Notice of Agency Report Forms Under OMB Review

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

Notice of Agency Report Forms Under OMB Review

[Notice 96-131]

AGENCY: National Aeronautics and Space Administration (NASA).

ACTION: Notice of agency report forms under OMB review.

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SUMMARY: The National Aeronautics and Space Administration, as part of

its continuing effort to reduce paperwork and respondent burden,

invites the general public and other Federal agencies to take this

opportunity to comment on proposed and/or continuing information

collections, as

[[Page 55173]]

required by the Paperwork Reduction Act of 1995 (Pub. L. 104-13; 44

U.S.C. 3506(c)(2)(A)). The NASA Contractor Financial Management

Reporting System has provided the Agency with essential data for

project management, budget planning and cost accruals for many years.

Recent changes to the System eliminated the requirement for the NASA

Form 533P, performance analysis report, provided for approval of

exceptions from the standard reporting requirements at NASA Centers,

rather than Headquarters, extended the period for submission of the

initial report from 10 to 30 days after authorization to proceed,

permitted the waiver of NF 533Q reporting for certain contracts where

NF 533M reporting provides adequate information and eliminated the

requirement that prime contractors use the NF 533 formats for

subcontractor reporting. The data required on the reports are to be a

product of contractors' existing accounting and management systems. The

estimated annual burden hours reflect the expected impact of these

changes, as well as comprehensive training on NF 533 reporting

presented to NASA's contractors over the past two years. Comments

should address contractors' estimates of hours required to prepare the

NF 533M and NF 533Q reports.

DATES: Written comments should be received on or before December 23,

1996.

ADDRESSES: Direct all written comments to Philip T. Smith, National

Aeronautics and Space Administration, Code BFZ, Washington, DC 20546-

0001. All comments will become a matter of public record and will be

summarized in NASA's request for Office of Management and Budget (OMB)

approval.

FOR FURTHER INFORMATION CONTACT:

Bessie B. Berry, NASA Reports Officer, (202) 358-1368.

Reports

Title: NASA Contractor Financial Management Reports.

OMB Number: 2700-0003.

Type of Request: Extension.

Need and Uses: Contractors must report planned and actual costs on

NASA Forms 533M/533Q so NASA can plan, monitor, and control program/

project resources, evaluate contractor performance, and accurately

accrue cost in the accounting system and financial statements.

Affected Public: Business or other for profit, not-for-profit

institutions.

Number of Respondents: 900.

Responses Per Respondent: 12.

Annual Responses: 10,800.

Hours Per Request: 9.

Annual Burden Hours: 97,200.

Frequency of Report: Monthly and quarterly.

Russell S. Rice,

Director, IRM Division.

[FR Doc. 96-27199 Filed 10-23-96; 8:45 am]

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