The information covered by this collection consists of all of the information required in support of an application for a Rural Broadband Loan or Loan Guarantee as authorized under Title VI of the Rural Electrification Act.
There is an adjustment reduction of -14,995 hours since the last submission. The reduction is a combined result reflecting a decrease in the initial 300 estimated applications for the new program to the estimated 40 received during the last 3 years. The per response time was also under estimated and the agency has recalculated the per response time from 90 to 325 hours for loan application completion and 8 to 24 hours for preparation of loan documents.
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:
(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;
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.