Accounting, Financial Reporting, and Rate Filing Requirements for Asset Retirement Obligations RM02-7-000et al (Final Rule)

ICR 200304-1902-002

OMB: 1902-0028

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
ICR Details
1902-0028 200304-1902-002
Historical Active 200210-1902-003
FERC
Accounting, Financial Reporting, and Rate Filing Requirements for Asset Retirement Obligations RM02-7-000et al (Final Rule)
Revision of a currently approved collection   No
Regular
Approved without change 07/08/2003
Retrieve Notice of Action (NOA) 04/18/2003
  Inventory as of this Action Requested Previously Approved
07/31/2006 07/31/2006 12/31/2005
57 0 57
85,215 0 84,474
0 0 0

Under RM02-7-000 Major public utilities, licensees and other will have to report asset retirement obligations. As asset retirement obligation (ARO) is a liability resulting from a legal obligation to retire or decommission a plant asset. The purpose of the final rule is to improve the usefulness or financial information submitted to FERC and other users of FERC's financial annual reports.

None
None


No

1
IC Title Form No. Form Name
Accounting, Financial Reporting, and Rate Filing Requirements for Asset Retirement Obligations RM02-7-000et al (Final Rule) 2(910)

  Total Approved 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 57 57 0 0 0 0
Annual Time Burden (Hours) 85,215 84,474 0 741 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected

  No

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.
04/18/2003


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