In accordance
with 5 CFR 1320, the information collection is approved for three
years.
Inventory as of this Action
Requested
Previously Approved
11/30/2022
36 Months From Approved
11/30/2019
37
0
18
9,618
0
4,687
0
0
0
The Rural Utilities Service (RUS)
makes mortgage loans and loan guarantees to qualified telephone
companies for the purpose of providing telephone service to rural
subscribers. The items covered by this information collection
package are used to determine an applicant's eligibility to
borrower under the terms of Section 201 of the RE Act and for RUS
to determine the Government's security for loans is adequately
protected.
US Code:
7 USC 901 et seq. Name of Law: Rural Electrification Act of
1936, as amended
This renewal package is an
extension of a currently approved collection, with revisions. There
is an adjustment of an overall increase of 4,931 estimated public
burden hours for this collection – which is now 9,661 from 4,687
burden hours in the previous collection. This is attributed to an
adjustment in the estimate of respondents and responses. The agency
has seen an increase in the number of applications for this loan
program over the last several years. For this estimate the
projected number of respondents expected to submit loan
requirements and preloan information has been increased from 17
from the previous collection to 36 for this collection, while
respondents submitting proposals for acquisitions and mergers
remained at 1. This is based on the FY16-FY18 average. The change
in the estimated number of applications also results in an increase
to the annual cost to RUS for application processing to $175,849.
There have been no indications of the need to make adjustments to
the quantity of estimated burden hours per response. Response time
estimates were reviewed and based on information provided in
interviews with respondents and others familiar with the
collection, no changes were required.
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.