Revolving Loan Fund Reporting and Compliance Requirements

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form ED-209 Semiannual Report	Form and Instruction	Modified	Available
Form ED-209I RLF Income and Expense Statement	Form and Instruction	New	Available
0610.0095.suppstmt.061008.doc	Supporting Statement A	Uploaded 2008-06-10	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
3760	Semiannual Report	Form and Instruction	Modified
185302	RLF Income and Expense Statement	Form and Instruction	New

ICR Details

OMB Control No: 0610-0095	ICR Reference No: 200806-0610-001
Status: Historical Active	Previous ICR Reference No: 200602-0610-002
Agency/Subagency: DOC/EDA	Agency Tracking No:
Title: Revolving Loan Fund Reporting and Compliance Requirements
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 08/26/2008
	Date Received in OIRA: 06/10/2008
Terms of Clearance:

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	08/31/2011	36 Months From Approved	04/30/2009
Responses	2,336	0	2,265
Time Burden (Hours)	4,555	0	23,428
Cost Burden (Dollars)	0	0	0

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Abstract: These information collections are necessary to implement, monitor and enforce the requirements of the Economic Development Administration's RLF program.

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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:
	73 FR 14214	03/17/2008
30-day Notice:	Federal Register Citation:	Citation Date:
	73 FR 32549	06/09/2008
Did the Agency receive public comments on this ICR? Yes

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Number of Information Collection (IC) in this ICR: 2

table that charts list of burden

IC Title	Form No.	Form Name
Semiannual Report	ED-209	Semiannual Report for EDA-funded RLF Grants
RLF Income and Expense Statement	ED-209I	RLF Income and Expense Statement

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ICR Summary of Burden

table that charts list of burden

	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	2,336	2,265	0	71	0	0
Annual Time Burden (Hours)	4,555	23,428	0	-18,873	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

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

Burden Increase Due to: Miscellaneous Actions

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

Burden Reduction Due to: Cutting Redundancy

Short Statement: As part of implementing DOC, Office of the Inspector General recommendations, EDA revised its RLF reporting forms to ensure that the form is suitably integrated into an automated RLF reporting, tracking, monitoring, and management system, and to minimize the paperwork burden on RLF grantees to the extent possible. EDA addressed these issues by creating a web-based grantee reporting system that eliminates all duplicative and calculable fields, as well as using other efficiency measures. The implementation of the web-based system and the creation of one form, instead of two forms, reduced the burden hour by 18,873. The burden increase is because all grantees are required to report on a semi-annual basis instead of yearly.

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Annual Cost to Federal Government: $164,250

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

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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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: 06/10/2008

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