[Federal Register Volume 63, Number 246 (Wednesday, December 23, 1998)] [Notices] [Pages 71099-71100] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 98-34018] ----------------------------------------------------------------------- DEPARTMENT OF DEFENSE General Services Administration National Aeronautics and Space Administration [OMB Control No. 9000-0067] Proposed Collection; Comment Request Entitled Incentive Contracts AGENCIES: Department of Defense (DOD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA). ACTION: Notice of request for public comments regarding an extension to an existing OMB clearance. ----------------------------------------------------------------------- SUMMARY: Under the provisions of the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35), the Federal Acquisition Regulation (FAR) Secretariat will be submitting to the Office of Management and Budget (OMB) a request to review and approve an extension of a currently approved information collection requirement concerning Incentive Contracts. The clearance currently expires on April 30, 1999. DATES: Comments may be submitted on or before February 22, 1999. ADDRESSES: Comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for reducing this burden, should be submitted to: FAR Desk Officer, OMB, Room 10102, NEOB, Washington, DC 20503, and a copy to the General Services Administration, FAR Secretariat (MVRS), 1800 F Street, NW, Room 4035, Washington, DC 20405. Please cite OMB Control No. 9000-0067, Incentive Contracts, in all correspondence. FOR FURTHER INFORMATION CONTACT: Ralph DeStefano, Federal Acquisition Policy Division, GSA (202) 501-1758. SUPPLEMENTARY INFORMATION: A. Purpose Incentive contracts are normally used when a firm fixed-price contract is not appropriate and the required supplies or services can be acquired at lower costs, and sometimes with improved delivery or technical performance, by relating the amount of profit or fee payable under the contract to the contractor's performance. The information required periodically from the contractor--such as cost of work already performed, estimated costs of further performance necessary to complete all work, total contract price for supplies or services accepted by the Government for which final prices have been established, and estimated costs allocable to supplies or services accepted by the Government and for which final prices have not been established--is needed to negotiate the final prices of incentive- related item and services. The contracting officer evaluates the information received to determine the contractor's performance in meeting the incentive target and the appropriate price revision, if any, for the items or services. [[Page 71100]] B. Annual Reporting Burden The annual reporting burden is estimated as follows: Respondents, 3,000; responses per respondent, 1; total annual responses, 3,000; preparation hours per response, 1; and total response burden hours, 3,000. Obtaining Copies of Proposals Requester may obtain copies of OMB applications or justifications from the General Services Administration, FAR Secretariat (MVRS), Room 4035, Washington, DC 20405, telephone (202) 208-7312. Please cite OMB Control No. 9000-0067, Incentive Contracts, in all correspondence. Dated: December 18, 1998. Edward C. Loeb, Director, Federal Acquisition Policy Division. [FR Doc. 98-34018 Filed 12-22-98; 8:45 am] BILLING CODE 6820-34-P