The NASA Contracting Financial Reporting System is the basic financial medium for contractor reporting of estimated and incurred costs. The information collected provides NASA with data necessary to project costs and ensure Contractor performance is planned and Reports are necessary supported by dollar and labor resources. The data provided by these reports is an integral part of the Agency's accrural accounting and cost-based budgeting systems required under 31 U.S.C3512(e).
US Code:
31 USC 3512
Name of Law: Executive agency accounting and other financial management reports and plans
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.