Performance Based Payments (PBP) Analysis Tool; DFARS Part 232-Contract Financing

ICR 201403-0704-004

OMB: 0704-0485

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2014-03-21
Supporting Statement A
2014-03-21
ICR Details
0704-0485 201403-0704-004
Historical Inactive 201112-0704-006
DOD/DODDEP
Performance Based Payments (PBP) Analysis Tool; DFARS Part 232-Contract Financing
New collection (Request for a new OMB Control Number)   No
Regular
Preapproved 03/24/2014
Retrieve Notice of Action (NOA) 03/21/2014
  Inventory as of this Action Requested Previously Approved
03/31/2017 36 Months From Approved
1,000 0 0
1,000 0 0
64,040 0 0

This is a request for establishment of a new information collection requirement. DoD is amending the Defense Federal Acquisition Regulation Supplement (DFARS) to provide detailed guidance and instructions on the use of the Performance Based Payments (PBP) Analysis Tool. If a contractor desires to structure contract financing using performance-based payments, the contractor shall submit a proposed performance-based payments schedule which includes all performance-based payments events, completion criteria and event values along with the expected expenditure profile. This information will be entered into the PBP analysis tool to calculate improved financing opportunities.

US Code: 41 USC 421 Name of Law: null
  
None

0750-AH54 Proposed rulemaking 77 FR 4638 01/30/2012

  77 FR 4638 01/30/2012
77 FR 4638 01/30/2012
Yes

1
IC Title Form No. Form Name
Performance Based Payments (PBP) Analysis Tool; DFARS Part 232-Contract Financing

  Total Request Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 1,000 0 0 1,000 0 0
Annual Time Burden (Hours) 1,000 0 0 1,000 0 0
Annual Cost Burden (Dollars) 64,040 0 0 64,040 0 0
Yes
Changing Regulations
No
This is a New Information Collection.

$64,040
No
No
No
No
No
Uncollected
Patricia Toppings 703 696-5284 PLToppings@whs.mil

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
03/21/2014


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