Financial Responsibility for Motor Carriers of Passengers and Motor Carriers of Property

ICR 201606-2126-001

OMB: 2126-0008

Federal Form Document

ICR Details
2126-0008 201606-2126-001
Historical Active 201506-2126-004
DOT/FMCSA
Financial Responsibility for Motor Carriers of Passengers and Motor Carriers of Property
Revision of a currently approved collection   No
Regular
Approved with change 01/03/2017
Retrieve Notice of Action (NOA) 06/27/2016
The agency made changes to correct its burden estimates.
  Inventory as of this Action Requested Previously Approved
01/31/2020 36 Months From Approved 01/31/2017
124,008 0 152,262
4,777 0 4,479
0 0 0

Motor carriers of passengers and property must maintain documentation that proves they have in effect the minimum levels of financial responsibility as set forth in the Federal Motor Carrier Safety Regulations (FMCSRs).

US Code: 49 USC 31139 Name of Law: Motor Carrier Act of 1980
   US Code: 49 USC 31138 Name of Law: Bus Regulatory Reform Act of 1982
  
None

Not associated with rulemaking

  81 FR 9582 02/25/2016
81 FR 40393 06/21/2016
Yes

  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 124,008 152,262 0 0 -28,254 0
Annual Time Burden (Hours) 4,777 4,479 0 0 298 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
This program adjustment increase of 297 estimated annual burden hours was the result of a revision to the Agency estimated filing time for the retention of Insurance Endorsements, offset by a decrease in the estimated number of carriers. In addition, there was a 28,251 decrease in the number of annual responses. This was due to a decrease in the total number of carriers and an increase in the number of vehicles into which new financial responsibility documents are placed each year. The Insurance Endorsement or Surety Bond must be maintained at the motor carrier’s principal place of business. In the previously approved supporting statement, FMCSA assumed that Insurance Endorsements are maintained in the normal course of business, whereas the retention of Surety Bonds would create an additional burden of 1 minute per carrier. As 49 CFR 387.7(d) and 49 CFR 387.31(d) require the retention of both Insurance Endorsements and Surety Bonds, FMCSA has revised that assumption to include an additional burden of 1 minute per carrier for the retention of both Surety Bonds and Insurance Endorsements.

$0
No
No
No
No
No
Uncollected
Tura Gatling 202 385-2412 [email protected]

  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.
06/27/2016


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