This information collection associated with this proposed rule is not approved at this time. The agency shall examine public comment in response to the NPRM and will describe in the preamble of the final rule how the agency has maximized the practical utility of the collection and minimized the burden.
Inventory as of this Action
Requested
Previously Approved
02/28/2009
36 Months From Approved
04/30/2009
125
0
125
2,213
0
2,213
151,000
0
151,000
The financing being made available under the Railroad Rehabilitation and Improvement Financing Program will provide economic, safety, and environmental benefits.
The total burden has increased by 3,200 hours from the previous submission. The increase is due to three program changes and one adjustment. Specifically, there were three new requirements included under section 260.23 (p-r). These three program changes increased the burden by 3,250 hours.
There was also one adjustment. Under section 260.25, FRA revised (decreased) the number of applicants without a credit rating (from 14 to 13). This change in estimate decreased the burden by 50 hours (from 700 hours to 650 hours).
The current OMB inventory shows a total of 2,213 hours, while this present submission reflects a total of 5,413 hours. Hence, there is an increased in burden of 3,200 hours.
There is also a change in cost to respondents from the last submission. This reduction is an adjustment due to the elimination of the start-up and capital costs for a firm such as Ernst and Young, Inc., to develop a Credit Risk Assessment Model. The previous submission showed a total cost to respondents of $151,222 while this present submission exhibits a cost to respondents of $1,222. Hence, there is a decrease in cost to respondents of $150,000.
$1,222
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Joseph Pomponio 202 366-0616
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.