Commission Information Collection Activities (FERC-604); Comment Request, 58296-58297 [2013-23002]
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58296
Federal Register / Vol. 78, No. 184 / Monday, September 23, 2013 / Notices
Reporting/
recordkeeping
req’t
New Entities
(GO, TO, DP).
Entities Subject
to Existing Reporting Requirements.
Total for
Year 1 5.
Total for
each of
Years 2 &
3.
Number of
respondents
Number of
responses per
respondent
Total number
of responses
Average burden
hours per
response
Estimated total
annual burden
Estimated total
annual cost
(A)
Type of
respondent
(B)
(A)×(B)=(C)
(D)
(C)×(D)
(see below)
Developing Oper236
ating Plan (Yr
1 Only).
Reporting Event
59
(Yr 1, 2, and 3).
Conforming Op1164
erating Plan to
New Thresholds (Yr 1
Only).
Reporting Event
291
(using new
form) (Yrs 1, 2,
and 3).
............................ ........................
............................
........................
emcdonald on DSK67QTVN1PROD with NOTICES
The estimated breakdown of annual
cost is as follows:
• Year 1
Æ New Entities, Development of
Operating Plan: 236 entities * 1
response/entity * (8 hours/response
* $60/hour 7) = $113,280.
Æ New Entities, Event Reporting: 59
entities * 1 response/entity * (.17
hours/response * $60/hour) =
$601.80.
Æ Current Responsible Entities,
Conforming Operating Plan: 1164
entities * 1 response/entity * (2
hours/response * $60/hour) =
$139,680.
Æ Current Responsible Entities, Event
Reporting Using New Event
Reporting Form: 291 entities * 1
response/entity * [(.17 hours/
response—.5 hours/response) 8 *
$60/hour] = ($5,761.80).
• Year 2 and ongoing
Æ New Entities, Using ‘‘Event
5 Year 1 costs include implementation costs for
entities that must comply with the standard for the
first time, plus the cost for entities that are currently
subject to NERC event reporting requirements to
review and make changes to their existing plans.
The Year 1 total also includes the savings from the
reduction in reporting time due to the new Event
Reporting Form.
6 In the Order approving the EOP Reliability
Standard we incorrectly used ‘‘¥81’’ in this cell.
7 For the burden categories above, the estimated
hourly loaded cost (salary plus benefits) for an
engineer was assumed to be $60/hour, based on
salaries as reported by the Bureau of Labor Statistics
(BLS) (https://bls.gov/oes/current/naics2_22.htm).
Loaded costs are BLS rates divided by 0.703 and
rounded to the nearest dollar (https://www.bls.gov/
news.release/ecec.nr0.htm).
8 It is estimated that the average time to complete
the required event report under Reliability Standard
EOP–004–1 is 30 minutes, versus an estimated 10
minutes under Reliability Standard EOP–004–2.
VerDate Mar<15>2010
20:16 Sep 20, 2013
Jkt 229001
1
236
8
1
59
1
1164
2
1
291
¥0.33
........................
........................
..........................
4,130
247,800
........................
........................
..........................
¥86 6
(5,160)
0.17
Reporting Form’’: 59 entities * 1
response/entity * (.17 hours/
response * $60/hour) = $601.80.
Æ Old Entities, Using ‘‘Event
Reporting Form’’: 291 entities * 1
response/entity * [(.17 hours/
response—.5 hours/response) *
$60/hour] = ($5,761.80).
Comments: Comments are invited on:
(1) Whether the collection of
information is necessary for the proper
performance of the functions of the
Commission, including whether the
information will have practical utility;
(2) the accuracy of the agency’s estimate
of the burden and cost of the collection
of information, including the validity of
the methodology and assumptions used;
(3) ways to enhance the quality, utility
and clarity of the information collection;
and (4) ways to minimize the burden of
the collection of information on those
who are to respond, including the use
of automated collection techniques or
other forms of information technology.
Dated: September 16, 2013.
Kimberly D. Bose,
Secretary.
[FR Doc. 2013–23004 Filed 9–20–13; 8:45 am]
BILLING CODE 6717–01–P
PO 00000
Frm 00030
Fmt 4703
Sfmt 4703
1,888
10.03
2,328
¥96.03
$113,280.00
601.80
139,680.00
(5,761.80)
DEPARTMENT OF ENERGY
Federal Energy Regulatory
Commission
[Docket No. IC13–16–000]
Commission Information Collection
Activities (FERC–604); Comment
Request
Federal Energy Regulatory
Commission, DOE.
