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[Federal Register Volume 88, Number 174 (Monday, September 11, 2023)]
[Notices]
[Pages 62369-62370]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-19474]

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FEDERAL RESERVE SYSTEM

Agency Information Collection Activities: Announcement of Board 
Approval Under Delegated Authority and Submission to OMB

AGENCY: Board of Governors of the Federal Reserve System.

SUMMARY: The Board of Governors of the Federal Reserve System (Board) 
is adopting a proposal to extend for three years, with revision, the 
Procurement Solicitation Package (FR 1400; OMB No. 7100-0180).

FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance 
Officer--Nuha Elmaghrabi--Office of the Chief Data Officer, Board of 
Governors of the Federal Reserve System, [email protected], (202) 
452-3884.
    Office of Management and Budget (OMB) Desk Officer for the Federal 
Reserve Board, Office of Information and Regulatory Affairs, Office of 
Management and Budget, New Executive Office Building, Room 10235, 725 
17th Street NW, Washington, DC 20503, or by fax to (202) 395-6974.

SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board 
authority under the Paperwork Reduction Act (PRA) to approve and assign 
OMB control numbers to collections of information conducted or 
sponsored by the Board. Board-approved collections of information are 
incorporated into the official OMB inventory of currently approved 
collections of information. The OMB inventory, as well as copies of the 
PRA Submission, supporting statements (which contain more detailed 
information about the information collections and burden estimates than 
this notice), and approved collection of information instrument(s) are 
available at https://www.reginfo.gov/public/do/PRAMain. These documents 
are also available on the Federal Reserve Board's public website at 
https://www.federalreserve.gov/apps/reportingforms/home/review or may 
be requested from the agency clearance officer, whose name appears 
above.

Final Approval Under OMB Delegated Authority of the Extension for Three 
Years, With Revision, of the Following Information Collection

    Collection title: Procurement Solicitation Package.
    Collection identifier: FR 1400.
    OMB control number: 7100-0180.
    Effective Date: October 11, 2023.
    General description of collection: The Board uses the Procurement 
Solicitation Package, which includes a supplier database and 
solicitation documents as appropriate, to assist in the competitive 
process of soliciting proposals from suppliers of goods and services. 
The Procurement Solicitation Package includes the: Supplier 
Registration System (FR 1400A), Solicitation Package (Solicitation, 
Offer, and Award Form; Supplier Information Form; Past Performance Data 
Sheet; and Past Performance Questionnaire) (FR 1400B), Supplier Risk 
Management Offeror Questionnaire (FR 1400C), and Subcontracting Report 
(FR 1400D).
    The solicitation documents are typically for the procurement of 
goods, services and construction that are not off-the-shelf items. The 
Board's supplier database serves as a venue for Board staff to research 
potential suppliers and their qualifications. When a solicitation is 
constructed for a specific acquisition, the solicitation package is 
typically called a Solicitation, Offer, and Award (SOA) document, which 
consists of the Solicitation Form (Section A of the SOA) and Supplier 
Information Form (Section N of the SOA), which are both part of FR 
1400B. Depending on the requirements of the specific acquisition, the 
SOA may also consist of a Past Performance Data Sheet (part of FR 
1400B), Past Performance Questionnaire (part of FR 1400B), Supplier 
Risk Management Offeror Questionnaire (FR 1400C), or Subcontracting 
Report (FR 1400D). This information collection is required to collect 
data on prices, specifications of goods and services, and 
qualifications of prospective suppliers.
    Frequency: Event-generated.
    Respondents: Businesses and individuals.
    Total estimated number of respondents: 630.
    Total estimated change in burden: 33.
    Total estimated annual burden hours: 24,863.\1\
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    \1\ More detailed information regarding this collection, 
including more detailed burden estimates, can be found in the OMB 
Supporting Statement posted at https://www.federalreserve.gov/apps/reportingforms/home/review. On the page displayed at the link, you 
can find the OMB Supporting Statement by referencing the collection 
identifier, FR 1400.

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[[Page 62370]]

    Current actions: On May 15, 2023, the Board published a notice in 
the Federal Register (88 FR 30970) requesting public comment for 60 
days on the extension, with revision, of the Procurement Solicitation 
Package. The Board proposed to revise the FR 1400 by transitioning the 
FR 1400B into the new online source to settle system provided by Coupa, 
making minor revisions to the content to help improve reporting and 
reduce commonly asked follow-up questions, and adding a new section to 
the SOA, which respondents will be required to complete and then update 
or re-certify each year. This information would be required for every 
supplier when they complete a solicitation. Additionally, on an annual 
basis, suppliers would be required to login to Coupa to update or re-
certify that representation information they originally entered in the 
``Board of Governors Policy Information'' section is still correct. The 
FR 1400C and FR 1400D would also be transitioned to the Coupa system; 
however, the contents and format of the FR 1400C and FR 1400D would not 
change. There were no revisions proposed to the FR 1400A.The comment 
period for this notice expired on July 14, 2023. The Board did not 
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receive any comments. The revisions will be implemented as proposed.

    Board of Governors of the Federal Reserve System, September 5, 
2023.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2023-19474 Filed 9-8-23; 8:45 am]
BILLING CODE 6210-01-P
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