Agency Information Collection Activities; Proposed Collection; Comment Request, 41284-41286 [2014-16545]
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Federal Register / Vol. 79, No. 135 / Tuesday, July 15, 2014 / Notices
acquire 3rd Federal Bank, both in
Newtown, Pennsylvania, and thereby
engage in operating a savings
association, pursuant to section
225.28(b)(4)(ii).
Board of Governors of the Federal Reserve
System, July 9, 2014.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2014–16451 Filed 7–14–14; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL TRADE COMMISSION
Agency Information Collection
Activities; Proposed Collection;
Comment Request
Federal Trade Commission
(‘‘FTC’’ or ‘‘Commission’’).
ACTION: Notice.
AGENCY:
The FTC intends to ask the
Office of Management and Budget
(‘‘OMB’’) to extend for an additional
three years the current Paperwork
Reduction Act (‘‘PRA’’) clearance for
information collection requirements
contained in its Trade Regulation Rule
on Disclosure Requirements and
Prohibitions Concerning Franchising
(‘‘Franchise Rule’’ or ‘‘Rule’’). That
clearance expires on December 31, 2014.
DATES: Comments must be submitted by
September 15, 2014.
ADDRESSES: Interested parties may file a
comment online or on paper, by
following the instructions in the
Request for Comment part of the
SUPPLEMENTARY INFORMATION section
below. Write ‘‘Franchise Rule, PRA
Comment, FTC File No. P094400’’ on
your comment, and file your comment
online at https://ftcpublic.comment
works.com/ftc/franchiserulePRA by
following the instructions on the webbased form. If you prefer to file your
comment on paper, mail your comment
to the following address: Federal Trade
Commission, Office of the Secretary,
600 Pennsylvania Avenue NW., Suite
CC–5610 (Annex J), Washington, DC
20580, or deliver your comment to the
following address: Federal Trade
Commission, Office of the Secretary,
Constitution Center, 400 7th Street SW.,
5th Floor, Suite 5610 (Annex J),
Washington, DC 20024.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information
should be addressed to Craig Tregillus,
Attorney, Division of Marketing
Practices, Bureau of Consumer
Protection, Federal Trade Commission,
600 Pennsylvania Avenue NW., Room
8607, Washington, DC 20580, (202) 326–
2970.
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SUMMARY:
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Under the
PRA, 44 U.S.C. 3501–3521, federal
agencies must obtain approval from
OMB for each collection of information
they conduct or sponsor. ‘‘Collection of
information’’ means agency requests or
requirements that members of the public
submit reports, keep records, or provide
information to a third party. 44 U.S.C.
3502(3); 5 CFR 1320.3(c). As required by
section 3506(c)(2)(A) of the PRA, the
FTC is providing this opportunity for
public comment before requesting that
OMB extend the existing clearance for
the information collection requirements
contained in the Franchise Rule, 16 CFR
Part 436 (OMB Control No. 3084–0107).
The FTC invites comments on: (1)
Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information will have practical utility;
(2) the accuracy of the agency’s estimate
of the burden of the proposed collection
of information, including the validity of
the methodology and assumptions used;
(3) ways to enhance the quality, utility,
and clarity of the information to be
collected; and (4) ways to minimize the
burden of the collection of information
on those who are to respond, including
through the use of appropriate
automated, electronic, mechanical, or
other technological collection
techniques or other forms of information
technology, e.g., permitting electronic
submission of responses.
The Franchise Rule ensures that
consumers who are considering a
franchise investment have access to the
material information they need to make
an informed investment decision
provided in a format that facilitates
comparisons of different franchise
offerings. The Rule requires that
franchisors disclose this information to
consumers and maintain records to
facilitate enforcement of the Rule.
Amendments to the Rule promulgated
on March 30, 2007, which took effect
after a one-year phase-in on July 1,
2008, merged the Rule’s disclosure
requirements with the disclosure format
accepted by 15 states that have franchise
registration or disclosure laws.1 The
amended Rule has significantly
minimized any compliance burden
beyond what is already required by state
law.
