7 CFR 1744-C Advance and Disbursement of Funds

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form RUS form 481 Financial Requirement Statement	Form	Modified	Repair queued
Form RUS form 481 7 CFR 1744-C Advance and Disbursement of Funds	Form	Modified	Repair queued
42139-42140 2022-15080.pdf	Supplementary Document	Uploaded 2022-09-12	Repair queued
2022- Form 36 Summary of Burden1.xlsx	Supplementary Document	Uploaded 2022-09-12	Repair queued
Supporting Statement -0572-0023 final v.1 clean.docx	Supporting Statement A	Uploaded 2022-09-12	Repair queued

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
43524	7 CFR 1744-C Advance and Disbursement of Funds	Form	Modified	Financial Requirement Statement
43524	7 CFR 1744-C Advance and Disbursement of Funds	Form	Modified
43524	7 CFR 1744-C Advance and Disbursement of Funds	Other-No forms	Modified

ICR Details

OMB Control No: 0572-0023	ICR Reference No: 202201-0572-001
Status: Active	Previous ICR Reference No: 202105-0572-001
Agency/Subagency: USDA/RUS	Agency Tracking No:
Title: 7 CFR 1744-C Advance and Disbursement of Funds
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 01/13/2025
Retrieve Notice of Action (NOA)	Date Received in OIRA: 11/03/2022
Terms of Clearance: In accordance with 5 CFR 1320, the information collection is approved for three years. The agency is required to display the OMB Control Number and inform respondents of its legal significance in accordance with 5 CFR 1320.5(b).

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	01/31/2028	36 Months From Approved	01/31/2025
Responses	571	0	433
Time Burden (Hours)	616	0	480
Cost Burden (Dollars)	0	0	0

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Abstract: The RUS manages the Telecommunications loan program and Rural Broadband Access, to provide loans and loan guarantees to fund the cost of construction, improvement, or acquisition of facilities and equipment for the provision of broadband service in eligible rural communities. RUS therefore requires Telecommunications and Broadband borrowers to submit Form 481, Financial Requirement Statement. This form implements certain provisions of the standard Rural Utilities Service loan documents by setting forth requirements and procedures to be followed by borrowers in obtaining advances and making disbursements of loan funds..

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Authorizing Statute(s): US Code: 7 USC 901 et seq., as amended Name of Law: Rural Electrification Act of 1936
   PL: Pub.L. 101 - 171 Title VI Name of Law: Farm Security and Rural Investment Act of 2002
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	87 FR 42139	07/14/2022
30-day Notice:	Federal Register Citation:	Citation Date:
	87 FR 65732	11/01/2022
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

table that charts list of burden

IC Title	Form No.	Form Name
7 CFR 1744-C Advance and Disbursement of Funds	RUS form 481	Financial Requirement Statement

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ICR Summary of Burden

table that charts list of burden

	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	571	433	0	138	0	0
Annual Time Burden (Hours)	616	480	0	136	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: This is a revision of a previously approved collection. The total burden has been increased because of the added benefit amount in the calculation however there are fewer number of respondents due to the availability of the Reconnect program during the years 2019, 2020, and 2021. This trend is expected to continue under the covered current REA Infrastructure Telecom Loan Program and the Farm Bill Broadband Loan Program. The quantity of new program applications and loan awards, and the construction maturity stages of current projects are contributing to this trend. Costs of labor for public and government employees have been updated to the current published wage rates.

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Annual Cost to Federal Government: $23,377

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 11/03/2022

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