Agency Information Collection Activities: Comment Request, 70339-70341 [2010-28926]
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Federal Register / Vol. 75, No. 221 / Wednesday, November 17, 2010 / Notices
The Exchange has requested that the
Commission waive the 30-day operative
delay. The Commission believes that
waiver of the operative delay is
consistent with the protection of
investors and the public interest
because the proposal is substantially
similar to that of another exchange that
has been approved by the
Commission.10 Therefore, the
Commission designates the proposal
operative upon filing.11
At any time within 60 days of the
filing of the proposed rule change, the
Commission summarily may
temporarily suspend such rule change if
it appears to the Commission that such
action is necessary or appropriate in the
public interest, for the protection of
investors, or otherwise in furtherance of
the purposes of the Act.
IV. Solicitation of Comments
Interested persons are invited to
submit written data, views, and
arguments concerning the foregoing,
including whether the proposed rule
change is consistent with the Act.
Comments may be submitted by any of
the following methods:
Commission, and all written
communications relating to the
proposed rule change between the
Commission and any person, other than
those that may be withheld from the
public in accordance with the
provisions of 5 U.S.C. 552, will be
available for Web site viewing and
printing in the Commission’s Public
Reference Room, 100 F Street, NE.,
Washington, DC 20549, on official
business days between the hours of 10
a.m. and 3 p.m. Copies of the filing also
will be available for inspection and
copying at the principal office of the
Exchange. All comments received will
be posted without change; the
Commission does not edit personal
identifying information from
submissions. You should submit only
information that you wish to make
available publicly. All submissions
should refer to File Number SR–ISE–
2010–108 and should be submitted on
or before December 8, 2010.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.12
Florence E. Harmon.
Deputy Secretary.
[FR Doc. 2010–28899 Filed 11–16–10; 8:45 am]
• Use the Commission’s Internet
comment form (https://www.sec.gov/
rules/sro.shtml); or
• Send an e-mail to rulecomments@sec.gov. Please include File
Number SR–ISE–2010–108 on the
subject line.
BILLING CODE 8011–01–P
Paper Comments
AGENCY:
• Send paper comments in triplicate
to Elizabeth M. Murphy, Secretary,
Securities and Exchange Commission,
100 F Street, NE., Washington, DC
20549–1090.
All submissions should refer to File
Number SR–ISE–2010–108. This file
number should be included on the
subject line if e-mail is used. To help the
Commission process and review your
comments more efficiently, please use
only one method. The Commission will
post all comments on the Commission’s
Internet Web site (https://www.sec.gov/
rules/sro.shtml). Copies of the
submission, all subsequent
amendments, all written statements
with respect to the proposed rule
change that are filed with the
mstockstill on DSKH9S0YB1PROD with NOTICES
Electronic Comments
ACTION:
has waived the five-day prefiling requirement in
this case.
10 See Securities Exchange Act Release No. 63132
(October 19, 2010) (SR–Phlx–2010–118) (order
approving expansion of $0.50 Strike Price Program).
11 For purposes only of waiving the 30-day
operative delay, the Commission has considered the
proposed rule’s impact on efficiency, competition,
and capital formation. See 15 U.S.C. 78c(f).
VerDate Mar<15>2010
16:21 Nov 16, 2010
Jkt 223001
SMALL BUSINESS ADMINISTRATION
Reporting and Recordkeeping
Requirements Under OMB Review
Small Business Administration.
Notice of Reporting
Requirements Submitted for OMB
Review.
Under the provisions of the
Paperwork Reduction Act (44 U.S.C.
Chapter 35), agencies are required to
submit proposed reporting and
recordkeeping requirements to OMB for
review and approval, and to publish a
notice in the Federal Register notifying
the public that the agency has made
such a submission.
DATES: Submit comments on or before
December 17, 2010. If you intend to
comment but cannot prepare comments
promptly, please advise the OMB
Reviewer and the Agency Clearance
Officer before the deadline.
