Burden Hour Table

FINAL FGP Prop Rule Burden Hour Table 5_20_15.xlsx

CCC's Facility Guarantee Program (FGP)

Burden Hour Table

OMB: 0551-0032

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Question #12: Hour Burden for Collection of Information, Facility Guarantee Program

A B C D E F G H I
Section of Regulations Information Collected in FY 2014 Number of respondents Estimated annual responses per respondent Total annual responses
(A x B)
Estimated hours per response Total annual burden hours
(C x D)
Number of Recordkeepers Annual hours per Recordkeeper Total annual recordkeeping hours
(F x G)
TOTAL ANNUAL BURDEN
(E + H)











1493.220 Seller Participation Information 12.00 1.00 12.00 0.50 6.00 12.00 0.08 0.96 6.96











1493.230 U.S. Financial Institution Information 3.00 1.00 3.00 1.00 3.00 3.00 0.08 0.24 3.24











1493.240 Foreign Financial Institution Information 3.00 1.00 3.00 1.00 3.00 3.00 0.08 0.24 3.24











1493.260 Application for Guarantees - Letter of Interest (Optional) - Seller 15.00 1.00 15.00 1.00 15.00 15.00 0.08 1.20 16.20











1493.260 Application for Guarantee - Environmental Impact Statement - Seller 10.00 1.00 10.00 2.00 20.00 10.00 0.08 0.80 20.80











1493.260 Application for Guarantee - Initial Application - Seller 10.00 1.00 10.00 4.00 40.00 10.00 0.08 0.80 40.80











1493.260 Application for Guarantee - Final Application - Seller 10.00 1.00 10.00 2.00 20.00 10.00 0.08 0.80 20.80











1493.300 Fees - Seller 35.00 3.00 105.00 0.25 26.25 35.00 0.08 2.80 29.05











1439.310 Assignment of Payment Guarantee - Seller, U.S. Financial Institution 10.00 1.00 10.00 0.50 5.00 10.00 0.08 0.80 5.80











1493.320 Evidence of Performance - Seller 10.00 3.00 30.00 1.00 30.00 10.00 0.08 0.80 30.80











1493.340 Proof of Entry - Seller 10.00 3.00 30.00 0.50 15.00 10.00 0.08 0.80 15.80










1493.350 Notice of Default - Seller or U.S. Financial Institution 1.00 1.00 1.00 0.50 0.50 1.00 0.08 0.08 0.58











1493.360 Claims for Default - Seller or U.S. Financial Institution 1.00 1.00 1.00 2.00 2.00 1.00 0.16 0.16 2.16











1493.390 Dispute Resolutions and Appeals 1 1.00 1.00 1.00 1.00 1 0.16 0.16 1.16





















SubTotal 18
241.00
186.75
1.3 10.64 197.39












Total









.08 = 5 mins .50 = 30 mins






.16 = 10 mins .75 = 45 mins


.25 = 15 mins 1 = 60 mins











Assumptions:



Seller qualification - assumes 12 new sellers not already approved under GSM-102
U.S. FI qualification - assumes 3 new banks not already approved under GSM-102
Fees required for each letter of interest, initial application, and final application.
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