ACTION: Comment request.
AGENCY:
In compliance with the
requirements of the Paperwork
Reduction Act of 1995, 44 U.S.C.
3507(a)(1)(D), the Federal Energy
Regulatory Commission (Commission or
FERC) is submitting the information
collection FERC–604 (Cash Management
Agreements) to the Office of
Management and Budget (OMB) for
review of the information collection
requirements. Any interested person
may file comments directly with OMB
and should address a copy of those
comments to the Commission as
explained below. The Commission
issued a Notice in the Federal Register
(78 FR 29359, 5/20/2013) requesting
public comments. FERC received no
comments on the FERC–604 and is
making this notation in its submittal to
OMB.
DATES: Comments on the collection of
information are due by October 23,
2013.
ADDRESSES: Comments filed with OMB
(identified by FERC–604 and Docket No.
IC13–16–000) should be sent via email
to the Office of Information and
Regulatory Affairs: oira_submission@
SUMMARY:
E:\FR\FM\23SEN1.SGM
23SEN1
58297
Federal Register / Vol. 78, No. 184 / Monday, September 23, 2013 / Notices
omb.gov. Attention: Federal Energy
Regulatory Commission Desk Officer.
The Desk Officer may also be reached
via telephone at 202–395–4718.
A copy of the comments should also
be sent to the Federal Energy Regulatory
Commission (identified by the Docket
No. IC13–16–000) by either of the
following methods:
• eFiling at Commission’s Web site:
https://www.ferc.gov/docs-filing/
efiling.asp.
• Mail/Hand Delivery/Courier:
Federal Energy Regulatory Commission,
Secretary of the Commission, 888 First
Street NE., Washington, DC 20426.
Instructions: All submissions must be
formatted and filed in accordance with
submission guidelines at: https://
www.ferc.gov/help/submissionguide.asp. For user assistance contact
FERC Online Support by email at
ferconlinesupport@ferc.gov, or by phone
at: (866) 208–3676 (toll-free), or (202)
502–8659 for TTY.
Docket: Users interested in receiving
automatic notification of activity in this
docket or in viewing/downloading
comments and issuances in this docket
may do so at https://www.ferc.gov/docsfiling/docs-filing.asp.
FOR FURTHER INFORMATION CONTACT:
Ellen Brown may be reached by email
at DataClearance@FERC.gov, by
telephone at (202) 502–8663, and by fax
at (202) 273–0873.
SUPPLEMENTARY INFORMATION:
Title: FERC–604, Cash Management
Agreements.
OMB Control No.: To be determined.
Type of Request: Three-year approval
of the FERC–604 information collection
requirements with no changes to the
reporting requirements.
Abstract: Cash management or
‘‘money pool’’ programs typically
concentrate affiliates’ cash assets in
joint accounts for the purpose of
providing financial flexibility and
lowering the cost of borrowing.
In a 2001 investigation, FERC staff
found that balances in cash management
programs affecting FERC-regulated
entities totaled approximately $16
billion. Additionally, other
investigations revealed large transfers of
funds (amounting to more than $1
billion) between regulated pipeline
affiliates and non-regulated parents
whose financial conditions were
precarious. The Commission found that
these and other fund transfers and the
enormous (mostly unregulated) pools of
money in cash management programs
could detrimentally affect regulated
rates.
To protect customers and promote
transparency, the Commission issued
Order 634–A (2003) requiring entities to
formalize in writing and file with the
Commission their cash management
agreements. The Commission obtained
OMB clearance for this new reporting
requirement under the FERC–555
information collection (OMB Control
No. 1902–0098). However, in
subsequent extension requests to OMB
for the FERC–555 collection, the
Commission failed to include the cash
management agreement reporting
burden as part of the estimates. In this
proceeding, the Commission rectifies
the omission by seeking public
comment on the reporting requirement
in order to update the OMB clearance
for cash management agreement filings.
The Commission intends to put the
reporting requirements under the
collection number ‘‘FERC–604’’ and
request a new OMB Control Number.
The Commission implemented these
requirements in 18 CFR 141.500,
260.400, and 357.5.
Type of Respondents: Public utilities
and licensees, natural gas companies,
and oil pipeline companies.