Copies: Request for clearance (OMB
83–1), supporting statement, and other
documents submitted to OMB for
review may be obtained from the
Agency Clearance Officer.
ADDRESSES: Address all comments
concerning this notice to: Agency
SUMMARY:
12 17
PO 00000
CFR 200.30–3(a)(12).
Frm 00141
Fmt 4703
Sfmt 4703
70339
Clearance Officer, Jacqueline White,
Small Business Administration, 409 3rd
Street, SW., 5th Floor, Washington, DC
20416; and OMB Reviewer, Office of
Information and Regulatory Affairs,
Office of Management and Budget, New
Executive Office Building, Washington,
DC 20503.
FOR FURTHER INFORMATION CONTACT:
Jacqueline White, Agency Clearance
Officer, (202) 205–7044.
SUPPLEMENTARY INFORMATION:
Title: Stockholders Confirmation
(Corporation Ownership Confirmation
(Partnership).
Frequency: On Occasion.
SBA Form Number’s: 1405, 1405A.
Description of Respondents: Newly
Licensed SBIC’S.
Responses: 600.
Annual Burden: 600.
Title: Microloan Program Electronic
Reporting System (MPERS)
(MPERsystem).
Frequency: On Occasion.
SBA Form Number: N/A.
Description of Respondents:
Microloan Program Intermediary
Lenders.
Responses: 2,500.
Annual Burden: 625.
Title: Loan Program business, Small
Business Reporting and Recordkeeping
and recordkeeping requirements.
Frequency: On Occasion.
SBA Form Number’s: 2276A, B, C,
2281.
Description of Respondents:
Application for an SBA Loan.
Responses: 180.
Annual Burden: 180.
Jacqueline White,
Chief, Administrative Information Branch.
[FR Doc. 2010–28875 Filed 11–16–10; 8:45 am]
BILLING CODE P
SOCIAL SECURITY ADMINISTRATION
Agency Information Collection
Activities: Comment Request
The Social Security Administration
(SSA) publishes a list of information
collection packages requiring clearance
by the Office of Management and
Budget (OMB) in compliance with
Public Law (Pub. L.) 104–13, the
Paperwork Reduction Act of 1995,
effective October 1, 1995. This notice
includes revisions to OMB-approved
information collections.
SSA is soliciting comments on the
accuracy of the agency’s burden
estimate; the need for the information;
its practical utility; ways to enhance its
quality, utility, and clarity; and ways to
minimize burden on respondents,
E:\FR\FM\17NON1.SGM
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70340
Federal Register / Vol. 75, No. 221 / Wednesday, November 17, 2010 / Notices
mstockstill on DSKH9S0YB1PROD with NOTICES
including the use of automated
collection techniques or other forms of
information technology. Mail, email, or
fax your comments and
recommendations on the information
collection(s) to the OMB Desk Officer
and SSA Reports Clearance Officer at
the following addresses or fax numbers.
(OMB) Office of Management and
Budget, Attn: Desk Officer for SSA, Fax:
202–395–6974, E-mail address:
OIRA_Submission@omb.eop.gov.
(SSA) Social Security Administration,
DCBFM, Attn: Reports Clearance
Officer, 1333 Annex Building, 6401
Security Blvd., Baltimore, MD 21235,
Fax: 410–965–6400, E-mail address:
OPLM.RCO@ssa.gov.
SSA submitted the information
collections listed below to OMB for
clearance. Your comments on the
information collections would be most
useful if OMB and SSA receive them
within 30 days from the date of this
publication. To be sure we consider
your comments, we must receive them
no later than December 17, 2010. You
can obtain a copy of the OMB clearance
packages by calling the SSA Reports
Clearance Officer at 410–965–8783 or by
writing to the above e-mail address.
1. Private Printing and Modification of
Prescribed Application and Other
Forms—20 CFR 422.527—0960–0663.