The amended Rule requires
franchisors to furnish prospective
purchasers with a Franchise Disclosure
Document (‘‘FDD’’) that provides
information relating to the franchisor,
its business, the nature of the proposed
franchise, and any representations by
SUPPLEMENTARY INFORMATION:
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1 72
FR 15544 et seq.
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Fmt 4703
Sfmt 4703
the franchisor about financial
performance regarding actual or
potential sales, income, or profits made
to a prospective franchise purchaser.
The franchisor must preserve materially
different copies of its disclosures and
franchise agreements, as well as
information that provides a reasonable
basis for any financial performance
representation it elects to make. These
requirements are subject to the PRA and
underlie the Commission’s pursuit of
renewed OMB clearance.
Estimated Annual Hours Burden:
16,750 hours
Based on a review of trade
publications and information from state
regulatory authorities, staff believes
that, on average, from year to year, there
are approximately 2,500 sellers of
franchises covered by the Rule, with
perhaps about 10% of that total
reflecting an equal amount of new and
departing business entrants.2
Commission staff’s burden hour
estimate reflects the incremental tasks
that the Rule may impose beyond the
information and recordkeeping
requirements imposed by state law and/
or followed by franchisors who have
been using the FDD disclosure format
nationwide. This estimate likely
overstates the actual incremental burden
because some franchisors, for various
reasons, may not be covered by the Rule
(e.g., they sell only franchises that
qualify for the Rule’s large franchise
investment exemption of at least $1
million).
Staff estimates that the average annual
disclosure burden to update existing
disclosure documents will be three
hours each for the 2,250 established
franchisors, or 6,750 hours cumulatively
for them, and 30 hours apiece each year
for the 250 or so new-entrant franchisors
to prepare their initial disclosure
documents, or 7,500 hours,
cumulatively, for the latter group. These
estimates parallel staff’s 2011 estimates
for the amended Rule.3 No public
comments were received on those prior
estimates. Accordingly, the FTC retains
them for this analysis subject to further
opportunity for public comment.
As recognized in the 2011 analysis,
covered franchisors also may need to
maintain additional documentation for
the sale of franchises in non-registration
states, which could take up to an
additional hour of recordkeeping per
2 This number, which was also used in the 2011
clearance request, appears to be consistent with the
number of business format franchise offerings
registered in compliance with state franchise laws,
and listed in franchise directories.
3 See 76 FR 49479 (Aug. 10, 2011); 76 FR 67191
(Oct. 31, 2011).
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Federal Register / Vol. 79, No. 135 / Tuesday, July 15, 2014 / Notices
year. Assuming, as before, an hour of
incremental recordkeeping per covered
franchisor, this yields an additional
cumulative total of 2,500 hours for all
covered franchisors.
Under the Rule, a franchisor is
required to retain copies of receipts of
disclosure documents, as well as
materially different versions of its
disclosure documents. Such
recordkeeping requirements, however,
are consistent with, or less burdensome
than, those imposed by the states.
Accordingly, staff believes that
incremental recordkeeping burden, if
any, would be de minimis.
Based on the above assumptions and
estimates, average annual burden for
new and established franchisors during
a prospective three-year clearance
would be 16,750 hours ((30 hours of
annual disclosure burden × 250 new
franchisors) + (3 hours of average
annual disclosure burden × 2,250
established franchisors) + (1 hour of
annual recordkeeping burden × 2,500
franchisors)).
mstockstill on DSK4VPTVN1PROD with NOTICES
Estimated Annual Labor Cost Burden:
$3,597,500
Labor costs are derived by applying
appropriate hourly cost figures to the
burden hours described above. The
hourly rates used below are estimated
averages.
Commission staff anticipates that an
attorney will prepare the disclosure
document. Applying the above
assumptions to an estimated hourly
attorney rate of $250 yields the
following annual totals: $7,500 per new
franchisor (or, $1,875,000, cumulatively,
for new franchisors) and $750 per
established franchisor (or, $1,687,500,
cumulatively, for established
franchisors).
The FTC additionally anticipates that
recordkeeping under the Rule will be
performed by clerical staff at
approximately $14 per hour.4 Thus,
2,500 hours of recordkeeping burden
per year for all covered franchisors will
amount to a total annual labor cost of
$35,000.
