SURETY APPLICATION PROCESS

Forms and Documents

Document Name	Status

No forms / supporting documents in this ICR. Check IC Document Collections.

IC Document Collections

IC ID	Document Title	Status
124804	SURETY APPLICATION PROCESS Form	Migrated

ICR Details

OMB Control No: 1510-0047	ICR Reference No: 198701-1510-003
Status: Historical Active	Previous ICR Reference No: 198312-1510-001
Agency/Subagency: TREAS/FMS	Agency Tracking No:
Title: SURETY APPLICATION PROCESS
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 03/24/1987
	Date Received in OIRA: 01/23/1987
Terms of Clearance: Approved through September 30,1987 with the following conditions: FMS will submit a report on the feasibility of providing the option of reporting some of the informaion requirements in the application and annual, and quarterly reports using electronic media, 2)the supporting statement for the SF83 will make it clear that the annual letter and application are cleared in this docket, 3) FMS will review all collections included in either the application or renewall process to ensure that all collections initiated or specified by FMS have been assigned OMB burden hours, 4) collections will be listed separately fo applications, annual reports, and quarterly reports, and show the titl form number, originator of the form or requirement, burden, and OMB docket charged with the burden, and 5) FMS will revise the application letter to clarify the reason for inclusion of the annual renewal letter. In addition, item 22 on the SF 83 should be revised to indica that boxes 1 and 4 apply.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/1987	09/30/1987	01/31/1987
Responses	15	0	25
Time Burden (Hours)	147	0	175
Cost Burden (Dollars)	0	0	0

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Abstract: APPLICATION PROCESS INCLUDES OBTAINING SELECTED INFORMATION AS A BASIS FOR DETERMINING ACCEPTABILITY OF INSURANCE COMPANIES APPLYING FOR A CERTIFICATE OF AUTHORITY TO WRITE OR REINSURE FEDERAL SURETY BONDS.

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Authorizing Statute(s): None

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
SURETY APPLICATION PROCESS	TFS-2211

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ICR Summary 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	15	25	0	0	-10	0
Annual Time Burden (Hours)	147	175	0	0	-28	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

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

Burden Increase Due to:

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

Burden Reduction Due to:

Short Statement:

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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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: 01/23/1987

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