20 CFR 422.527 of the Code of Federal
Regulations requires a person,
institution, or organization (third-party
entities) to obtain approval from SSA
prior to reproducing, duplicating, or
privately printing any application or
other form the agency owns. SSA
collects the information to ensure
requests comply with the law and
regulations. SSA uses the information to
process requests from third-party
entities who want to reproduce,
duplicate, or privately print any SSA
application or other SSA form. To
obtain SSA’s approval, entities must
make their requests in writing, using
their company letterhead, providing the
required information set forth in the
regulation. SSA employees review the
requests and provide approval via email or mail to the third-party entities.
The respondents are third-party entities
who submit requests to SSA to
reproduce, duplicate, or privately print
an SSA-owned form.
Type of Request: Extension of an
OMB-approved information collection.
Number of Respondents: 10.
Frequency of Response: 15.
Number of Responses: 150.
Average Burden Per Response: 8
minutes.
Estimated Annual Burden: 20 hours.
2. Request for Waiver of Special
Veterans Benefits (SVB) Overpayment
Recovery or Change in Repayment
Rate—20 CFR 408.900–408.950,
408.923(b), 408.931(b), 408.932(c), (d)
and (e), 408.941(b) and 408.942—0960–
0698. Title VIII of the Social Security
Act allows SSA to pay a monthly benefit
to a qualified World War II veteran who
resides outside the United States. When
an overpayment in SVB occurs, the
beneficiary can request a waiver of
recovery of the overpayment or a change
in the repayment rate. SSA uses the
SSA–2032–BK to obtain the information
necessary to establish whether the
claimant met the waiver of recovery
provisions of the overpayment, and to
determine the repayment rate if we do
not waive repayment. Respondents are
beneficiaries who have overpayments
on their Title VIII record and wish to file
a claim for waiver of recovery or change
in repayment rate.
Type of Request: Revision of an OMBapproved information collection.
Number of Respondents: 450.
Frequency of Response: 1.
Average Burden per Response: 120
minutes.
Estimated Annual Burden: 900 hours.
3. Consent Based Social Security
Number Verification Process—20 CFR
400.100—0960–0760. The Consent
Based Social Security Number (SSN)
Verification (CBSV) process is a feebased, automated SSN verification
service available to private businesses
and other requesting parties. To use the
system, private businesses and
requesting parties must register with
SSA and obtain valid consent from SSN
number holders prior to verification. We
collect the information to verify if the
submitted name and SSN match the
information in SSA records. After
completing a registration process and
paying the fee, the requesting party can
use the CBSV Internet application to
submit a file containing names of
number holders who have given valid
Number of
respondents
Requirement
Registration Process (new participating companies or requesting parties) ...............................................................
Creation of file with SSN holder identification data; maintaining required documentation, forms .............................
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Frm 00142
Frequency of
response
consent, along with each number
holder’s accompanying SSN and date of
birth (if available). They also have the
option to obtain real-time results using
a web service application or SSA’s
Business Services Online application.
SSA matches the information against
the SSA master file of SSNs, using SSN,
name, date of birth, and gender code (if
available). The requesting party
retrieves the results file from SSA,
which indicates only a match or no
match for each SSN submitted.
Under the CBSV process, the
requesting party does not submit the
consent forms of the number holders to
SSA. SSA requires each requesting party
to retain a valid consent form for each
SSN verification request. The requesting
party retains the consent forms in either
electronic or paper format.
To ensure the integrity of the CBSV
process, SSA added a strong audit
component that requires audits (called
‘‘compliance reviews’’) at the discretion
of the agency with all audit costs paid
by the requesting party. Independent
certified public accountants (CPA)
conduct these reviews to ensure
compliance with all the terms and
conditions of the party’s agreement with
SSA, including a review of the consent
forms. CPAs conduct the review at the
requesting party’s place of business to
ensure the integrity of the process. In
addition, SSA reserves the right to
perform unannounced onsite
inspections of the entire process,
including review of the technical
systems that maintain the data and
transaction records. The respondents to
the CBSV collection are the
participating companies, members of
the public who consent to the SSN
verification, and CPAs who provide
compliance review services.
