Burden Table

Hour Burden for Collection of Information.xlsx

CCC's Facility Guarantee Program (FGP)

Burden Table

OMB: 0551-0032

Document [xlsx]
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Overview

Question 12 -FGP
Question 14 - Cost of Burden


Sheet 1: Question 12 -FGP

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


A B C D E F G H I
Information Collected 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)
Cost per hour Total Cost to Public
Seller Participation Information 12.00 1.00 12.00 0.50 6.00 12.00 0.08 0.96 6.96 $38.10 $265
U.S. Financial Institution Information 3.00 1.00 3.00 1.00 3.00 3.00 0.08 0.24 3.24 $38.10 $123
Foreign Financial Institution Information 3.00 1.00 3.00 1.00 3.00 3.00 0.08 0.24 3.24 $38.10 $123
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 $38.10 $617
Application for Guarantee - Environmental and Social Screening - Seller 15.00 1.00 15.00 0.50 7.50 15.00 0.08 1.20 8.70 $38.10 $331
Application for Guarantee - Minimal Environmental and Social Assessment - Seller 5.00 1.00 5.00 20.00 100.00 5.00 0.08 0.40 100.40 $38.10 $3,825
Application for Guarantee - Environmental and Social Impact Assessment - Seller 1.00 1.00 1.00 40.00 40.00 1.00 0.08 0.08 40.08 $38.10 $1,527
Application for Guarantee - Initial Application - Seller 10.00 1.00 10.00 4.00 40.00 10.00 0.08 0.80 40.80 $38.10 $1,554
Application for Guarantee - Final Application - Seller 10.00 1.00 10.00 2.00 20.00 10.00 0.08 0.80 20.80 $38.10 $792
Application for Guarantee - Annual Reporting (A) 1.00 4.00 4.00 2.00 8.00 1.00 0.08 0.08 8.08 $38.10 $308
Application for Guarantee - Annual Reporting (B) 5.00 2.00 10.00 1.00 10.00 5.00 0.08 0.40 10.40 $38.10 $396
Amendments to the Payment Guarantee 15.00 1.00 15.00 1.00 15.00 15.00 0.08 1.20 16.20 $38.10 $617
Fees - Seller 35.00 3.00 105.00 0.25 26.25 35.00 0.08 2.80 29.05 $38.10 $1,107
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 $38.10 $221
Evidence of Performance - Seller 10.00 3.00 30.00 1.00 30.00 10.00 0.08 0.80 30.80 $38.10 $1,173
Proof of Entry - Seller 10.00 3.00 30.00 0.50 15.00 10.00 0.08 0.80 15.80 $38.10 $602
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 $38.10 $22
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 $38.10 $82
Dispute Resolutions and Appeals 1 1.00 1.00 1.00 1.00 1 0.16 0.16 1.16 $38.10 $44























SubTotal 18
79.75
163.00
13.2 360.45
$13,733













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.

Sheet 2: Question 14 - Cost of Burden

FGP
Job Position Task % of time Grade Salary Cost
Director, CrPD Final review/approval of applications 5 15 $168,282 $8,414
Deputy Director, CrPD Final review/approval of applications 5 14 $143,064 $7,153
Branch Chief, ROB Final review/approval of applications 10 14 $143,064 $14,306
AMS - ROB Review/analysis of applications (all stages) 10 13 $121,065 $12,107
Financial Asst. - ROB Review of evidence of performance 2 7 $57,393 $1,148






AMS - PAB Review/analysis of applications (all stages) 10 13 $121,065 $12,107
AMS - PAB Review/analysis of applications (all stages) 10 13 $121,065 $12,107






Branch Chief, RAM Financial institution and project review 2 14 $143,064 $2,861
Intl Economist - RAM Financial institution and project review 5 13 $121,065 $6,053
FA - RAM Financial institution and project review 5 13 $121,065 $6,053





General Sales Manager Policy review/approval of applications 1 ES $165,300 $1,653
OGA - Commodity Analyst Input on benefit to U.S. ag exports 2.5 14 $143,064 $3,577
OGA - Commodity Analyst Input on benefit to U.S. ag exports 2.5 13 $121,065 $3,027
OCBD - AMS Input on ag sector in developing country 2 13 $121,065 $2,421






Environmental Consultant Review environmental assessments


$50,000





TOTAL:



$142,986






AMS = Ag Marketing Specialist




FA = Financial Analyst




PA = Program Assistant










FY 2022 Step 5 salary used for each grade.






Assumptions based on the number of expected applications, etc. from burden estimate table.
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