Given that payment bonds (in conjunction with performance bonds) are used to secure the contractor's obligations (thereby assuring that payments are made to subcontractors and vendors under the contract), the requester will use information on payment bonds to determine whether to engage in business with that prime contractor.
None
$0
Lyudmila Bond 202 916-2622 lbond@usaid.gov
IC Title
Status
Responses
Hours
Dollars
Document Type
Form No.
Form Name
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
8
0
0
8
0
0
Annual Time Burden (Hours)
3
0
0
3
0
0
Annual Cost Burden (Dollars)
155
0
0
155
0
0
Yes
Miscellaneous Actions
No
This is the agency's first time having to record its own burden for these common forms.