Cumulatively, then, total estimated
labor cost under the Rule is $3,597,500
(($7,500 attorney costs × 250 new
franchisors = $1,875,000) + ($750
attorney costs × 2,250 established
franchisors = $1,687,500) + ($14 clerical
costs × 2,500 franchisors = $35,000)).
4 Based
on mean hourly wages for file clerks
found in ‘‘Occupational Employment and Wages—
May 2013,’’ U.S. Department of Labor, released
April 1, 2014, Table 1, available at https://
www.bls.gov/news.release/pdf/ocwage.pdf.
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Jkt 232001
Estimated Non-Labor Costs: $8,000,000
In developing cost estimates initially
for this Rule, FTC staff consulted with
practitioners who prepare disclosure
documents for a cross-section of
franchise systems. The FTC believes
that its cost estimates remain
representative of the costs incurred by
franchise systems generally. In addition,
many franchisors establish and maintain
Web sites for ordinary business
purposes, including advertising their
goods or services and to facilitate
communication with the public.
Accordingly, any costs franchisors
would incur specifically as a result of
electronic disclosure under the Rule
appear to be minimal.
As set forth in the 2011 Notices, FTC
staff estimates that the non-labor burden
incurred by franchisors under the
Franchise Rule differs based on the
length of the disclosure document and
the number of them produced. Staff
estimates that 2,000 franchisors (80% of
total franchisors covered by the Rule)
will print and mail 100 disclosure
documents at $35 each. Thus, these
franchisors would each incur an
estimated $3,500 in printing and
mailing costs. Staff estimates that the
remaining 20% of covered franchisors
(500) will transmit 50% of their 100
disclosure documents electronically, at
$5 per electronic disclosure. Thus, these
franchisors will each incur $2,000 in
distribution costs (($250 for electronic
disclosure [$5 for electronic disclosure
× 50 disclosure documents]) + ($1,750
for printing and mailing [$35 for
printing and mailing × 50 disclosure
documents])).
Accordingly, the cumulative annual
non-labor costs for the Rule is
approximately $8,000,000 (($3,500
printing and mailing costs × 2,000
franchisors = $7,000,000) + ($250
electronic distribution costs + $1,750
printing and mailing costs) × 500
franchisors = $1,000,000)).
Request for Comment: You can file a
comment online or on paper. For the
FTC to consider your comment, we
must receive it on or before September
15, 2014. Write ‘‘Franchise Rule, PRA
Comment, FTC File No. P094400’’ on
your comment. Your comment—
including your name and your state—
will be placed on the public record of
this proceeding, including, to the extent
practicable, on the public Commission
Web site, at https://www.ftc.gov/os/
publiccomments.shtm. As a matter of
discretion, the Commission tries to
remove individuals’ home contact
information from comments before
placing them on the Commission Web
site.
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41285
Because your comment will be made
public, you are solely responsible for
making sure that your comment does
not include any sensitive personal
information, like anyone’s Social
Security number, date of birth, driver’s
license number or other state
identification number or foreign country
equivalent, passport number, financial
account number, or credit or debit card
number. You are also solely responsible
for making sure that your comment does
not include any sensitive health
information, like medical records or
other individually identifiable health
information. In addition, do not include
any ‘‘[t]rade secret or any commercial or
financial information which is obtained
from any person and which is privileged
or confidential . . . ,’’ as provided in
Section 6(f) of the FTC Act, 15 U.S.C.
46(f), and FTC Rule 4.10(a)(2), 16 CFR
4.10(a)(2). If you want the Commission
to give your comment confidential
treatment, you must file it in paper
form, with a request for confidential
treatment, and you have to follow the
procedure explained in FTC Rule 4.9(c),
16 CFR 4.9(c).5 Your comment will be
kept confidential only if the FTC
General Counsel grants your request in
accordance with the law and the public
interest.
Postal mail addressed to the
Commission is subject to delay due to
heightened security screening. As a
result, we encourage you to submit your
comments online, or to send them to the
Commission by courier or overnight
service. To make sure that the
Commission considers your online
comment, you must file it at https://
ftcpublic.commentworks.com/ftc/
franchiserulePRA by following the
instructions on the web-based form. If
this Notice appears at https://
www.regulations.gov/#!home, you also
may file a comment through that Web
site.
