Financial Responsibility for Water Pollution (Vessels)

U.S. DEPARTMENT OF HOMELAND SECURITY U.S. COAST GUARD

Certificates of Financial Responsibility under the Oil Pollution Act of 1990

OMB No. 1625-0046 Exp: 03/31/2019

Who must comply?	The requirements are imposed generally on operators and financial guarantors of vessels over 300 gross tons.
What is this collection about?	The information collection requirements are necessary to provide evidence of a respondent’s ability to pay for removal costs and damages associated with discharges or substantial threats of discharges of hazardous material or oil into the navigable waters, adjoining shorelines or the exclusive economic zone of the United States.
Where do I find the requirements for this information?	33 CFR part 138, 33 USC. 2716, 42 USC. 9608.
When must information be submitted to the Coast Guard?	At least 21 days prior to the date the Certificate is required.
How is the information submitted?	Information is submitted via E-COFR, email (for approved insurers) and paper application. The CG-5586 must be submitted by mail.
What happens when complete information is received?	A Certificate of Financial Responsibility is issued once the CG 5585 application, supporting documentation, fees and guaranty are received. In the case of the CG-5586 the form is used as evidence of financial responsibility of the financial guarantor, insurer, or self insurer of a vessel or vessels operated by a vessel operator.
For additional information, contact--	Kevin Bailey (202) 795-6124

An agency may not conduct or sponsor, and a person is not required to respond to a collection of information unless it displays a valid OMB control number.

The Coast Guard estimates the burden per response for this report is 1 hour. You may submit any comments concerning the accuracy of this burden estimate or any suggestions for reducing the burden to: Director, National Pollution Funds Center, U.S. Coast Guard STOP 7100, 4200 Wilson Blvd Ste 1000, Arlington VA 20598-7100