FERC-60 is in the process of being
renewed, so we are using a temporary information collection no.
(FERC-60A) for the related aspects for FERC-60 of the NOPR and
Final Rule in Docket RM19-12. Final Rule in RM19-12. The Commission
is adopting eXtensible Business Reporting Language (XBRL) as the
standard for filing the Commission Form Nos. 1, 1-F, 2, 2-A, 3-Q
electric, 3-Q natural gas, 6, 6-Q, 60, and 714. The use of XBRL
will make the information in these forms easier for filers to
submit and data users to analyze, and assist in automating
regulatory filings. The Commission believes that transitioning from
the current Visual FoxPro system to XBRL will decrease the costs,
over time, of preparing the necessary data for submission and
complying with future changes to filing requirements set forth by
the Commission. In addition, the Commission is revising its
regulations to require filers of Form No. 1-F to file their report
in electronic media.
FERC is transitioning from the
current use of the VFP software, which is no longer supported by
its developer, to a type of Extensible Markup Language called
eXtensible Business Reporting Language (XBRL). The XBRL standard
would be used to file the Commission’s VFP Forms. The use of XBRL
should make the information in these forms easier for filers and
data users to analyze and assist in automating regulatory filings
and business information processing. In addition, the Commission
believes that transitioning from the current VFP system to XBRL
will decrease the costs, over time, of preparing the necessary data
for submission and complying with future changes to filing
requirements set forth by the Commission. The Commission is also
proposing to revise its regulations to require filers of FERC Form
No. 1-FT (1-F) to file their report in electronic media pursuant to
18 CFR 385.2011.
$184,927
No
No
No
No
No
No
Uncollected
Robert Hudson 202
502-6620
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.