Cost to the Federal Goverment

FedGovCost - march 23 2011.DOC

7 CFR 4290, Rural Business Investment Program

Cost to the Federal Goverment

OMB: 0570-0051

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The annual burden to the Federal Government per hour per form is calculated in the following table:


(A)

Information Collection subject to

PRA

(B)


Title

(C)

Description of

Respondents

(D)

Total

Responses

(E)

Total Hours of Review Necessary Per Employee Per Form

(F)

Total Number of Employees Needed


Federal Government

(G)

Cost Per Hour

(H)

Cost Per Year
(Columns D x E x F x G)

APPLICATION







SBA 2241

RBIC application MAQ, part I

RBIC APP

0

18

6

$48.35

$0

SBA 2242

RBIC application, part II

RBIC APP

0

20

6

$48.35

$0

SBA 2243

Interview Questions

RBIC APP

0

20

6

$48.35

$0

PRE FINAL APPROVAL








SBA 34

Bank identification

RBIC

0

.25

1

$48.35

$0

SBA 159

Compensation agreement

RBIC

0

.5

1

$48.35

$0

SBA 2244

Disclosure of third party debt

RBIC

0

.25

1

$48.35

$0

SBA 2245

Request for Approval of Management Services Fees

RBIC

0

20

1

$48.35

$0

TOTAL ANNUAL BURDEN FOR APPLICATION (one year)

0

0

0




RBIC FUNDING & REPORTING








SBA 468

Annual financial report

RBIC

1

16

1

$48.35

$773.60

SBA 468

Annual financial report - short form

RBIC

4

8

1

$48.35

$1,547.20

SBA 468

Schedules

RBIC

4

8

1

$48.35

$1,547.20

SBA 1031

Portfolio financing report

RBIC

45

.25

1

$48.35

$543.94

SBA 480

Size status declaration

RBIC

45

.25

1

$48.35

$543.94

SBA 2246

Amendment to RBIC application

RBIC

9

.25

1

$48.35

$108.79

SBA 2247

Instruction for RBIC draw application

RBIC

12

1.5

1

$48.35

$870.30








(A)

Information Collection subject to

PRA

(B)


Title

(C)

Description of

Respondents

(D)

Total

Responses

(E)

Total Hours of Review Necessary Per Employee Per Form

(F)

Total Number of Employees Needed


Federal Government

(G)

Cost Per Hour

(H)

Cost Per Year
(Columns D x E x F x G)

OA GRANT FUNDING & REPORTING








SF 269

Financial status report

RBIC

4

1.5

1

$63.12

$378.72

SF 270

Request for advance or reimbursement

RBIC

4

1.5

1

$63.12

$378.72

SF 272

Federal cash transaction report

RBIC

4

1.5

1

$63.12

$378.72

SF 424

Application for Federal Assistance

RBIC

0

2

1

$84.16

$0

SF 424A

Budget Information

RBIC

0

.15

1

$63.12

$0

SF 424B

Assurances

RBIC

0

.25

1

$10.52

$0

[no form #]

Detailed expenditures

RBIC

4

1.5

1

$63.12

$378.72

SBA 2248

OA grant performance report

RBIC

2

2

1

$84.16

$336.64

TOTAL ANNUAL BURDEN FOR FUNDING AND REPORTING

192

46

15


$7,786.49



2


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