Termination Settlement Proposal Forms (SFs 1435 through 1440); FAR Section Affected: SFs 1435 through 1440

Forms and Documents

Document Name	Status
Form SF 1435 Termination Settlement Proposal Forms (SFs 1435 through 1440) FAR Section Affected: Subpart 49.6 Form	Modified
9000-0012 PRA Supporting Statement A 6.3.2025.docx Supporting Statement A	2025-06-16

IC Document Collections

IC ID	Document Title	Status
36400	Termination Settlement Proposal Forms (SFs 1435 through 1440) FAR Section Affected: Subpart 49.6 Form	Modified

ICR Details

OMB Control No: 9000-0012	ICR Reference No: 202504-9000-003
Status: Received in OIRA	Previous ICR Reference No: 202212-9000-002
Agency/Subagency: FAR	Agency Tracking No:
Title: Termination Settlement Proposal Forms (SFs 1435 through 1440); FAR Section Affected: SFs 1435 through 1440
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 06/16/2025

	Requested	Previously Approved
Expiration Date	36 Months From Approved	02/28/2026
Responses	38,059	38,069
Time Burden (Hours)	91,342	91,366
Cost Burden (Dollars)	6,485,254	5,389,162

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Abstract: This clearance covers the information that contractors must submit to comply with the following FAR requirements: ● Standard Forms (SFs) 1435 through 1440. These termination settlement proposal forms are used by all Executive agencies, including the Department of Defense, for settling terminated prime contracts and subcontracts per FAR subpart 49.6, Contract Termination Forms and Formats. The forms provide a standardized format for listing essential cost and inventory information needed to support the terminated contractor’s negotiated position.

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Authorizing Statute(s): None

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	90 FR 14450	04/02/2025
30-day Notice:	Federal Register Citation:	Citation Date:
	90 FR 25273	06/16/2025
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Termination Settlement Proposal Forms (SFs 1435 through 1440) FAR Section Affected: Subpart 49.6	SF 1435, SF 1436, SF 1437, SF 1438, SF 1439, SF 1440	Settlement Proposal (Inventory Basis) ,   Settlement Proposal (Total Cost Basis) ,   Settlement Proposal For Cost - Reimbursement Type Contracts ,   Settlement Proposal (Short Form) ,   Schedule Accounting Information ,   Application For Partial Payment

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ICR Summary of Burden

	Total Request	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	38,059	38,069	0	-10	0	0
Annual Time Burden (Hours)	91,342	91,366	0	-24	0	0
Annual Cost Burden (Dollars)	6,485,254	5,389,162	0	1,096,092	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Miscellaneous Actions

Short Statement: There are no program changes. The FAR requirements remain the same. This extension includes adjustments to the public and Government burden estimates based on the following: ● The estimated cost per hour is based on use of the calendar year 2025 OPM GS wage rate for the rest of the United States.

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Annual Cost to Federal Government: $16,213,134

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 06/16/2025

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