Contruction contract must include
certain payment clauses in sucontractors with payment dates and
interest payments for late payments. Government must be notified
when payment withholding occurs.
This submission requests an
extension of OMB approval of an information collection requirement
in the FAR. The information collection requirement in the FAR
remains unchanged. However, data from the Federal Procurement Data
System (FPDS) regarding fixed price construction contracts for FY
2011 revealed that the number of affected contracts has been
reduced. This decrease has been partially offset by an increase in
the applicable average hourly rate to both the public and
Government from $23.94 from in the previous OMB approval to the
current $48.95.
$0
No
No
No
No
No
Uncollected
Edward Chambers
2025013221
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.