchanged. The number of respondents has increased to commensurate with the expansion and growth of the National Industrial Security Program. This expansion reflects increased government contracting activity, new security requirements, and expansion of cleared facilities. This expansion has led to a corresponding increase in the total number of Outside Director/Proxy Holder Nominee and Nominating Official Packages processed annually, directly contributing to the overall increase in burden hours.
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.