The proposed
rule, published in Dec. 1999, engendered significant public
comment. OMB will review the package at the final rule stage after
FERC has completed any revisions to the information
collection.
Inventory as of this Action
Requested
Previously Approved
07/31/2001
05/31/2003
07/31/2001
515
0
515
1,236,000
0
0
0
0
0
The information contained in FERC-555
is required to be retained by parts 125, 225, and 356 of the
Commission's regulations. These records are retained in order to be
reviewed by Commission staff during audits and periodic compliance
reviews. These records serve as the basis for required rate filings
and reports submitted to the Commission. The proposed rule in RM
99-8-000, if adopted, should result in substantial reductions in
burden for retaining records required by the Commission.
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.