Estimate of Annual Burden 1: The
Commission estimates the total Public
Reporting Burden for this information
collection as:
FERC–604: CASH MANAGEMENT AGREEMENTS
Number of
respondents
Annual
number of
responses per
respondent
Annual total
number of
responses
Average
annual
burden hours
per response
Estimated total
annual burden
A
B
(A) × (B) = (C)
D
(C) × (D)
2 25
1
25
1.5
37.5
emcdonald on DSK67QTVN1PROD with NOTICES
Public utilities and licensees, natural gas companies, and
oil pipeline companies ......................................................
The total estimated annual cost
burden to respondents is $2,625 [37.5
hours * $70 per hour 3 = $2,625].
Comments: Comments are invited on:
(1) Whether the collection of
information is necessary for the proper
performance of the functions of the
Commission, including whether the
information will have practical utility;
(2) the accuracy of the agency’s estimate
of the burden and cost of the collection
of information, including the validity of
the methodology and assumptions used;
(3) ways to enhance the quality, utility
and clarity of the information collection;
and (4) ways to minimize the burden of
the collection of information on those
1 Burden is defined as the total time, effort, or
financial resources expended by persons to
generate, maintain, retain, or disclose or provide
information to or for a Federal agency. For further
explanation of what is included in the information
VerDate Mar<15>2010
20:16 Sep 20, 2013
Jkt 229001
who are to respond, including the use
of automated collection techniques or
other forms of information technology.
Dated: September 16, 2013.
Kimberly D. Bose,
Secretary.
BILLING CODE 6717–01–P
collection burden, reference 5 Code of Federal
Regulations 1320.3.
2 This figure is based on the number of filings
received by the Commission for cash management
agreements over the last several years.
Frm 00031
Fmt 4703
Sfmt 4703
Federal Energy Regulatory
Commission
Combined Notice of Filings #1
[FR Doc. 2013–23002 Filed 9–20–13; 8:45 am]
PO 00000
DEPARTMENT OF ENERGY
Take notice that the Commission
received the following electric corporate
filings:
Docket Numbers: EC13–146–000.
Applicants: Red Oak Power, LLC.
Description: Red Oak Power, LLC’s
Section 203 Application for
Authorization of Disposition of
Jurisdictional Facilities.
Filed Date: 9/13/13.
Accession Number: 20130913–5125.
3 This is a loaded cost (wages plus benefits) for
a full-time employee.
E:\FR\FM\23SEN1.SGM
23SEN1
]]>Agencies
[Federal Register Volume 78, Number 184 (Monday, September 23, 2013)]
[Notices]
[Pages 58296-58297]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-23002]
-----------------------------------------------------------------------
DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. IC13-16-000]
Commission Information Collection Activities (FERC-604); Comment
Request
AGENCY: Federal Energy Regulatory Commission, DOE.
ACTION: Comment request.
-----------------------------------------------------------------------
SUMMARY: In compliance with the requirements of the Paperwork Reduction
Act of 1995, 44 U.S.C. 3507(a)(1)(D), the Federal Energy Regulatory
Commission (Commission or FERC) is submitting the information
collection FERC-604 (Cash Management Agreements) to the Office of
Management and Budget (OMB) for review of the information collection
requirements. Any interested person may file comments directly with OMB
and should address a copy of those comments to the Commission as
explained below. The Commission issued a Notice in the Federal Register
(78 FR 29359, 5/20/2013) requesting public comments. FERC received no
comments on the FERC-604 and is making this notation in its submittal
to OMB.
DATES: Comments on the collection of information are due by October 23,
2013.
ADDRESSES: Comments filed with OMB (identified by FERC-604 and Docket
No. IC13-16-000) should be sent via email to the Office of Information
and Regulatory Affairs: oira--submission@
[[Page 58297]]
omb.gov. Attention: Federal Energy Regulatory Commission Desk Officer.
The Desk Officer may also be reached via telephone at 202-395-4718.
A copy of the comments should also be sent to the Federal Energy
Regulatory Commission (identified by the Docket No. IC13-16-000) by
either of the following methods:
eFiling at Commission's Web site: https://www.ferc.gov/docs-filing/efiling.asp.
Mail/Hand Delivery/Courier: Federal Energy Regulatory
Commission, Secretary of the Commission, 888 First Street NE.,
Washington, DC 20426.
