This Form is used by RUS Generation and Transmission (G&T) borrowers to enter into agreement with their distribution members for purchase of power from the G&T. This allows the Agency to determine credit quality and credit worthiness and determine repayment ability of loans and loan guarantees.
US Code:
7 USC 904
Name of Law: Rural Electrification Act of 1936 (RE Act)
Since the last submission, the number of respondents decreased by 82 from 102 to 20 respondents directly affecting the annual burden hours with an adjustment decrease of 492 annual burden hours from 612 to 120 annual burden hours.
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.