FERC-549E, Price Index Data Providers and Developers (PL20-3)

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
15 USC 33 (3301-3432).pdf	Supplementary Document	Uploaded 2022-12-01	Repair queued
15 USC 717.pdf	Supplementary Document	Uploaded 2022-12-01	Repair queued
PL20-3 (Published) 12-23-2020.pdf	Supplementary Document	Uploaded 2022-11-23	Repair queued
eCFR __ 18 CFR Part 284 -- Certain Sale...pdf	Supplementary Document	Uploaded 2022-11-23	Repair queued
PL20-3-000 Correction Order (Issued).docx	Supplementary Document	Uploaded 2022-11-23	Repair queued
PL20-3 (published).pdf	Supplementary Document	Uploaded 2022-11-23	Repair queued
PL20-3 (Issued).docx	Supplementary Document	Uploaded 2022-11-23	Repair queued
NEWS Release-G-1 Price Indices 042122 FINAL.pdf	Supplementary Document	Uploaded 2022-11-23	Repair queued
PL20-3 Supporting Statement (FERC-552 and FERC-549E).docx	Supporting Statement A	Uploaded 2022-12-01	Repair queued

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
257090	FERC-549E Price Index Developers Identify assessed index price vs. calculated		New
257089	FERC-549E Price Index Developers Code of Conduct, Confident., and inform Customers		New
257088	FERC-549E Price Index Developers re-certify 7yrs		New
257087	FERC-549E Data Providers (and their affiliates) - perform biennial self-audit		New
257086	FERC-549E Data Providers (and their affiliates) Next Month Transactions		New
257085	FERC-549E Data providers (and their affiliates) (Next Day Transactions)		New

ICR Details

OMB Control No: 1902-0328	ICR Reference No: 202210-1902-009
Status: Historical Active	Previous ICR Reference No:
Agency/Subagency: FERC	Agency Tracking No: FERC-549E
Title: FERC-549E, Price Index Data Providers and Developers (PL20-3)
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved with change	Conclusion Date: 06/15/2023
Retrieve Notice of Action (NOA)	Date Received in OIRA: 12/01/2022
Terms of Clearance: For the next renewal the agency will reexamine the burden estimates for accuracy and specifically solicit public comment on these estimates.

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	06/30/2026	36 Months From Approved
Responses	24,893	0	0
Time Burden (Hours)	104,701	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: The Commission set forth standards for price index developers to demonstrate that their internal processes were sufficient to qualify as a Commission-approved price index developer and, thus, have their price indices referenced in Commission-jurisdictional tariffs. Price index developers seeking approval voluntarily provided written statements to the Commission to explain how they met these standards. The Commission used the information collected from these price index developers to determine whether the Commission would approve the use of their indices in Commission-jurisdictional tariffs. After the Initial Policy Statement was issued thirteen price index developers sought approval. Beginning six months after the effective date of this revision, interstate natural gas pipelines and public utilities proposing to use price indices in jurisdictional tariffs will no longer be entitled to the rebuttable presumption that a price index developer’s price indices produce just and reasonable rates unless the price index developer has obtained approval or re-approval from the Commission within the last seven years.

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Authorizing Statute(s): US Code: 15 USC 717c Name of Law: Natural Gas Act
   US Code: 15 USC 3371 Name of Law: Natural Gas Policy Act
   US Code: 15 USC 717c Name of Law: Natural Gas Act
  

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:
	85 FR 83940	12/23/2020
30-day Notice:	Federal Register Citation:	Citation Date:
	87 FR 25237	04/28/2022
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 6

table that charts list of burden

IC Title	Form No.	Form Name
FERC-549E Data Providers (and their affiliates) - perform biennial self-audit
FERC-549E Data Providers (and their affiliates) Next Month Transactions
FERC-549E Data providers (and their affiliates) (Next Day Transactions)
FERC-549E Price Index Developers Code of Conduct, Confident., and inform Customers
FERC-549E Price Index Developers Identify assessed index price vs. calculated
FERC-549E Price Index Developers re-certify 7yrs

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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	24,893	0	0	24,893	0	0
Annual Time Burden (Hours)	104,701	0	0	104,701	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: Changing Regulations

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

Burden Reduction Due to:

Short Statement: The new collection includes an estimate of 249 respondents for data providers and 6 respondents for price index developers. The table shows the total burden of the collection of information. The format, labels, and definitions of the table follow the ROCIS submission system’s “Information Collection Request Summary of Burden” for the metadata.

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Annual Cost to Federal Government: $1,634,406

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: 12/01/2022

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