[Federal Register Volume 60, Number 48 (Monday, March 13, 1995)]
[Notices]
[Page 13412]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-6114]



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DEPARTMENT OF DEFENSE

GENERAL SERVICE ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

[OMB Control No. 9000-0015]


Clearance Request for Contractor Inventory Schedules

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

ACTION: Notice of request for an extension to an existing OMB clearance 
(9000-0015).

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SUMMARY: Under the provisions of the Paperwork Reduction Act of 1980 
(44 U.S.C. 3501), the Federal Acquisition Regulation (FAR) Secretariat 
has submitted to the Office of Management and Budget (OMB) a request to 
review and approve an extension of a currently approved information 
collection requirement concerning Contractor Inventory Schedules.

FOR FURTHER INFORMATION CONTACT:
Beverly Fayson, Office of Federal Acquisition Policy, GSA (202) 501-
4655.

SUPPLEMENTARY INFORMATION:

A. Purpose

    The series of standard forms covering contractors' inventories are 
essential for reporting, redistribution, and disposal of excess 
Government property at contractor plants (upon contract completion) and 
contractor termination inventory in support of contractor termination 
settlement proposals.
    The contractor who is accountable for the property or who is 
submitting a termination settlement proposal is responsible for 
completing the inventory schedules.
    These inventory schedules are the only means by which contractors 
report excess contractor inventory and by which the Government is able 
to achieve screening, redistribution and disposal of such property. 
They are also the only means of contractors supporting the inventory 
portion of their termination settlement proposals and accounting for 
Government property in their possession. Thus, this information is not 
available to those requiring it from any other source.
    A variety of activities utilize these inventory schedules. Thus, 
the Termination Contracting Officer and the cognizant audit agency use 
the schedules in evaluating the termination charges being claimed under 
terminated Government contracts. The Property Administrator of the 
contract administration office uses the schedules to ensure that the 
contractor has accounted for all Government property in its possession.

B. Annual Reporting Burden

    Public reporting burden for this collection of information is 
estimated to average 1 hour per response, including the time for 
reviewing instructions, searching existing data sources, gathering and 
maintaining the data needed, and completing and reviewing the 
collection of information. Send comments regarding this burden estimate 
or any other aspect of this collection of information, including 
suggestions for reducing this burden, to General Services 
Administration, FAR Secretariat, 18th & F Streets, NW, Room 4037, 
Washington, DC 20405, and to the FAR Desk Officer, Office of 
Information and Regulatory Affairs, Office of Management and Budget, 
Washington, DC 20503.
    The annual reporting burden is estimated as follows: Respondents, 
12,500; responses per respondent, 4; total annual responses, 50,000; 
preparation hours per response, 1; and total response burden hours, 
50,000.

OBTAINING COPIES OF PROPOSALS: Requester may obtain copies of OMB 
applications or justifications from the General Services 
Administration, FAR Secretariat (VRS), Room 4037, Washington, DC 20405, 
telephone (202) 501-4755. Please cite OMB Control No. 9000-0015, 
Contractor Inventory Schedules, in all correspondence.

    Dated: March 7, 1995.
Beverly Fayson,
FAR Secretariat.
[FR Doc. 95-6114 Filed 3-10-95; 8:45 am]
BILLING CODE 6820-34-M