Corps Water Infrastructure Financing Program (CWIFP) Applications
New collection (Request for a new OMB Control Number)
No
Regular
Comment filed on proposed rule
03/30/2023
02/10/2023
OMB files this comment in accordance with 5 CFR 1320.11(c). This OMB action is not an approval to conduct or sponsor an information collection under the Paperwork Reduction Act of 1995. This action has no effect on any current approvals. If OMB has assigned this ICR a new OMB Control Number, the OMB Control Number will not appear in the active inventory. For future submissions of this information collection, reference the OMB Control Number provided. In accordance with 5 CFR 1320, OMB is withholding approval at this time. Prior to publication of the final rule, the agency must submit to OMB a summary of all comments related to the information collection contained in the proposed rule and the agency response. The agency should clearly indicate any changes made to the information collection as a result of these comments.
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
36 Months From Approved
0
0
0
0
0
0
0
0
0
The authority for the U.S. Army Corps of Engineers (USACE) CWIFP is Subtitle C of Title V of the Water Resources Reform and Development Act of 2014 (WRRDA), which is referred to as the Water Infrastructure Finance and Innovation Act of 2014 (WIFIA, see also at 33 U.S.C. 3901â3914). 33 U.S.C. 3904 specifies that entities such as corporations, partnerships, joint ventures, trusts, state infrastructure financing authorities, and tribal, state, or local government entities are eligible to receive federal credit assistance under WIFIA. As described in the proposed implementation rule (âCredit Assistance and Related Fees for Water Resources Infrastructure Projectsâ, RIN 0710-AB31) at 33 CFR Part 386, USACE CWIFP involves two sequential collections for eligible entities seeking federal credit assistance: ENG Form 6176, âCWIFP Preliminary Application,â and ENG Form 6177, âCWIFP Application." The Preliminary Application collection is required to validate the eligibility of the prospective borrower and the proposed project, perform a preliminary creditworthiness assessment, perform a preliminary engineering and environmental feasibility assessment, and evaluate the project against the selection criteria and identify which projects USACE will invite to submit a Final Application. The Preliminary Application addresses the CWIFP eligibility criteria, CWIFP selection criteria, and identifies other specific information that must be provided to USACE to be considered for credit assistance. Based on evaluation of the Preliminary Application, USACE will identify those eligible projects which are likely to proceed to closing and invite the prospective borrowers to submit a Final Application. Only those entities who are invited by USACE to submit a Final Application should proceed to complete ENG Form 6177. The Final Application collection is required to provide the information needed to assess the creditworthiness of both the applicant and project, identify the projectâs engineering and financial risk, negotiate the terms and conditions of the credit assistance, and calculate the amount of budget authority that will be needed to fund the project(s).
US Code:
33 USC 3901-3914
Name of Law: Water Infrastructure Finance and Innovation Act of 2014
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.
Form ENG Form 6177 Corps Water Infrastructure Financing Program (CWIFP) Application
0710-0026_SSA_2.10.2023.docx
Corps Water Infrastructure Financing Program (CWIFP) Application