FERC Form 6, Annual Report of Oil Pipeline Companies

ICR 201004-1902-009

OMB: 1902-0022

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supporting Statement A
2010-06-01
Supplementary Document
2010-04-27
Supplementary Document
2010-04-27
IC Document Collections
ICR Details
1902-0022 201004-1902-009
Historical Active 200704-1902-005
FERC FERC Form 6
FERC Form 6, Annual Report of Oil Pipeline Companies
Extension without change of a currently approved collection   No
Regular
Approved with change 06/09/2010
Retrieve Notice of Action (NOA) 04/27/2010
In accordance with 5 CFR 1320, the information collection is approved for 3 years. Upon resubmission, it is suggested the agency update burden estimates.
  Inventory as of this Action Requested Previously Approved
06/30/2013 36 Months From Approved 06/30/2010
166 0 155
26,657 0 28,830
1,767,092 0 0

Under the Interstate Commerce Act (ICA), (49 U.S.C. §§ 1, 20, 54 Stat. 916) [Section 20 at Attachment B], the Commission is authorized and empowered to make investigations and to collect and record data to the extent the Commission may consider to be necessary or useful for the purpose of carrying out the provisions of the Interstate Commerce Act (ICA). The information collected under the requirements of the FERC Form Nos. 6 and 6-Q are used by the Commission to carry out its responsibilities in implementing the statutory provisions of the ICA including the authority to prescribe rules and regulations concerning accounts, records and memoranda as necessary or appropriate. The Commission may prescribe a system of accounts for jurisdictional companies and, after notice and opportunity for hearing may determine the accounts in which particular outlays and receipts will be entered, charged or credited. Financial accounting and reporting provides needed information concerning a company’s past performance and its future prospects. Without reliable financial statements prepared in accordance with the Commission’s Uniform System of Accounts and related regulations, the Commission would be unable to accurately determine the costs that relate to a particular time period, service or line of business. Additionally, it would be difficult to determine whether a given entity has previously been given the opportunity to recover its costs through rates, or to compare how the financial performance and results of the operations of one regulated entity relates to another. The FERC Form Nos. 6 and 6-Q also assist the Commission in overseeing and policing the regulated oil pipeline markets to assist in enforcing the ICA.

US Code: 49 USC 1, 20, 54 Name of Law: Interstate Commerce Act
  
None

Not associated with rulemaking

  75 FR 5061 02/01/2010
75 FR 21623 04/26/2010
Yes

1
IC Title Form No. Form Name
FERC Form 6, Annual Report of Oil Pipeline Companies FERC Form 6 FERC Form 6, Annual Report of Oil Pipeline Companies

  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 166 155 0 0 11 0
Annual Time Burden (Hours) 26,657 28,830 0 0 -2,173 0
Annual Cost Burden (Dollars) 1,767,092 0 0 0 1,767,092 0
No
No
The reason for the change in the reporting burden is the revised and more accurate allocation of hours amongst the three reporting tiers/levels of Form No. 6, and a change in the number of filers completing the entire Form No. 6 and the Form No. 6-Q. The number of Form 6 respondents increased from 155 to 166, but 24 of those respondents are completing a far reduced amount of data (15 hours or 10 hours per response, rather than the 186 estimated hours required to respond to a complete Form 6). [Please note that the approach of using three thresholds for respondents of the FERC Form 6 was implemented in Order No. 620 (issued 12/13/2000) in Docket No. RM99-10. It was a program reduction at that time to ease the filing burdens of the smaller entities. However FERC has not detailed the burdens associated with those tiers of filing responsibilities and, until this submittal, has not reflected that ‘program reduction’ in the burden estimates given to OMB. Because 9 years have passed since Commission Order 620, we are simply calling the burden change a ‘re-estimate’ (rather than a program change).] The number of Form 6Q respondents increased from 138 to 142 (the 142 respondents who also respond to a complete Form 6); the total burden similarly changed. In addition, the cost associated with the industry burden had not previously been included in OMB's ROCIS system and is included here, so it appears as an increase.

$70,465
No
No
No
Uncollected
No
Uncollected
Brian Holmes 202 219-2618

  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.
04/27/2010


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