Type of Request: Revision of an OMBapproved information collection.
Note: When SSA published the 60-day
Federal Register notice for this collection on
August 2, 2010 at 75 FR 45190, the burden
figures we reported were correct at that time.
We have updated the burden data that we are
reporting in the burden chart below.
Time Burden
Participating Companies:
Number of
responses
Average
burden per
response
(minutes)
Estimated
annual burden
(hours)
10 *
10
120
20
115
Fmt 4703
1
251 * *
28,865
60
28,865
Sfmt 4703
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70341
Federal Register / Vol. 75, No. 221 / Wednesday, November 17, 2010 / Notices
Number of
respondents
Requirement
Frequency of
response
Average
burden per
response
(minutes)
Number of
responses
Estimated
annual burden
(hours)
Using the system to upload request file, check status, and
download results file .........................................................
Storing Consent Forms ........................................................
Activities related to compliance review ................................
115
115
115
251
251
251
28,865
28,865
28,865
5
60
60
2,405
28,865
28,865
Total ..............................................................................
........................
........................
115,470
........................
89,020
* One-time registration; approximately 10 new participating companies per year.
* * Please note: There are 251 Federal business days per year on which a requesting party could submit a file.
People whose SSNs SSA Will Verify:
Number of respondents
Requirement
Frequency of
response
Average burden per response (minutes)
Number of responses
Estimated annual burden
(hours)
Reading and signing authorization for SSA to release SSN
verification ........................................................................
Responding to CPA re-contact ............................................
986,585
5,750
1
1
986,585
5,750
3
5
49,329
479
Total ..............................................................................
992,335
........................
........................
........................
49,808
CPAs (conducting compliance
reviews and preparing written report of
findings):
Number of Respondents: 115.
Frequency of Response: 1.
Average Burden Per Response: 4,800.
Estimated Annual Burden: 9,200
hours.
Total Collective Burden: 148,028.
Estimated Per Company Cost to Store
Consent Forms—$300.
Estimated Per Company Cost To
Contract with CPA for Audit—$8,000.
recommendations on the information
collection to the OMB Desk Officer and
SSA Reports Clearance Officer to the
following addresses or fax numbers.
Dated: November 10, 2010.
Liz Davidson,
Center Director, Social Security
Administration.
Cost Burden
BILLING CODE 4191–02–P
(OMB), Office of Management and
Budget, Attn: Desk Officer for SSA,
Fax: 202–395–6974, E-mail address:
OIRA_Submission@omb.eop.gov.
(SSA), Social Security Administration,
DCBFM, Attn: Reports Clearance
Officer, 1333 Annex Building, 6401
Security Blvd., Baltimore, MD 21235,
Fax: 410–965–6400, E-mail address:
OPLM.RCO@ssa.gov.
mstockstill on DSKH9S0YB1PROD with NOTICES
The public burden cost is dependent
upon the number of companies and
transactions. SSA based the cost
estimates below upon 115 participating
companies submitting 986,585
transactions. The total cost for
developing the system was $5.6 million.
SSA has already expended $3.0 million
we will recoup over the depreciable life
of the system based on the fee pertransaction model.
One-Time Per Company Registration
Fee—$5,000.
Estimated Per SSN Transaction Fee—
$5.00.i
Estimated Per Company Cost to Build
Optional Web Service—$200,000.ii
i The annual costs associated with the transaction
to each company are dependent upon the number
of SSN transactions submitted to SSA by the
company on a yearly basis. For example, if a
company anticipates submitting 1 million requests
to SSA for the year, its total transaction cost for the
year would be $5 × 1,000,000 or $5,000,000.
Periodically, SSA will calculate its costs to provide
CBSV services and adjust the fee charged as needed.
