[Federal Register Volume 87, Number 128 (Wednesday, July 6, 2022)]
[Notices]
[Pages 40243-40244]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-14319]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

[OMB Control No. 9000-0045; Docket No. 2022-0053; Sequence No. 14]


Submission for OMB Review; Bid Guarantees, Performance and 
Payment Bonds, and Alternative Payment Protection

AGENCY: Department of Defense (DOD), General Services Administration 
(GSA), and National Aeronautics and Space Administration (NASA).

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: Under the provisions of the Paperwork Reduction Act, the 
Regulatory Secretariat Division has submitted to the Office of 
Management

[[Page 40244]]

and Budget (OMB) a request to review and approve an extension of a 
previously approved information collection requirement regarding bid 
guarantees, performance and payment bonds, and alternative payment 
protections.

DATES: Submit comments on or before August 5, 2022.

ADDRESSES: Written comments and recommendations for this information 
collection should be sent within 30 days of publication of this notice 
to www.reginfo.gov/public/do/PRAMain. Find this particular information 
collection by selecting ``Currently under Review--Open for Public 
Comments'' or by using the search function.
    Additionally, submit a copy to GSA through https://www.regulations.gov and follow the instructions on the site. This 
website provides the ability to type short comments directly into the 
comment field or attach a file for lengthier comments.
    Instructions: All items submitted must cite OMB Control No. 9000-
0045, Bid Guarantees, Performance and Payment Bonds, and Alternative 
Payment Protection. Comments received generally will be posted without 
change to https://www.regulations.gov, including any personal and/or 
business confidential information provided. To confirm receipt of your 
comment(s), please check www.regulations.gov, approximately two-to-
three days after submission to verify posting. If there are 
difficulties submitting comments, contact the GSA Regulatory 
Secretariat Division at 202-501-4755 or <a href="/cdn-cgi/l/email-protection#43041002112624102620032430226d242c35"><span class="__cf_email__" data-cfemail="1d5a4e5c4f787a4e787e5d7a6e7c337a726b">[email protected]</span></a>.

FOR FURTHER INFORMATION CONTACT: Marissa Ryba, Procurement Analyst, at 
telephone 314-586-1280, or <a href="/cdn-cgi/l/email-protection#4924283b203a3a28673b302b28092e3a28672e263f"><span class="__cf_email__" data-cfemail="b9d4d8cbd0cacad897cbc0dbd8f9decad897ded6cf">[email protected]</span></a>.

SUPPLEMENTARY INFORMATION: 

A. OMB Control Number, Title, and Any Associated Form(s)

    9000-0045, Bid Guarantees, Performance and Payment Bonds, and 
Alternative Payment Protection, Standard Forms (SF) 24, 25, 25-A, 25-B, 
34, 35, 273, 274, 275, 1414, 1415, 1416, and 1418.

B. Needs and Uses

    This justification supports an extension of the expiration date of 
OMB Control No. 9000-0045. This clearance covers the information that 
offerors or contractors must submit to comply with the following 
Federal Acquisition Regulation (FAR) requirements:
    FAR 52.228-1, Bid Guarantee. This provision (or clause) requires 
offerors or contractors to furnish a bid guarantee in the proper form 
and amount when a performance bond or a performance and payment bond is 
also required. (SF 24, Bid Bond; SF 34, Annual Bid Bond).
    FAR 52.228-2, Additional Bond Security. This clause requires 
contractors to furnish additional bond security under certain 
circumstances. This clause is used both for construction and other than 
construction contracts. (SF 1414 Consent of Surety; SF 1415, Consent of 
Surety and Increase of Penalty).
    FAR 52.228-13, Alternative Payment Protections. This clause 
requires contractors to submit one of the payment protections listed in 
the clause by the contracting officer, in construction contracts 
greater than $35,000 but not exceeding $150,000.
    FAR 52.228-14, Irrevocable Letter of Credit. This clause requires 
offerors or contractors to provide certain information when they intend 
to use an irrevocable letter of credit (ILC) in lieu of a required bid 
bond, or to secure other types of required bonds such as performance 
and payment bonds. This clause is required in solicitations and 
contracts when a bid guarantee, or performance bond, or performance and 
payment bonds are required.
    FAR 52.228-15, Performance and Payment Bonds-Construction. This 
clause requires contractors to provide performance and payment bonds in 
construction contracts exceeding $150,000 (SF 25, Performance Bond; SF 
25-A, Payment Bond; SF 25-B, Continuation Sheet (for SF's 24, 25, and 
25-A); SF 273, Reinsurance Agreement for a Bonds Statute Performance 
Bond; SF 274, Reinsurance Agreement for a Bonds Statute Payment Bond).
    FAR 52.228-16, Performance and Payment Bonds-Other Than 
Construction. This clause requires contractors to furnish performance 
and payment bonds for other than construction contracts exceeding the 
simplified acquisition threshold only in certain circumstances. (SF 35, 
Annual Performance Bond; SF 275, Reinsurance Agreement in Favor of the 
United States; SF 1416, Payment Bond for Other Than Construction 
Contracts; SF 1418, Performance Bond for Other Than Construction 
Contracts).
    The bid guarantees, bonds, or alternative payment protections are 
retained by the Government until the contractor's obligation is 
fulfilled.

C. Annual Burden

    Respondents: 6,279.
    Total Annual Responses: 6,279.
    Total Burden Hours: 6,279.

D. Public Comment

    A 60-day notice was published in the Federal Register at 87 FR 
25487, on April 29, 2022. No comments were received.
    Obtaining Copies: Requesters may obtain a copy of the information 
collection documents from the GSA Regulatory Secretariat Division, by 
calling 202-501-4755 or emailing <a href="/cdn-cgi/l/email-protection#591e0a180b3c3e0a3c3a193e2a38773e362f"><span class="__cf_email__" data-cfemail="80c7d3c1d2e5e7d3e5e3c0e7f3e1aee7eff6">[email protected]</span></a>. Please cite OMB 
Control No. 9000-0045, Bid Guarantees, Performance and Payment Bonds, 
and Alternative Payment Protection.

Janet Fry,
Director, Federal Acquisition Policy Division, Office of Governmentwide 
Acquisition Policy, Office of Acquisition Policy, Office of 
Governmentwide Policy.
[FR Doc. 2022-14319 Filed 7-5-22; 8:45 am]
BILLING CODE 6820-EP-P


</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>