If you file your comment on paper,
write ‘‘Franchise Rule, PRA Comment,
FTC File No. P094400’’ on your
comment and on the envelope, and mail
it to the following address: Federal
Trade Commission, Office of the
Secretary, 600 Pennsylvania Avenue
NW., Suite CC–5610 (Annex J),
Washington, DC 20580, or deliver your
comment to the following address:
Federal Trade Commission, Office of the
Secretary, Constitution Center, 400 7th
Street SW., 5th Floor, Suite 5610
(Annex J), Washington, DC 20024. If
5 In particular, the written request for confidential
treatment that accompanies the comment must
include the factual and legal basis for the request,
and must identify the specific portions of the
comment to be withheld from the public record. See
FTC Rule 4.9(c), 16 CFR 4.9(c).
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41286
Federal Register / Vol. 79, No. 135 / Tuesday, July 15, 2014 / Notices
possible, submit your paper comment to
the Commission by courier or overnight
service.
The FTC Act and other laws that the
Commission administers permit the
collection of public comments to
consider and use in this proceeding as
appropriate. The Commission will
consider all timely and responsive
public comments that it receives on or
before September 15, 2014. You can find
more information, including routine
uses permitted by the Privacy Act, in
the Commission’s privacy policy, at
https://www.ftc.gov/ftc/privacy.htm.
David C. Shonka,
Principal Deputy General Counsel.
[FR Doc. 2014–16545 Filed 7–14–14; 8:45 am]
BILLING CODE 6750–01–P
DEPARTMENT OF DEFENSE
GENERAL SERVICES
ADMINISTRATION
NATIONAL AERONAUTICS AND
SPACE ADMINISTRATION
[OMB Control No. 9000–0022; Docket 2014–
0055; Sequence 9]
Submission to OMB for review; Federal
Acquisition Regulation; Duty-Free
Entry
Department of Defense (DOD),
General Services Administration (GSA),
and National Aeronautics and Space
Administration (NASA).
ACTION: Notice of request for public
comments regarding an extension to an
existing OMB clearance.
AGENCY:
Under the provisions of the
Paperwork Reduction Act (44 U.S.C.
chapter 35), the Regulatory Secretariat
Division (MVCB) will be submitting to
the Office of Management and Budget
(OMB) a request to review and approve
an extension of a previously approved
information collection requirement
concerning duty-free entry. A notice
was published in the Federal Register at
79 FR 18551, on April 2, 2014. No
comments were received.
DATES: Submit comments on or before
August 14, 2014.
ADDRESSES: Submit comments
identified by Information Collection
9000–0022, Duty-Free Entry by any of
the following methods:
• Regulations.gov: https://
www.regulations.gov. Submit comments
via the Federal eRulemaking portal by
searching the OMB control number
9000–0022. Select the link ‘‘Comment
Now’’ that corresponds with
‘‘Information Collection 9000–0022,
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SUMMARY:
VerDate Mar<15>2010
17:46 Jul 14, 2014
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Duty-Free Entry.’’ Follow the
instructions provided on the screen.
Please include your name, company
name (if any), and ‘‘Information
Collection 9000–0022, Duty-Free
Entry’’, on your attached document.
• Fax: 202–501–4067.
• Mail: General Services
Administration, Regulatory Secretariat
Division (MVCB) 1800 F Street NW.,
Washington, DC 20405. ATTN: Ms.
Flowers/IC 9000–0022, Duty-Free Entry.
Instructions: Please submit comments
only and cite Information Collection
9000–0022, Duty-Free Entry, in all
correspondence related to this
collection. All comments received will
be posted without change to https://
www.regulations.gov, including any
personal and/or business confidential
information provided.
FOR FURTHER INFORMATION CONTACT: Ms.
Cecelia L. Davis, Procurement Analyst,
Acquisition Policy Division, GSA, 202–
219–0202 or email Cecelia.davis@
gsa.gov.
SUPPLEMENTARY INFORMATION:
A. Purpose
United States laws impose duties on
foreign supplies imported into the
customs territory of the United States.
