[Federal Register Volume 89, Number 189 (Monday, September 30, 2024)]
[Notices]
[Pages 79590-79591]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-22322]


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FEDERAL RESERVE SYSTEM


Proposed Agency Information Collection Activities; Comment 
Request

AGENCY: Board of Governors of the Federal Reserve System.

ACTION: Notice, request for comment.

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SUMMARY: The Board of Governors of the Federal Reserve System (Board) 
invites comment on a proposal to extend for three years, with revision, 
the Procurement Solicitation Package (FR 1400; 7100-0180).

DATES: Comments must be submitted on or before November 29, 2024.

ADDRESSES: You may submit comments, identified by FR 1400, by any of 
the following methods:
    <bullet> Agency Website: https://www.federalreserve.gov/. Follow 
the instructions for submitting comments at https://www.federalreserve.gov/apps/foia/proposedregs.aspx.
    <bullet> Email: <a href="/cdn-cgi/l/email-protection#53213634207d303c3e3e363d2720133536373621323f213620362125367d343c25"><span class="__cf_email__" data-cfemail="b0c2d5d7c39ed3dfddddd5dec4c3f0d6d5d4d5c2d1dcc2d5c3d5c2c6d59ed7dfc6">[email protected]</span></a>. Include the OMB 
number or FR number in the subject line of the message.
    <bullet> Fax: (202) 452-3819 or (202) 452-3102.
    <bullet> Mail: Federal Reserve Board of Governors, Attn: Ann E. 
Misback, Secretary of the Board, Mailstop M-4775, 2001 C St. NW, 
Washington, DC 20551.
    All public comments are available from the Board's website at 
https://www.federalreserve.gov/apps/foia/proposedregs.aspx as 
submitted, unless modified for technical reasons or to remove 
personally identifiable information at the commenter's request. 
Accordingly, comments will not be edited to remove any confidential 
business information, identifying information, or contact information. 
Public comments may also be viewed electronically or in paper in Room 
M-4365A, 2001 C St. NW, Washington, DC 20551, between 9:00 a.m. and 
5:00 p.m. on weekdays, except for Federal holidays. For security 
reasons, the Board requires that visitors make an appointment to 
inspect comments. You may do so by calling (202) 452-3684. Upon 
arrival, visitors will be required to present valid government-issued 
photo identification and to submit to security screening in order to 
inspect and photocopy comments.
    Additionally, commenters may send a copy of their comments to the 
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.

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, <a href="/cdn-cgi/l/email-protection#acc2d9c4cd82c9c0c1cdcbc4decdcec5eccadece82cbc3da"><span class="__cf_email__" data-cfemail="0f617a676e216a63626e68677d6e6d664f697d6d21686079">[email protected]</span></a>, (202) 
452-3884.

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. In exercising this delegated authority, the 
Board is directed to take every reasonable step to solicit comment. In 
determining whether to approve a collection of information, the Board 
will consider all comments received from the public and other agencies.
    During the comment period for this proposal, a copy of the proposed 
PRA OMB submission, including the draft reporting form and 
instructions, supporting statement (which contains more detail about 
the information collection and burden estimates than this notice), and 
other documentation, will be made available on the 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. On the page displayed at the link above, you can 
find the supporting information by referencing the collection 
identifier, FR 1400. Final versions of these documents will be made 
available at https://www.reginfo.gov/public/do/PRAMain, if approved.

Request for Comment on Information Collection Proposal

    The Board invites public comment on the following information 
collection, which is being reviewed under authority delegated by the 
OMB under the PRA. Comments are invited on the following:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the Board's functions, including whether the 
information has practical utility;
    b. The accuracy of the Board's estimate of the burden of the 
proposed information collection, including the validity of the 
methodology and assumptions used;
    c. Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    d. Ways to minimize the burden of information collection on 
respondents, including through the use of automated collection 
techniques or other forms of information technology; and
    e. Estimates of capital or startup costs and costs of operation, 
maintenance, and purchase of services to provide information.
    At the end of the comment period, the comments and recommendations 
received will be analyzed to determine the extent to which the Board 
should modify the proposal.

Proposal Under OMB Delegated Authority To Extend for Three Years, With 
Revision, the Following Information Collection

    Collection title: Procurement Solicitation Package.
    Collection identifier: FR 1400.
    OMB control number: 7100-0180.
    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), the Solicitation Package (Solicitation, Offer, and 
Award Form; Supplier Information Form; Past Performance Data Sheet; and 
Past Performance Questionnaire) (FR 1400B), the Supplier Risk 
Management Offeror Questionnaire (FR 1400C), and the Subcontracting 
Report (FR 1400D). The information collected through the Procurement 
Solicitation Package is necessary for Board staff to fairly and 
accurately evaluate the merits of suppliers' proposals, to select the 
proposal most advantageous to the Board, taking into account price and 
other key factors, and to award and administer contracts after a 
supplier has been selected.
    Proposed revisions: The Board proposes to clear a new, event-
generated form, the Contractor Conflict of Interest Screening (FR 
1400E). The FR 1400E will be used to screen potential contractors that 
would be conducting research pertaining to the Board's mission (e.g., 
monetary policy, financial stability, or supervision and regulation) 
and/or have access to sensitive Board information such as confidential

[[Page 79591]]

supervisory information, in order to determine if they have any 
conflict of interests. The 1400E has four main sections: Financial 
Interests, Outside Employment or Consulting in Banking or Economic 
Industries, Work with Foreign Governments, and Relatives in Related 
Businesses. Applicants are asked to list assets that they, their 
spouse, or their minor children hold that might be conflicts of 
interest. The potential contractor is also asked to list any outside 
employment that is relevant to the Board, including any employment for 
or with a foreign government, within the past three years. Lastly, the 
applicant is asked to specify any position their spouse, child, parent, 
or sibling currently holds at a financial institution (such as a bank, 
bank holding company, savings and loan holding company, thrift or 
savings and loan association, or affiliate of any such entity; 
consulting or law firm advising financial institutions; economic 
forecasting or consulting firm; or a vendor/contractor) that works with 
the Federal Reserve System.
    Frequency: FR 1400A/FR 1400B/FR 1400C, event-generated; FR 1400D, 
semiannual.
    Respondents: Businesses and individuals.
    Total estimated number of respondents: 550.
    Estimated average hours per response: FR 1400A, 0.67; FR 1400B, 81; 
FR 1400C, 7.6; FR 1400D, 0.7; FR 1400E, 0.45.
    Total estimated change in burden: 27 hours.
    Total estimated annual burden hours: 24,979.

    Board of Governors of the Federal Reserve System, September 25, 
2024.
Benjamin W. McDonough,
Deputy Secretary and Ombuds of the Board.
[FR Doc. 2024-22322 Filed 9-27-24; 8:45 am]
BILLING CODE 6210-01-P


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