In accordance with 5 CFR 1320, the information collection is approved for three years.
Inventory as of this Action
Requested
Previously Approved
10/31/2014
36 Months From Approved
10/31/2011
60
0
100
120
0
200
0
0
0
During the contract closeout process for cost-reimbursement and time-and-materials type contracts, the NRC requires the contractor to execute NRC Form 450, General Assignment. Execution of this form grants to the government all rights, title, and interest to refunds arising out of the contractor performance.
The overall burden has decreased by 80 hours from 200 to 120 hours, because of a reduction in the number of forms received. During the last renewal period, the NRC received 100 forms and during this reporting period the agency received 60 forms, resulting in a reduction of 40 forms. It is anticipated that this trend will continue due to the agency's reduction in the number of cost-reimbursement type contracts.
The cost for professional effort has increased from $258/hr to $259/hr.
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.