FERC-60 (“Annual Reports Of Centralized Serv. Cos.”), FERC–61 (“Narrative Desc. Of Serv. Co. Functions”), & FERC-555A (“Preserv. of Records for Serv. Cos. Subject to PUHCA2005)

Forms and Documents

Document Name	Status
Form FERC-60 FERC-60, Annual Report for Centralized Service Companies Form and Instruction	Modified
Supporting Statement RM09-21Final Rule.doc Supporting Statement A	2009-12-28

IC Document Collections

IC ID	Document Title	Status
45927	FERC-61, Narrative Description of Service Company Functions	Unchanged
45926	FERC-555A, Preservation of Records for Service Companies Subject to PUHCA	Unchanged
23261	FERC-60, Annual Report for Centralized Service Companies Form and Instruction	Modified

ICR Details

OMB Control No: 1902-0215	ICR Reference No: 200912-1902-006
Status: Historical Active	Previous ICR Reference No: 200909-1902-001
Agency/Subagency: FERC	Agency Tracking No: FERC-60, -61, & -555A
Title: FERC-60 (“Annual Reports Of Centralized Serv. Cos.”), FERC–61 (“Narrative Desc. Of Serv. Co. Functions”), & FERC-555A (“Preserv. of Records for Serv. Cos. Subject to PUHCA2005)
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: 01/28/2010
	Date Received in OIRA: 12/28/2009
Terms of Clearance: In accordance with 5 CFR 1320, the information collection is approved for 3 years.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	01/31/2013	36 Months From Approved	02/28/2010
Responses	339	0	404
Time Burden (Hours)	326,851	0	327,371
Cost Burden (Dollars)	6,696,000	0	6,696,000

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Abstract: In a Notice of Proposed Rulemaking ("NOPR"); issued 9/17/09 and a subsequent Final Rule, issued 12/17/09 in FERC Docket No. RM09-21-000) and corresponding submissions to OMB, affect only FERC FERC-60. There are no changes to the requirements or burden for other information collection requirements (FERC-61 and FERC-555A) under this control no. FERC is revising the Commission’s regulations at 18 CFR 366.1, 366.23, 367.1, and 367.2 to require every centralized service company that provides non-power services to a public utility, a natural gas company, or both, to file FERC Form No. 60 (Annual Report of Centralized Service Companies) annually and to abide by the Uniform System of Accounts, unless the holding company is exempted or granted a waiver pursuant to 18 CFR 366.3 or 366.4. [FERC is not making any revisions to the regulatory text of 18 CFR Part 368 or 18 CFR 369.1, because the current text already is consistent with the proposals in this rule.] In both the Notice and Final Rule, FERC is requiring that FERC Form No. 60 as it exists now also be filed by centralized service companies in holding company systems that include natural gas companies (where there is not also a public utility), and that the Uniform System of Accounts as it currently exists now also apply to centralized service companies in holding company systems (where there is not also a public utility); in holding company systems where there already is a public utility, these requirements already apply. The number of companies that now would be subject to these requirements (that were not subject to these requirements before) is relatively small, since most holding companies include only public utilities or include both public utilities and natural gas companies and so would already be subject to these requirements. The Commission believes that this revision promotes transparency and is consistent with the Commission’s regulatory obligation to regulate public utilities under the Federal Power Act (FPA) and natural gas companies under the Natural Gas Act (NGA) to ensure that rates are just and reasonable. It also better tracks the Commission’s intent in prior orders directing the filing of FERC Form No. 60.

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Authorizing Statute(s): US Code: 42 USC 16451 et seq. Name of Law: Public Utility Holding Company Act of 2005 (PUHCA 2005)
   PL: Pub.L. 109 - 58 1261-1277 Name of Law: Energy Policy Act of 2005
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
1902-AD86	Final or interim final rulemaking	74 FR 68526	12/28/2009

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 3

IC Title	Form No.	Form Name
FERC-60, Annual Report for Centralized Service Companies	FERC-60	FERC-60 (Annual Reports Of Centralized Service Companies)
FERC-61, Narrative Description of Service Company Functions
FERC-555A, Preservation of Records for Service Companies Subject to PUHCA

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ICR Summary 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	339	404	0	0	-65	0
Annual Time Burden (Hours)	326,851	327,371	0	0	-520	0
Annual Cost Burden (Dollars)	6,696,000	6,696,000	0	0	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: No

Burden Reduction Due to:

Short Statement: The number of companies that are now subject to these requirements as a result of this Final Rule, (that were not subject to these requirements before) is relatively small, since most holding companies include only public utilities or include both public utilities and natural gas companies and so would already be subject to these requirements. Additionally, further analysis has revealed a decrease in the number of companies that must filed the FERC Form 60 in contrast to the Commission’s estimates in Order No. 667. While, there is no change to the Commission’s reporting requirements, the Commission is revising it estimates to adjust for the change in the status of holding company systems, and the Commission is modifying its estimates accordingly.

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Annual Cost to Federal Government: $358,202

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)? No

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: 12/28/2009

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