SSA will notify companies in writing of any change
and companies will have the opportunity to cancel
the agreement or continue service using the new
transaction fee.
ii A company may choose to submit batch files via
the SSA web site or submit real-time individual
requests via the SSA Web site. There is no public
VerDate Mar<15>2010
17:30 Nov 16, 2010
Jkt 223001
[FR Doc. 2010–28926 Filed 11–16–10; 8:45 am]
SOCIAL SECURITY ADMINISTRATION
Agency Information Collection
Activities: Emergency Clearance
Request
The Social Security Administration
(SSA) publishes a list of information
collection packages requiring clearance
by the Office of Management and
Budget (OMB) in compliance with
Public Law (Pub. L.) 104–13, the
Paperwork Reduction Act of 1995,
effective October 1, 1995. This notice
includes a revision to an existing OMBapproved collection.
SSA is soliciting comments on the
accuracy of the agency’s burden
estimate; the need for the information;
its practical utility; ways to enhance its
quality, utility, and clarity; and ways to
minimize burden on respondents,
including the use of automated
collection techniques or other forms of
information technology. Mail, e-mail, or
fax your comments and
burden cost with either of these methods using the
CBSV system. Companies are not required to
purchase SSA’s Web design service. To date, no
participating companies have opted for this service.
PO 00000
Frm 00143
Fmt 4703
Sfmt 4703
SSA submitted the information
collection below to OMB for Emergency
Clearance. SSA is requesting Emergency
Clearance from OMB no later than
November 22, 2010. Individuals can
obtain copies of the collection
instrument by calling the SSA Reports
Clearance Officer at 410–965–8783 or by
writing to the above e-mail address.
Medicare Income-Related Monthly
Adjustment Amount—Life-Changing
Event Form—0960–NEW. Per the
Medicare Modernization Act of 2003,
selected Medicare insurance recipients
pay an income-related monthly
adjustment amount (IRMAA). The
Internal Revenue Service (IRS) transmits
income tax return data to SSA for SSA
to determine the IRMAA. SSA will use
the new Form SSA–44 to determine if
a recipient qualifies for a reduction in
IRMAA. If affected Medicare recipients
believe SSA should use more recent tax
data because a life-changing event
occurred that significantly reduces their
income, they can report these changes to
E:\FR\FM\17NON1.SGM
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]]>Agencies
[Federal Register Volume 75, Number 221 (Wednesday, November 17, 2010)]
[Notices]
[Pages 70339-70341]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-28926]
=======================================================================
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SOCIAL SECURITY ADMINISTRATION
Agency Information Collection Activities: Comment Request
The Social Security Administration (SSA) publishes a list of
information collection packages requiring clearance by the Office of
Management and Budget (OMB) in compliance with Public Law (Pub. L.)
104-13, the Paperwork Reduction Act of 1995, effective October 1, 1995.
This notice includes revisions to OMB-approved information collections.
SSA is soliciting comments on the accuracy of the agency's burden
estimate; the need for the information; its practical utility; ways to
enhance its quality, utility, and clarity; and ways to minimize burden
on respondents,
[[Page 70340]]
including the use of automated collection techniques or other forms of
information technology. Mail, email, or fax your comments and
recommendations on the information collection(s) to the OMB Desk
Officer and SSA Reports Clearance Officer at the following addresses or
fax numbers.
(OMB) Office of Management and Budget, Attn: Desk Officer for SSA,
Fax: 202-395-6974, E-mail address: OIRA_Submission@omb.eop.gov.
(SSA) Social Security Administration, DCBFM, Attn: Reports
Clearance Officer, 1333 Annex Building, 6401 Security Blvd., Baltimore,
MD 21235, Fax: 410-965-6400, E-mail address: OPLM.RCO@ssa.gov.
SSA submitted the information collections listed below to OMB for
clearance. Your comments on the information collections would be most
useful if OMB and SSA receive them within 30 days from the date of this
publication. To be sure we consider your comments, we must receive them
no later than December 17, 2010. You can obtain a copy of the OMB
clearance packages by calling the SSA Reports Clearance Officer at 410-
965-8783 or by writing to the above e-mail address.