Instructions: All submissions must be formatted and filed in
accordance with submission guidelines at: https://www.ferc.gov/help/submission-guide.asp. For user assistance contact FERC Online Support
by email at ferconlinesupport@ferc.gov, or by phone at: (866) 208-3676
(toll-free), or (202) 502-8659 for TTY.
Docket: Users interested in receiving automatic notification of
activity in this docket or in viewing/downloading comments and
issuances in this docket may do so at https://www.ferc.gov/docs-filing/docs-filing.asp.
FOR FURTHER INFORMATION CONTACT: Ellen Brown may be reached by email at
DataClearance@FERC.gov, by telephone at (202) 502-8663, and by fax at
(202) 273-0873.
SUPPLEMENTARY INFORMATION:
Title: FERC-604, Cash Management Agreements.
OMB Control No.: To be determined.
Type of Request: Three-year approval of the FERC-604 information
collection requirements with no changes to the reporting requirements.
Abstract: Cash management or ``money pool'' programs typically
concentrate affiliates' cash assets in joint accounts for the purpose
of providing financial flexibility and lowering the cost of borrowing.
In a 2001 investigation, FERC staff found that balances in cash
management programs affecting FERC-regulated entities totaled
approximately $16 billion. Additionally, other investigations revealed
large transfers of funds (amounting to more than $1 billion) between
regulated pipeline affiliates and non-regulated parents whose financial
conditions were precarious. The Commission found that these and other
fund transfers and the enormous (mostly unregulated) pools of money in
cash management programs could detrimentally affect regulated rates.
To protect customers and promote transparency, the Commission
issued Order 634-A (2003) requiring entities to formalize in writing
and file with the Commission their cash management agreements. The
Commission obtained OMB clearance for this new reporting requirement
under the FERC-555 information collection (OMB Control No. 1902-0098).
However, in subsequent extension requests to OMB for the FERC-555
collection, the Commission failed to include the cash management
agreement reporting burden as part of the estimates. In this
proceeding, the Commission rectifies the omission by seeking public
comment on the reporting requirement in order to update the OMB
clearance for cash management agreement filings. The Commission intends
to put the reporting requirements under the collection number ``FERC-
604'' and request a new OMB Control Number.
The Commission implemented these requirements in 18 CFR 141.500,
260.400, and 357.5.
Type of Respondents: Public utilities and licensees, natural gas
companies, and oil pipeline companies.
Estimate of Annual Burden \1\: The Commission estimates the total
Public Reporting Burden for this information collection as:
---------------------------------------------------------------------------
\1\ Burden is defined as the total time, effort, or financial
resources expended by persons to generate, maintain, retain, or
disclose or provide information to or for a Federal agency. For
further explanation of what is included in the information
collection burden, reference 5 Code of Federal Regulations 1320.3.
FERC-604: Cash Management Agreements
--------------------------------------------------------------------------------------------------------------------------------------------------------
Annual number Annual total Average annual
Number of of responses number of burden hours Estimated total
respondents per respondent responses per response annual burden
A B (A) x (B) = (C) D (C) x (D)
--------------------------------------------------------------------------------------------------------------------------------------------------------
Public utilities and licensees, natural gas companies, and oil \2\ 25 1 25 1.5 37.5
pipeline companies................................................
--------------------------------------------------------------------------------------------------------------------------------------------------------
The total estimated annual cost burden to respondents is $2,625
[37.5 hours * $70 per hour \3\ = $2,625].
---------------------------------------------------------------------------
\2\ This figure is based on the number of filings received by
the Commission for cash management agreements over the last several
years.
\3\ This is a loaded cost (wages plus benefits) for a full-time
employee.
---------------------------------------------------------------------------
Comments: Comments are invited on: (1) Whether the collection of
information is necessary for the proper performance of the functions of
the Commission, including whether the information will have practical
utility; (2) the accuracy of the agency's estimate of the burden and
cost of the collection of information, including the validity of the
methodology and assumptions used; (3) ways to enhance the quality,
utility and clarity of the information collection; and (4) ways to
minimize the burden of the collection of information on those who are
to respond, including the use of automated collection techniques or
other forms of information technology.
Dated: September 16, 2013.
Kimberly D. Bose,
Secretary.
[FR Doc. 2013-23002 Filed 9-20-13; 8:45 am]
BILLING CODE 6717-01-P
