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OMB Control No: 1902-0089	ICR Reference No: 202403-1902-018
Status: Active	Previous ICR Reference No: 202211-1902-002
Agency/Subagency: FERC	Agency Tracking No: FERC-550
Title: FERC-550, Oil Pipeline Rates - Tariff Filings and Depreciation Studies (PL24-1-000)
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 06/27/2024
	Date Received in OIRA: 04/05/2024
Terms of Clearance: Because the agency sought comments only on the changes associated with the policy statement, the existing expiration date remains the same for this collection. In accordance with 5 CFR 1320, the information collection is approved.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	07/31/2026	36 Months From Approved	07/31/2026
Responses	803	0	796
Time Burden (Hours)	6,403	0	6,298
Cost Burden (Dollars)	0	0	0

Abstract: The Commission's regulatory jurisdiction over oil pipelines includes: • the regulation of rates and practices of oil pipeline companies engaged in interstate transportation; • the establishment of equal service conditions to provide shippers with equal access to pipeline transportation; and • the establishment of reasonable rates for transporting petroleum and petroleum products by pipeline. The filing requirements for oil pipeline tariffs and rates under the FERC-550 data collection provide the Commission with the information it needs to analyze the rates, practices, and service conditions of oil pipelines. As a result, the Commission can implement statutory directives for the federal regulation of these carriers. Major statutory and rate-making milestones in the Commission’s regulation of oil pipelines rates (“Historical Background of Oil Pipeline Ratemaking”) are included in reginfo.gov and ROCIS under “Supplementary Documents” and posted at https://www.ferc.gov/federal-statutes. In the final policy statement, PL24-1-000, the Commission is clarifying that the cost data (submitted via the FERC-550) should include project-wide labor wages and include union and non-union wages. The Commission clarified it will look to applicable collective-bargaining agreements or Project Labor Agreements as an appropriate default source of project-area wage standards because collectively bargained wages reflect actual wage and fringe benefit rates paid to the project workforce. Collective-bargaining agreements reflect the actual labor cost that should be include in oil pipeline cost-of-service rate filings and depreciation studies, including future retirement costs.

Authorizing Statute(s): US Code: 49 USC 1 Name of Law: Interstate Commerce Act

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:
	88 FR 73833	10/27/2023
30-day Notice:	Federal Register Citation:	Citation Date:
	89 FR 21503	03/28/2024
Did the Agency receive public comments on this ICR? No

Number of Information Collection (IC) in this ICR: 3

IC Title	Form No.	Form Name
FERC-550: Oil Pipeline Rates - Tariff Filings
Oil Pipeline Rates - Depreciation Studies
Project Area Labor Wages

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	803	796	7
Annual Time Burden (Hours)	6,403	6,298	105
Annual Cost Burden (Dollars)	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: No

Burden Reduction Due to:

Short Statement: There is an increase in both burden and responses due to the final policy statement PL24-1-000, which will require filers to submit information on project area wages, if they choose to seek new or revised rates. Specifically, responses are increasing by 7 and burden hours are increasing by 105 hours.

Annual Cost to Federal Government: $1,670,684

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

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination. No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination. No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

Agency Contact: James Sarikas 202 502-6831 james.sarikas@ferc.gov

View ICR - OIRA Conclusion