1. Private Printing and Modification of Prescribed Application and
Other Forms--20 CFR 422.527--0960-0663. 20 CFR 422.527 of the Code of
Federal Regulations requires a person, institution, or organization
(third-party entities) to obtain approval from SSA prior to
reproducing, duplicating, or privately printing any application or
other form the agency owns. SSA collects the information to ensure
requests comply with the law and regulations. SSA uses the information
to process requests from third-party entities who want to reproduce,
duplicate, or privately print any SSA application or other SSA form. To
obtain SSA's approval, entities must make their requests in writing,
using their company letterhead, providing the required information set
forth in the regulation. SSA employees review the requests and provide
approval via e-mail or mail to the third-party entities. The
respondents are third-party entities who submit requests to SSA to
reproduce, duplicate, or privately print an SSA-owned form.
Type of Request: Extension of an OMB-approved information
collection.
Number of Respondents: 10.
Frequency of Response: 15.
Number of Responses: 150.
Average Burden Per Response: 8 minutes.
Estimated Annual Burden: 20 hours.
2. Request for Waiver of Special Veterans Benefits (SVB)
Overpayment Recovery or Change in Repayment Rate--20 CFR 408.900-
408.950, 408.923(b), 408.931(b), 408.932(c), (d) and (e), 408.941(b)
and 408.942--0960-0698. Title VIII of the Social Security Act allows
SSA to pay a monthly benefit to a qualified World War II veteran who
resides outside the United States. When an overpayment in SVB occurs,
the beneficiary can request a waiver of recovery of the overpayment or
a change in the repayment rate. SSA uses the SSA-2032-BK to obtain the
information necessary to establish whether the claimant met the waiver
of recovery provisions of the overpayment, and to determine the
repayment rate if we do not waive repayment. Respondents are
beneficiaries who have overpayments on their Title VIII record and wish
to file a claim for waiver of recovery or change in repayment rate.
Type of Request: Revision of an OMB-approved information
collection.
Number of Respondents: 450.
Frequency of Response: 1.
Average Burden per Response: 120 minutes.
Estimated Annual Burden: 900 hours.
3. Consent Based Social Security Number Verification Process--20
CFR 400.100--0960-0760. The Consent Based Social Security Number (SSN)
Verification (CBSV) process is a fee-based, automated SSN verification
service available to private businesses and other requesting parties.
To use the system, private businesses and requesting parties must
register with SSA and obtain valid consent from SSN number holders
prior to verification. We collect the information to verify if the
submitted name and SSN match the information in SSA records. After
completing a registration process and paying the fee, the requesting
party can use the CBSV Internet application to submit a file containing
names of number holders who have given valid consent, along with each
number holder's accompanying SSN and date of birth (if available). They
also have the option to obtain real-time results using a web service
application or SSA's Business Services Online application.
SSA matches the information against the SSA master file of SSNs,
using SSN, name, date of birth, and gender code (if available). The
requesting party retrieves the results file from SSA, which indicates
only a match or no match for each SSN submitted.
Under the CBSV process, the requesting party does not submit the
consent forms of the number holders to SSA. SSA requires each
requesting party to retain a valid consent form for each SSN
verification request. The requesting party retains the consent forms in
either electronic or paper format.
To ensure the integrity of the CBSV process, SSA added a strong
audit component that requires audits (called ``compliance reviews'') at
the discretion of the agency with all audit costs paid by the
requesting party. Independent certified public accountants (CPA)
conduct these reviews to ensure compliance with all the terms and
conditions of the party's agreement with SSA, including a review of the
consent forms. CPAs conduct the review at the requesting party's place
of business to ensure the integrity of the process. In addition, SSA
reserves the right to perform unannounced onsite inspections of the
entire process, including review of the technical systems that maintain
the data and transaction records. The respondents to the CBSV
collection are the participating companies, members of the public who
consent to the SSN verification, and CPAs who provide compliance review
services.
