Upon the request of a prospective subcontractor, or supplier, offering to furnish labor or material under a construction contract, for which a payment bond has been furnished pursuant to 40 U.S.C. 31, the contractor shall promptly provide a copy of such payment bond to the requestor.
This submission reflects three changes. First, the administrative cost to the Government is removed (given that the information collection is between a prime contractor and its potential subcontractors). Secondly, the estimate of companies performing as subcontractors under construction contracts was updated to reflect the FY 2015 data. Finally, the applicable average hourly rate was increased to $57 (the current GS-12 Step 5 rate plus 36% in fringe benefits).
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.