The NASA Contractor Financial Management Reporting System, utilizing NASA Forms 533M and 533Q, serves as the primary method for contractors to report estimated and incurred costs, crucial for NASA's cost and hour projections. This data is essential for the agency's accrual accounting, cost-based budgeting, and the generation of accounts payable for audited financial statements, ensuring compliance with federal regulations and accounting standards.
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.