Type of Request: Revision of an OMB-approved information
collection.
Note: When SSA published the 60-day Federal Register notice for
this collection on August 2, 2010 at 75 FR 45190, the burden figures
we reported were correct at that time. We have updated the burden
data that we are reporting in the burden chart below.
Time Burden
Participating Companies:
----------------------------------------------------------------------------------------------------------------
Average
Number of Frequency of Number of burden per Estimated
Requirement respondents response responses response annual burden
(minutes) (hours)
----------------------------------------------------------------------------------------------------------------
Registration Process (new 10 * 1 10 120 20
participating companies or
requesting parties)............
Creation of file with SSN holder 115 251 * * 28,865 60 28,865
identification data;
maintaining required
documentation, forms...........
[[Page 70341]]
Using the system to upload 115 251 28,865 5 2,405
request file, check status, and
download results file..........
Storing Consent Forms........... 115 251 28,865 60 28,865
Activities related to compliance 115 251 28,865 60 28,865
review.........................
-------------------------------------------------------------------------------
Total....................... .............. .............. 115,470 .............. 89,020
----------------------------------------------------------------------------------------------------------------
* One-time registration; approximately 10 new participating companies per year.
* * Please note: There are 251 Federal business days per year on which a requesting party could submit a file.
People whose SSNs SSA Will Verify:
----------------------------------------------------------------------------------------------------------------
Average burden Estimated
Requirement Number of Frequency of Number of per response annual burden
respondents response responses (minutes) (hours)
----------------------------------------------------------------------------------------------------------------
Reading and signing 986,585 1 986,585 3 49,329
authorization for SSA to
release SSN verification.......
Responding to CPA re-contact.... 5,750 1 5,750 5 479
-------------------------------------------------------------------------------
Total....................... 992,335 .............. .............. .............. 49,808
----------------------------------------------------------------------------------------------------------------
CPAs (conducting compliance reviews and preparing written report of
findings):
Number of Respondents: 115.
Frequency of Response: 1.
Average Burden Per Response: 4,800.
Estimated Annual Burden: 9,200 hours.
Total Collective Burden: 148,028.
Cost Burden
The public burden cost is dependent upon the number of companies
and transactions. SSA based the cost estimates below upon 115
participating companies submitting 986,585 transactions. The total cost
for developing the system was $5.6 million. SSA has already expended
$3.0 million we will recoup over the depreciable life of the system
based on the fee per-transaction model.
One-Time Per Company Registration Fee--$5,000.
Estimated Per SSN Transaction Fee--$5.00.\i\
---------------------------------------------------------------------------
\i\ The annual costs associated with the transaction to each
company are dependent upon the number of SSN transactions submitted
to SSA by the company on a yearly basis. For example, if a company
anticipates submitting 1 million requests to SSA for the year, its
total transaction cost for the year would be $5 x 1,000,000 or
$5,000,000. Periodically, SSA will calculate its costs to provide
CBSV services and adjust the fee charged as needed. SSA will notify
companies in writing of any change and companies will have the
opportunity to cancel the agreement or continue service using the
new transaction fee.
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Estimated Per Company Cost to Build Optional Web Service--
$200,000.\ii\
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\ii\ A company may choose to submit batch files via the SSA web
site or submit real-time individual requests via the SSA Web site.
There is no public burden cost with either of these methods using
the CBSV system. Companies are not required to purchase SSA's Web
design service. To date, no participating companies have opted for
this service.
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Estimated Per Company Cost to Store Consent Forms--$300.
Estimated Per Company Cost To Contract with CPA for Audit--$8,000.
Dated: November 10, 2010.
Liz Davidson,
Center Director, Social Security Administration.
[FR Doc. 2010-28926 Filed 11-16-10; 8:45 am]
BILLING CODE 4191-02-P