Certain exemptions from these duties
are available to Government agencies.
These exemptions are used whenever
the anticipated savings outweigh the
administrative costs associated with
processing required documentation.
When a Government contractor
purchases foreign supplies, it must
notify the contracting officer to
determine whether the supplies should
be duty-free. In addition, all shipping
documents and containers must specify
certain information to assure the dutyfree entry of the supplies.
The clause at FAR 52.225–8, DutyFree Entry, is included in solicitations
and contracts for supplies that may be
imported into the United States and for
which duty-free entry may be obtained
in accordance with FAR 25.903(a), if the
value of the acquisition (1) exceeds the
simplified acquisition threshold; or (2)
does not exceed the simplified
acquisition threshold, but the savings
from waiving the duty is anticipated to
be more than the administrative cost of
waiving the duty. The contracting
officer analyzes the information
submitted by the contractor to
determine whether or not supplies
should enter the country duty-free. The
information, the contracting officer’s
determination, and the U.S. Customs
forms are placed in the contract file.
B. Annual Reporting Burden
Respondents: 1,330.
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Frm 00041
Fmt 4703
Sfmt 4703
Responses per Respondent: 10.
Total Responses: 13,300.
Hours per Response: .5.
Total Burden Hours: 6,650.
Obtaining Copies of Proposals:
Requesters may obtain a copy of the
information collection documents from
the General Services Administration,
Regulatory Secretariat Division (MVCB),
1800 F Street NW., 2nd Floor,
Washington, DC 20405, telephone 202–
501–4755. Please cite OMB Control No.
9000–0022, Duty-Free Entry, in all
correspondence.
Dated: July 10, 2014.
Karlos Morgan,
Acting Director, Federal Acquisition Policy
Division, Office of Government-wide
Acquisition Policy, Office of Acquisition
Policy, Office of Government-wide Policy.
[FR Doc. 2014–16601 Filed 7–14–14; 8:45 am]
BILLING CODE 6820–EP–P
DEPARTMENT OF DEFENSE
GENERAL SERVICES
ADMINISTRATION
NATIONAL AERONAUTICS AND
SPACE ADMINISTRATION
[OMB Control No. 9000–0047; Docket No.
2014–0055; Sequence 14]
Federal Acquisition Regulation;
Information Collection; Place of
Performance
Department of Defense (DOD),
General Services Administration (GSA),
and National Aeronautics and Space
Administration (NASA).
ACTION: Notice of request for public
comments regarding an extension to an
existing OMB clearance.
AGENCY:
Under the provisions of the
Paperwork Reduction Act (44 U.S.C.
chapter 35), the Regulatory Secretariat
Division (MVCB) will be submitting to
the Office of Management and Budget
(OMB) a request to review and approve
an extension of a currently approved
information collection requirement
concerning place of performance.
DATES: Submit comments on or before
September 15, 2014.
ADDRESSES: Submit comments
identified by Information Collection
9000–0047, Place of Performance by any
of the following methods:
• Regulations.gov: https://
www.regulations.gov. Submit comments
via the Federal eRulemaking portal by
searching the OMB Control number
9000–0047. Select the link ‘‘Comment
Now’’ that corresponds with
‘‘Information Collection 9000–0047,
SUMMARY:
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Agencies
[Federal Register Volume 79, Number 135 (Tuesday, July 15, 2014)]
[Notices]
[Pages 41284-41286]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-16545]
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FEDERAL TRADE COMMISSION
Agency Information Collection Activities; Proposed Collection;
Comment Request
AGENCY: Federal Trade Commission (``FTC'' or ``Commission'').
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The FTC intends to ask the Office of Management and Budget
(``OMB'') to extend for an additional three years the current Paperwork
Reduction Act (``PRA'') clearance for information collection
requirements contained in its Trade Regulation Rule on Disclosure
Requirements and Prohibitions Concerning Franchising (``Franchise
Rule'' or ``Rule''). That clearance expires on December 31, 2014.
DATES: Comments must be submitted by September 15, 2014.
