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OMB Control No: 1902-0098	ICR Reference No: 199805-1902-003
Status: Historical Active	Previous ICR Reference No: 199503-1902-001
Agency/Subagency: FERC	Agency Tracking No:
Title: Preservation of Records of Public Utilities and Licensees, Natural Gas Companies, and Oil Pipeline Companies
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 07/22/1998
	Date Received in OIRA: 05/05/1998
Terms of Clearance: As agreed upon by the agency, FERC will achieve the following two goals within the specified time periods: By January 15, 1999, The Commission will issue an Accounting Release (AR) that will waive the media requirement. Respondents will be permitted to keep the records in whatever form they desire, provided that the information is available in a format that is accessible to FERC auditors. By July 20, 1999, The Commission will issue a Notice of Proposed Rulemaking to revise the records retention requirements. The requirement for General Ledgers will be reduced to 10 years, and the requirement for Plant Ledgers will be reduced to 25 years. In addition, The Commission, in coordination with industry, will conduct a systematic review of all retention requirements with the goal of a general revision of those requirements.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	07/31/2001	07/31/2001	07/31/1998
Responses	515	0	500
Time Burden (Hours)	1,236,000	0	1,200,000
Cost Burden (Dollars)	0	0	0

Abstract: The records retention regulations establish retention periods and necessary guidelines and requirements to sustain retention of applicable records for the 515 regulated public utilities, natural gas, and oil pipeline companies subject to the jurisdiction of the Federal Energy Regulatory Commission.

Authorizing Statute(s): None

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:

Federal Register Notices & Comments
Did the Agency receive public comments on this ICR? No

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Preservation of Records of Public Utilities and Licensees, Natural Gas Companies, and Oil Pipeline Companies	555

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	515	500	15
Annual Time Burden (Hours)	1,236,000	1,200,000	36,000
Annual Cost Burden (Dollars)	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

View ICR - OIRA Conclusion