In accordance
with 5 CFR 1320, the information collection is approved for 3
years.
Inventory as of this Action
Requested
Previously Approved
01/31/2023
36 Months From Approved
01/31/2020
509
0
509
2,656,034
0
2,656,034
78,243,220
0
78,242,971
FERC-555 contains FERC's records
retention regulations which cover records maintained by public
utilities and licensees, natural gas and oil pipeline companies.
These records serve as the basis for required rate filings and
reports submitted to FERC. The records are retained in order to be
reviewed by FERC staff during compliance reviews, audits, special
analyses performed as deemed necessary by FERC, and serve as a
basis in complaint proceedings. The official records maintained by
jurisdictional companies in accordance with the Schedules provided
in the Code of Federal Regulations (CFR) Title 18 Parts 125, 225
and 356 are used by these companies as the basis for rate filings
and reports for the Commission. In addition, the records are used
by the Commission's audit and compliance staffs during the periodic
compliance reviews and special analyses performed as deemed
necessary by the Commission. In general, FERC's regulations require
jurisdictional companies to maintain the following types of
records: • Corporate • Information Technology Management • General
Accounting • Personnel and Payroll • Transportation • Tariffs and
Rates • Insurance • Operations and Maintenance • Plant and
Depreciation • Purchase and Stores • Revenue Accounting and
Collection • Tax • Treasury • Miscellaneous See 18 CFR Parts 125,
225, and 356 for the specific items and retention periods. The
information contained in Parts 125, 225, and 356 is used by
jurisdictional companies to determine the minimum length of time to
maintain their records subject to the requirements of the
Commission.
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.