# Federal Acquisition Regulation; Submission for OMB Review; Bankruptcy
**AGENCIES:**
Department of Defense (DOD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA).
**ACTION:**
Notice of request for an extension to an existing OMB clearance.
**SUMMARY:**
Under the provisions of the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35), the Federal Acquisition Regulation (FAR) Secretariat has submitted to the Office of Management and Budget (OMB) a request to review and approve an extension of a currently approved information collection requirement concerning bankruptcy. A request for public comments was published at 67 FR 6236, February 11, 2002. No comments were received.
**DATES:**
Submit comments on or before May 22, 2002.
**ADDRESSES:**
Submit comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for reducing this burden to: FAR Desk Officer, OMB, Room 10102, NEOB, Washington, DC 20503, and a copy to the General Services Administration, FAR Secretariat (MVP), 1800 F Street, NW., Room 4035, Washington, DC 20405. Please cite OMB Control No. 9000-0108, Bankruptcy, in all correspondence.
**FOR FURTHER INFORMATION CONTACT:**
Linda Klein, Acquisition Policy Division, GSA (202) 501-3775.
**SUPPLEMENTARY INFORMATION:**
**A. Purpose**
Under statute, contractors may enter into bankruptcy which may have a significant impact on the contractor's ability to perform its Government contract. The Government often does not receive adequate and timely notice of this event. The clause at 52.242-13 requires contractors to notify the contracting officer within five days after the contractor enters into bankruptcy.
**B. Annual Reporting Burden**
*Respondents:* 1,000.
*Responses Per Respondent:* 1.
*Annual Responses:* 1,000.
*Hours Per Response:* 1.
*Total Burden Hours:* 1,000.
**C. Annual Recordkeeping Burden**
*Recordkeepers:* 1,000.
*Hours Per Recordkeeper:* .25.
*Total Recordkeeping Burden Hours:* 250.
**Obtaining Copies of Proposals**
Requesters may obtain a copy of the information collection documents from the General Services Administration, FAR Secretariat (MVP), Room 4035, 1800 F Street, NW, Washington, DC 20405, telephone (202) 501-4755. Please cite OMB Control No. 9000-0108, Bankruptcy, in all correspondence.
Dated: April 16, 2002.
Al Matera,
Director, Acquisition Policy Division.