[Federal Register Volume 75, Number 70 (Tuesday, April 13, 2010)]
[Notices]
[Pages 18835-18836]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-8031]
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DEPARTMENT OF DEFENSE
GENERAL SERVICES ADMINISTRATION
NATIONAL AERONAUTICS AND SPACE ADMINISTRATION
[OMB Control No. 9000-0168; Docket 2010-0083; Sequence 20]
Submission for OMB Review; American Recovery and Reinvestment
Act--One-Time Reporting, Compensation Requirements
AGENCY: Department of Defense (DOD), General Services Administration
(GSA), and National Aeronautics and Space Administration (NASA).
ACTION: Notice of request for comments regarding an extension to an
existing OMB clearance (9000-0168).
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SUMMARY: Under the provisions of the Paperwork Reduction Act of 1995
(44 U.S.C. chapter 35), the Federal Acquisition Regulation, Regulatory
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 the one-time
reporting, compensation requirements. A request for public comments was
published in the Federal Register at 74 FR 14639, on March 31, 2009.
Public comments are particularly invited on: Whether this
collection of information is necessary for the proper performance of
functions of the FAR, and whether it will have practical utility;
whether our estimate of the public burden of this collection of
information is accurate, and based on valid assumptions and
methodology; ways to enhance the quality, utility, and clarity of the
information to be collected; and ways in which we can minimize the
burden of the collection of information on those who are to respond,
through the use of appropriate technological collection techniques or
other forms of information technology.
DATES: Submit comments on or before May 13, 2010.
ADDRESSES: Submit comments regarding this burden estimate or any other
aspect of this collection of information, including suggestions for
reducing this burden to: FAR Desk Officer, OMB, Room 10102, NEOB,
Washington, DC 20503, and a copy to the Regulatory Secretariat (MVCB),
General Services Administration, 1800 F Street, NW., Room 4041,
Washington, DC 20405. Please cite OMB Control No. 9000-0168, American
Recovery and Reinvestment Act--One-time Reporting, Compensation
Requirements, in all correspondence.
FOR FURTHER INFORMATION CONTACT: Mr. Ernest Woodson, Procurement
Analyst, Contract Policy Branch, at telephone (202) 501-3775 or via e-
mail to [email protected].
SUPPLEMENTARY INFORMATION:
A. Purpose
A one-time reporting elements for prime contractors and first-tier
subcontractors to publicly disclose the names and total compensation of
each of the contractor's or first-tier subcontractor's five most highly
compensated officers, for the calendar year in which the award was made
((i)(2) and (i)(4)(ix)) (see applicability requirements in (i)(2) and
(i)(4)(ix)). The parenthetical reference after each reporting element
description refers to the FAR clause.
While Section 1512(c)(4) requires reporting on all FFATA data
elements, including the compensation information, it limits the prime's
[[Page 18836]]
reporting responsibility to first-tier subcontractors that meet the
applicability requirements. The FAR clause requires this compensation
disclosure for prime contractors as well because to exclude prime
contractors while requiring disclosure for first-tier subcontractors
would be unsupportable given the transparency goals of both FFATA and
the Recovery Act.
There are likely to be some prime contractors that already provide
public access to the compensation of senior executives through periodic
reports filed under section 13(a) or 15(d) of the Securities Exchange
Act of 1934 or section 6104 of the Internal Revenue Code of 1986. For
purposes of this analysis, the Government estimates 15% of prime
contractors already provide such public access. There are also likely
to be some first-tier subcontractors that do not meet either of the
revenue thresholds for applicability. For purposes of this analysis,
the Government estimates 25 percent of first-tier subcontractors will
not have to disclose compensation information because they do not meet
the revenue thresholds.
The hours estimated per response include the time for reviewing
instructions, searching existing data sources, gathering the data, and
completing the collection of information.
B. Annual Reporting Burden
Respondents: 82,198.
Responses per Respondent: 1.25.
Total Annual Reponses: 102,747.
Hours per Response: 3.
Total Burden Hours: 308,242.
Obtaining Copies of Proposals: Requesters may obtain a copy of the
information collection documents from the General Services
Administration, Regulatory Secretariat (MVCB), 1800 F Street, NW., Room
4041, Washington, DC 20405, telephone (202) 501-4755. Please cite OMB
Control No. 9000-0168, American Recovery and Reinvestment Act--One-time
Reporting, Compensation Requirements, in all correspondence.
Dated: April 1, 2010.
Al Matera,
Director, Acquisition Policy Division.
[FR Doc. 2010-8031 Filed 4-12-10; 8:45 am]
BILLING CODE 6820-EP-P