ADDRESSES: Interested parties may file a comment online or on paper, by
following the instructions in the Request for Comment part of the
SUPPLEMENTARY INFORMATION section below. Write ``Franchise Rule, PRA
Comment, FTC File No. P094400'' on your comment, and file your comment
online at https://ftcpublic.commentworks.com/ftc/franchiserulePRA by
following the instructions on the web-based form. If you prefer to file
your comment on paper, mail your comment to the following address:
Federal Trade Commission, Office of the Secretary, 600 Pennsylvania
Avenue NW., Suite CC-5610 (Annex J), Washington, DC 20580, or deliver
your comment to the following address: Federal Trade Commission, Office
of the Secretary, Constitution Center, 400 7th Street SW., 5th Floor,
Suite 5610 (Annex J), Washington, DC 20024.
FOR FURTHER INFORMATION CONTACT: Requests for additional information
should be addressed to Craig Tregillus, Attorney, Division of Marketing
Practices, Bureau of Consumer Protection, Federal Trade Commission, 600
Pennsylvania Avenue NW., Room 8607, Washington, DC 20580, (202) 326-
2970.
SUPPLEMENTARY INFORMATION: Under the PRA, 44 U.S.C. 3501-3521, federal
agencies must obtain approval from OMB for each collection of
information they conduct or sponsor. ``Collection of information''
means agency requests or requirements that members of the public submit
reports, keep records, or provide information to a third party. 44
U.S.C. 3502(3); 5 CFR 1320.3(c). As required by section 3506(c)(2)(A)
of the PRA, the FTC is providing this opportunity for public comment
before requesting that OMB extend the existing clearance for the
information collection requirements contained in the Franchise Rule, 16
CFR Part 436 (OMB Control No. 3084-0107).
The FTC invites comments on: (1) Whether the proposed collection of
information is necessary for the proper performance of the functions of
the agency, including whether the information will have practical
utility; (2) the accuracy of the agency's estimate of the burden of the
proposed collection of information, including the validity of the
methodology and assumptions used; (3) ways to enhance the quality,
utility, and clarity of the information to be collected; and (4) ways
to minimize the burden of the collection of information on those who
are to respond, including through the use of appropriate automated,
electronic, mechanical, or other technological collection techniques or
other forms of information technology, e.g., permitting electronic
submission of responses.
The Franchise Rule ensures that consumers who are considering a
franchise investment have access to the material information they need
to make an informed investment decision provided in a format that
facilitates comparisons of different franchise offerings. The Rule
requires that franchisors disclose this information to consumers and
maintain records to facilitate enforcement of the Rule.
Amendments to the Rule promulgated on March 30, 2007, which took
effect after a one-year phase-in on July 1, 2008, merged the Rule's
disclosure requirements with the disclosure format accepted by 15
states that have franchise registration or disclosure laws.\1\ The
amended Rule has significantly minimized any compliance burden beyond
what is already required by state law.
---------------------------------------------------------------------------
\1\ 72 FR 15544 et seq.
---------------------------------------------------------------------------
The amended Rule requires franchisors to furnish prospective
purchasers with a Franchise Disclosure Document (``FDD'') that provides
information relating to the franchisor, its business, the nature of the
proposed franchise, and any representations by the franchisor about
financial performance regarding actual or potential sales, income, or
profits made to a prospective franchise purchaser. The franchisor must
preserve materially different copies of its disclosures and franchise
agreements, as well as information that provides a reasonable basis for
any financial performance representation it elects to make. These
requirements are subject to the PRA and underlie the Commission's
pursuit of renewed OMB clearance.
Estimated Annual Hours Burden: 16,750 hours
Based on a review of trade publications and information from state
regulatory authorities, staff believes that, on average, from year to
year, there are approximately 2,500 sellers of franchises covered by
the Rule, with perhaps about 10% of that total reflecting an equal
amount of new and departing business entrants.\2\ Commission staff's
burden hour estimate reflects the incremental tasks that the Rule may
impose beyond the information and recordkeeping requirements imposed by
state law and/or followed by franchisors who have been using the FDD
disclosure format nationwide. This estimate likely overstates the
actual incremental burden because some franchisors, for various
reasons, may not be covered by the Rule (e.g., they sell only
franchises that qualify for the Rule's large franchise investment
exemption of at least $1 million).
