7 CFR 1744-C Advance and Disbursement of Funds

ICR 201902-0572-001

OMB: 0572-0023

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Supplementary Document
2019-10-01
Supporting Statement A
2019-03-07
Supplementary Document
2019-03-05
Supplementary Document
2019-03-05
Supplementary Document
2019-02-11
IC Document Collections
IC ID
Document
Title
Status
43524 Modified
ICR Details
0572-0023 201902-0572-001
Active 201512-0572-003
USDA/RUS
7 CFR 1744-C Advance and Disbursement of Funds
Revision of a currently approved collection   No
Regular
Approved with change 11/06/2019
Retrieve Notice of Action (NOA) 03/13/2019
In accordance with 5 CFR 1320, the information collection is approved for 3 years.
  Inventory as of this Action Requested Previously Approved
11/30/2022 36 Months From Approved 11/30/2019
433 0 1,112
480 0 1,223
0 0 0

The RUS manages the Telecommunications loan program and Rural Broadband Access, to provide loans and loan guarantees to fund the cost of construction, improvement, or acquisition of facilities and equipment for the provision of broadband service in eligible rural communities. RUS therefore requires Telecommunications and Broadband borrowers to submit Form 481, Financial Requirement Statement. This form implements certain provisions of the standard Rural Utilities Service loan documents by setting forth requirements and procedures to be followed by borrowers in obtaining advances and making disbursements of loan funds..

US Code: 7 USC 901 et seq., as amended Name of Law: Rural Electrification Act of 1936
   PL: Pub.L. 101 - 171 Title VI Name of Law: Farm Security and Rural Investment Act of 2002
  
None

Not associated with rulemaking

  83 FR 65138 12/19/2018
84 FR 9076 03/13/2019
No

1
IC Title Form No. Form Name
7 CFR 1744-C Advance and Disbursement of Funds 481 Financial Requirement Statement

  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 433 1,112 0 0 -679 0
Annual Time Burden (Hours) 480 1,223 0 0 -743 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Miscellaneous Actions
This is a revision of a previously approved collection. The total burden has been reduced due to a fewer number of respondents and responses actually having been reported during the years 2016, 2017, and 2018 than had been estimated in the prior versions. This trend is expected to continue under the covered current REA Infrastructure Telecom Loan Program and the Farm Bill Broadband Loan Program. The quantity of new program applications and loan awards, and the construction maturity stages of current projects are contributing to this trend. Costs of labor for public and government employees have been updated to the current published wage rates.

$16,760
No
    No
    No
No
No
No
Uncollected
Diane Berger 715 619-3124 diane.berger@wi.usda.gov

  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.
03/13/2019


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