View Information Collection Request (ICR) Package
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View Information Collection (IC) List
View Supporting Statement and Other Documents
Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.
View ICR - OIRA Conclusion
OMB Control No:
3245-0007
ICR Reference No:
200805-3245-002
Status:
Historical Active
Previous ICR Reference No:
200704-3245-004
Agency/Subagency:
SBA
Agency Tracking No:
Title:
Surety Bond Guarantee Assistance
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:
08/22/2008
Retrieve Notice of Action (NOA)
Date Received in OIRA:
05/13/2008
Terms of Clearance:
This collection is approved for one year so that the agency may have the opportunity to correct errors in this submission. The agency reported that no small entities responded to this collection. The agency reported that 70% of respondents responded electronically to forms identified as paper only. The agency did not provide cites to the regulatory authority relevant to this collection. In addition, the agency should separate this submission into multiple information collections so as to better describe the burden imposed on small businesses vs. burden imposed on the sureties.
Inventory as of this Action
Requested
Previously Approved
Expiration Date
08/31/2009
36 Months From Approved
08/31/2008
Responses
17,916
0
16,271
Time Burden (Hours)
1,959
0
2,012
Cost Burden (Dollars)
0
0
0
Abstract:
By Law, prior to issuing its guarantee, SBA is required to determine if there is reasonable expectations that the principal will perform the convenants and conditions of the contract in question. SBA forms 990, 991, 994B, 994C, and 994F are designed to evaluate the capabilities and potential of success of small business contractors in the Surety Bond Guarantee Programs. In the event of a defaulted guarantee, resulting in loss and expenses by the surety the SBA Form 994H is used to reimburse the surety for its paid losses.
Authorizing Statute(s):
None
Citations for New Statutory Requirements:
None
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
Not associated with rulemaking
Federal Register Notices & Comments
60-day Notice:
Federal Register Citation:
Citation Date:
73 FR 5257
01/29/2008
30-day Notice:
Federal Register Citation:
Citation Date:
73 FR 15028
03/20/2008
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
Surety Bond Guarantee Assistance
990, 991, 994B, 994F, 994H
Surety Bond Guarantee Agreement
,
Surety Bond Guarantee Agreement Addendum
,
Surety Bond Guarantee Underwriting Review
,
Schedule of Work in Process
,
Default Report Claim for Reimbursement
Surety Bond Guarantee Assistance
SBA Form 990 , SBA Form 990-Agent , SBA Form 991 , SBA FORM 994B, SBA FORM 994H, SBA FORM 994F, SBA Form 994, SBA Form 990-Contractor's
SURETY BOND GUARANTEE AGREEMENT
,
SURETY BOND GUARANTEE AGREEMENT ADDENDUM
,
Application for surety bond guarantee assistance to be completedby small business
,
SURETY BOND GUARANTEE UNDERWRITNG REVIEW
,
SCHEDULE OF WORK IN PROCESS
,
DEFAULT REPORT CLAIM FOR REIMBURSEMENT
,
Contractor's User's Manual
,
SBA Form 990 Agent User's Manaual
ICR Summary of Burden
Total Approved
Previously Approved
Change Due to New Statute
Change Due to Agency Discretion
Change Due to Adjustment in Estimate
Change Due to Potential Violation of the PRA
Annual Number of Responses
17,916
16,271
0
1,645
0
0
Annual Time Burden (Hours)
1,959
2,012
0
-53
0
0
Annual Cost Burden (Dollars)
0
0
0
0
0
0
Burden increases because of Program Change due to Agency Discretion:
Yes
Burden Increase Due to:
Miscellaneous Actions
Burden decreases because of Program Change due to Agency Discretion:
Yes
Burden Reduction Due to:
Miscellaneous Actions
Short Statement:
Based upon recent program activity and future program goal projections.
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
Agency Contact:
Barbara Brannan 202 205-6545 barbara.brannan@sba.gov
Common Form ICR:
No
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:
(a) It is necessary for the proper performance of agency functions;
(b) It avoids unnecessary duplication;
(c) It reduces burden on small entities;
(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
(f) It indicates the retention periods for recordkeeping requirements;
(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
(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;
(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
(i) It uses effective and efficient statistical survey methodology (if applicable); and
(j) It makes appropriate use of information technology.
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.
Certification Date:
05/13/2008
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