Title XI Obligation Guarantees - 46 CFR Part 298

ICR 202407-2133-004

OMB: 2133-0018

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Form and Instruction
Modified
Supplementary Document
2024-09-23
Justification for No Material/Nonsubstantive Change
2024-07-24
Supplementary Document
2024-07-24
Supporting Statement A
2024-07-24
ICR Details
2133-0018 202407-2133-004
Received in OIRA 202002-2133-001
DOT/MARAD
Title XI Obligation Guarantees - 46 CFR Part 298
Extension without change of a currently approved collection   No
Regular 09/23/2024
  Requested Previously Approved
36 Months From Approved 09/30/2024
5 10
750 1,500
25,000 50,000

In accordance with 46 U.S.C. chapter 537, MARAD is authorized to execute a full faith and credit guarantee by the United States of debt obligations issued to finance or refinance the construction or reconstruction of vessels. In addition, the program allows for financing shipyard modernization and improvement projects Respondents: Individuals/businesses interested in obtaining loan guarantees for construction or reconstruction of vessels as well as businesses interested in shipyard modernization and improvements.

US Code: 46 USC 537 Name of Law: Loans and Guarantees
  
None

Not associated with rulemaking

  89 FR 36847 05/03/2024
89 FR 63247 08/02/2024
No

  Total Request 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 5 10 0 -5 0 0
Annual Time Burden (Hours) 750 1,500 0 -750 0 0
Annual Cost Burden (Dollars) 25,000 50,000 0 -25,000 0 0
No
Yes
Miscellaneous Actions
Since the last renewal, there has been change in the public burden reported in this collection. Specifically, the total respondents and burden hours have reduced from 10 and 1,500 hours in 2021, to 5 respondents and a total of 750 hours respectively in the current renewal. Consequently, the cost burden has also reduced from 50,000 to 25,000.

$483,453
No
    No
    No
No
No
No
No
David Gilmore 202 366-2118 [email protected]

  No

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.
09/23/2024


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