---------------------------------------------------------------------------
\2\ This number, which was also used in the 2011 clearance
request, appears to be consistent with the number of business format
franchise offerings registered in compliance with state franchise
laws, and listed in franchise directories.
---------------------------------------------------------------------------
Staff estimates that the average annual disclosure burden to update
existing disclosure documents will be three hours each for the 2,250
established franchisors, or 6,750 hours cumulatively for them, and 30
hours apiece each year for the 250 or so new-entrant franchisors to
prepare their initial disclosure documents, or 7,500 hours,
cumulatively, for the latter group. These estimates parallel staff's
2011 estimates for the amended Rule.\3\ No public comments were
received on those prior estimates. Accordingly, the FTC retains them
for this analysis subject to further opportunity for public comment.
---------------------------------------------------------------------------
\3\ See 76 FR 49479 (Aug. 10, 2011); 76 FR 67191 (Oct. 31,
2011).
---------------------------------------------------------------------------
As recognized in the 2011 analysis, covered franchisors also may
need to maintain additional documentation for the sale of franchises in
non-registration states, which could take up to an additional hour of
recordkeeping per
[[Page 41285]]
year. Assuming, as before, an hour of incremental recordkeeping per
covered franchisor, this yields an additional cumulative total of 2,500
hours for all covered franchisors.
Under the Rule, a franchisor is required to retain copies of
receipts of disclosure documents, as well as materially different
versions of its disclosure documents. Such recordkeeping requirements,
however, are consistent with, or less burdensome than, those imposed by
the states. Accordingly, staff believes that incremental recordkeeping
burden, if any, would be de minimis.
Based on the above assumptions and estimates, average annual burden
for new and established franchisors during a prospective three-year
clearance would be 16,750 hours ((30 hours of annual disclosure burden
x 250 new franchisors) + (3 hours of average annual disclosure burden x
2,250 established franchisors) + (1 hour of annual recordkeeping burden
x 2,500 franchisors)).
Estimated Annual Labor Cost Burden: $3,597,500
Labor costs are derived by applying appropriate hourly cost figures
to the burden hours described above. The hourly rates used below are
estimated averages.
Commission staff anticipates that an attorney will prepare the
disclosure document. Applying the above assumptions to an estimated
hourly attorney rate of $250 yields the following annual totals: $7,500
per new franchisor (or, $1,875,000, cumulatively, for new franchisors)
and $750 per established franchisor (or, $1,687,500, cumulatively, for
established franchisors).
The FTC additionally anticipates that recordkeeping under the Rule
will be performed by clerical staff at approximately $14 per hour.\4\
Thus, 2,500 hours of recordkeeping burden per year for all covered
franchisors will amount to a total annual labor cost of $35,000.
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\4\ Based on mean hourly wages for file clerks found in
``Occupational Employment and Wages--May 2013,'' U.S. Department of
Labor, released April 1, 2014, Table 1, available at https://www.bls.gov/news.release/pdf/ocwage.pdf.
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Cumulatively, then, total estimated labor cost under the Rule is
$3,597,500 (($7,500 attorney costs x 250 new franchisors = $1,875,000)
+ ($750 attorney costs x 2,250 established franchisors = $1,687,500) +
($14 clerical costs x 2,500 franchisors = $35,000)).
Estimated Non-Labor Costs: $8,000,000
In developing cost estimates initially for this Rule, FTC staff
consulted with practitioners who prepare disclosure documents for a
cross-section of franchise systems. The FTC believes that its cost
estimates remain representative of the costs incurred by franchise
systems generally. In addition, many franchisors establish and maintain
Web sites for ordinary business purposes, including advertising their
goods or services and to facilitate communication with the public.
Accordingly, any costs franchisors would incur specifically as a result
of electronic disclosure under the Rule appear to be minimal.
