FERC's records retention regulations cover records maintained by public utilities and licensees, natural gas and oil pipeline companies. These records serve as the basis for required rate filings and reports submitted to FERC. The records are retained in order to be reviewed by FERC staff during periodic compliance reviews, special analyses performed as deemed necessary by FERC and serve as a basis in complaint proceedings. FERC issued Order No. 617 reducing the retention periods to make reductions and elimination of unnecessary burden on jurisdictional entities.
There is a change to the burden as a result of an adjustment in the number of entities that are subject to the CommissionÂs jurisdiction. This adjustment reflects consolidation within the industries regulated by FERC. Consolidation has occurred due to mergers, acquisitions or withdrawing from the industry.
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.