38428 Federal Register / Vol. 74, No. 147 / Monday, August 3, 2009 / Notices 

SFFAS 34 incorporates the hierarchy 

of generally accepted accounting 

principles (GAAP) into the FASAB’s 

authoritative literature. The ‘‘GAAAP 

hierarchy’’ consists of the sources of 

accounting principles used in the 

preparation of financial statements of 

Federal reporting entities that are 

presented in conformity with GAAP and 

the framework for selecting those 

principles. 

The statement is available on the 

FASAB home page http:// 

www.fasab.gov/exposure.html. Copies 

can be obtained by contacting FASAB at 

(202) 512–7350. 

FOR FURTHER INFORMATION CONTACT: 

Wendy Payne, Executive Director, at 

(202) 512–7350. 

Authority: Federal Advisory Committee 

Act, Public Law 92–463. 

Dated: July 29, 2009. 

Charles Jackson, 

Federal Register Liaison Officer. 

[FR Doc. E9–18449 Filed 7–31–09; 8:45 am] 

BILLING CODE 1610–01–P 

FEDERAL RESERVE SYSTEM 

Formations of, Acquisitions by, and 

Mergers of Bank Holding Companies 

The companies listed in this notice 

have applied to the Board for approval, 

pursuant to the Bank Holding Company 

Act of 1956 (12 U.S.C. 1841 et seq.) 

(BHC Act), Regulation Y (12 CFR Part 

225), and all other applicable statutes 

and regulations to become a bank 

holding company and/or to acquire the 

assets or the ownership of, control of, or 

the power to vote shares of a bank or 

bank holding company and all of the 

banks and nonbanking companies 

owned by the bank holding company, 

including the companies listed below. 

The applications listed below, as well 

as other related filings required by the 

Board, are available for immediate 

inspection at the Federal Reserve Bank 

indicated. The applications also will be 

available for inspection at the offices of 

the Board of Governors. Interested 

persons may express their views in 

writing on the standards enumerated in 

the BHC Act (12 U.S.C. 1842(c)). If the 

proposal also involves the acquisition of 

a nonbanking company, the review also 

includes whether the acquisition of the 

nonbanking company complies with the 

standards in section 4 of the BHC Act 

(12 U.S.C. 1843). Unless otherwise 

noted, nonbanking activities will be 

conducted throughout the United States. 

Additional information on all bank 

holding companies may be obtained 

from the National Information Center 

website at www.ffiec.gov/nic/. 

Unless otherwise noted, comments 

regarding each of these applications 

must be received at the Reserve Bank 

indicated or the offices of the Board of 

Governors not later than August 28, 

2009. 

A. Federal Reserve Bank of New 

York (Ivan Hurwitz, Bank Applications 

Officer) 33 Liberty Street, New York, 

New York 10045–0001: 

1. Morgan Stanley, New York, New 

York; to acquire up to 9.9 percent of the 

voting shares of Community Bankers 

Trust Corporation, Glen Allen, Virginia, 

and thereby indirectly acquire voting 

shares of Bank of Essex, Essex, Virginia. 

Board of Governors of the Federal Reserve 

System, July 29, 2009. 

Robert deV. Frierson, 

Deputy Secretary of the Board. 

[FR Doc. E9–18448 Filed 7–31–09; 8:45 am] 

BILLING CODE 6210–01–S 

DEPARTMENT OF DEFENSE 

GENERAL SERVICES 

ADMINISTRATION 

NATIONAL AERONAUTICS AND 

SPACE ADMINISTRATION 

[OMB Control No. 9000–0026] 

Federal Acquisition Regulation; 

Submission for OMB Review; Change 

Order Accounting 

AGENCIES: Department of Defense (DOD), 

General Services Administration (GSA), 

and National Aeronautics and Space 

Administration (NASA). 

ACTION: Notice of request for public 

comments regarding an extension to an 

existing OMB clearance (9000–0026). 

SUMMARY: Under the provisions of the 

Paperwork Reduction Act of 1995 (44 

U.S.C. Chapter 35), the Federal 

Acquisition Regulation (FAR) 

Secretariat will be submitting to the 

Office of Management and Budget 

(OMB) a request to review and approve 

an extension of a currently approved 

information collection requirement 

concerning change order accounting. A 

request for public comments was 

published in the Federal Register at 74 

FR 18718, April 24, 2009. No comments 

were received. 

Public comments are particularly 

invited on: Whether this collection of 

information is necessary for the proper 

performance of functions of the FAR, 

and whether it will have practical 

utility; whether our estimate of the 

public burden of this collection of 

information is accurate, and based on 

valid assumptions and methodology; 

ways to enhance the quality, utility, and 

clarity of the information to be 

collected; and ways in which we can 

minimize the burden of the collection of 

information on those who are to 

respond, through the use of appropriate 

technological collection techniques or 

other forms of information technology. 

DATES: Submit comments on or before 

September 2, 2009. 

ADDRESSES: Submit comments regarding 

this burden estimate or any other aspect 

of this collection of information, 

including suggestions for reducing this 

burden to: FAR Desk Officer, OMB, 

Room 10102, NEOB, Washington, DC 

20503, and a copy to the General 

Services Administration, Regulatory 

Secretariat (VPR), 1800 F Street, NW., 

Room 4041, Washington, DC 20405. 

FOR FURTHER INFORMATION CONTACT: 

Beverly Cromer, Contract Policy 

Division, GSA, (202) 501–1448 or via 

e-mail at Beverly.Cromer@gsa.gov. 

SUPPLEMENTARY INFORMATION: 

A. Purpose 

FAR clause 52.243–6, Change Order 

Accounting, requires that, whenever the 

estimated cost of a change or series of 

related changes exceed $100,000, the 

contracting officer may require the 

contractor to maintain separate accounts 

for each change or series of related 

changes. The account shall record all 

incurred segregable, direct costs (less 

allocable credits) of work, both changed 

and unchanged, allocable to the change. 

These accounts are to be maintained 

until the parties agree to an equitable 

adjustment for the changes or until the 

matter is conclusively disposed of under 

the Disputes clause. This requirement is 

necessary in order to be able to account 

properly for costs associated with 

changes in supply and research and 

development contracts that are 

technically complex and incur 

numerous changes. 

B. Annual Reporting Burden 

Respondents: 8,750. 

Responses per Respondent: 18. 

Annual Responses: 157,500. 

Hours per Response: .084. 

Total Burden Hours: 13,230. 

C. Annual Recordkeeping Burden 

Recordkeepers: 8,750. 

Hours per Recordkeeper: 1.5. 

Total Recordkeeping Burden Hours: 

13,125. 

Total Burden Hours: 26,355. 

Obtaining Copies of Proposals: 

Requesters may obtain a copy of the 

information collection documents from 


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