As set forth in the 2011 Notices, FTC staff estimates that the non-
labor burden incurred by franchisors under the Franchise Rule differs
based on the length of the disclosure document and the number of them
produced. Staff estimates that 2,000 franchisors (80% of total
franchisors covered by the Rule) will print and mail 100 disclosure
documents at $35 each. Thus, these franchisors would each incur an
estimated $3,500 in printing and mailing costs. Staff estimates that
the remaining 20% of covered franchisors (500) will transmit 50% of
their 100 disclosure documents electronically, at $5 per electronic
disclosure. Thus, these franchisors will each incur $2,000 in
distribution costs (($250 for electronic disclosure [$5 for electronic
disclosure x 50 disclosure documents]) + ($1,750 for printing and
mailing [$35 for printing and mailing x 50 disclosure documents])).
Accordingly, the cumulative annual non-labor costs for the Rule is
approximately $8,000,000 (($3,500 printing and mailing costs x 2,000
franchisors = $7,000,000) + ($250 electronic distribution costs +
$1,750 printing and mailing costs) x 500 franchisors = $1,000,000)).
Request for Comment: You can file a comment online or on paper. For
the FTC to consider your comment, we must receive it on or before
September 15, 2014. Write ``Franchise Rule, PRA Comment, FTC File No.
P094400'' on your comment. Your comment--including your name and your
state--will be placed on the public record of this proceeding,
including, to the extent practicable, on the public Commission Web
site, at https://www.ftc.gov/os/publiccomments.shtm. As a matter of
discretion, the Commission tries to remove individuals' home contact
information from comments before placing them on the Commission Web
site.
Because your comment will be made public, you are solely
responsible for making sure that your comment does not include any
sensitive personal information, like anyone's Social Security number,
date of birth, driver's license number or other state identification
number or foreign country equivalent, passport number, financial
account number, or credit or debit card number. You are also solely
responsible for making sure that your comment does not include any
sensitive health information, like medical records or other
individually identifiable health information. In addition, do not
include any ``[t]rade secret or any commercial or financial information
which is obtained from any person and which is privileged or
confidential . . . ,'' as provided in Section 6(f) of the FTC Act, 15
U.S.C. 46(f), and FTC Rule 4.10(a)(2), 16 CFR 4.10(a)(2). If you want
the Commission to give your comment confidential treatment, you must
file it in paper form, with a request for confidential treatment, and
you have to follow the procedure explained in FTC Rule 4.9(c), 16 CFR
4.9(c).\5\ Your comment will be kept confidential only if the FTC
General Counsel grants your request in accordance with the law and the
public interest.
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\5\ In particular, the written request for confidential
treatment that accompanies the comment must include the factual and
legal basis for the request, and must identify the specific portions
of the comment to be withheld from the public record. See FTC Rule
4.9(c), 16 CFR 4.9(c).
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Postal mail addressed to the Commission is subject to delay due to
heightened security screening. As a result, we encourage you to submit
your comments online, or to send them to the Commission by courier or
overnight service. To make sure that the Commission considers your
online comment, you must file it at https://ftcpublic.commentworks.com/ftc/franchiserulePRA by following the instructions on the web-based
form. If this Notice appears at https://www.regulations.gov/#!home, you
also may file a comment through that Web site.
If you file your comment on paper, write ``Franchise Rule, PRA
Comment, FTC File No. P094400'' on your comment and on the envelope,
and mail it to the following address: Federal Trade Commission, Office
of the Secretary, 600 Pennsylvania Avenue NW., Suite CC-5610 (Annex J),
Washington, DC 20580, or deliver your comment to the following address:
Federal Trade Commission, Office of the Secretary, Constitution Center,
400 7th Street SW., 5th Floor, Suite 5610 (Annex J), Washington, DC
20024. If
[[Page 41286]]
possible, submit your paper comment to the Commission by courier or
overnight service.
The FTC Act and other laws that the Commission administers permit
the collection of public comments to consider and use in this
proceeding as appropriate. The Commission will consider all timely and
responsive public comments that it receives on or before September 15,
2014. You can find more information, including routine uses permitted
by the Privacy Act, in the Commission's privacy policy, at https://www.ftc.gov/ftc/privacy.htm.
David C. Shonka,
Principal Deputy General Counsel.
[FR Doc. 2014-16545 Filed 7-14-14; 8:45 am]
BILLING CODE 6750-01-P