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
10
0
13
60
0
78
0
0
0
The Wholesale Contract is used by RUS
Generation and Transmission (G&T) borrowers to enter into
agreement with their distribution members for purchase of power
from the G&T. The information allows the Agency to determine
credit quality and credit worthiness and determine repayment
ability of loans and loan guarantees.
US Code:
7 USC
904 Name of Law: Rural Electrification Act of 1936 (RE Act)
Since the last submission, the
number of respondents decreased due to borrowers opting to prepay
RUS loans and a decrease in the number of electric program
borrowers and in the numbers of borrowers submitting amendments to
Wholesale Power Contracts. Respondents decreased by 3, from 13 to
10 annual respondents. The decrease in the number of respondents
directly affected the annual burden hours resulting in an
adjustment decrease of 18 annual burden hours from 78 to 60 annual
burden hours.
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.