The Rule ensures that consumers can make informed decisions by requiring that retailers make available to consumers before purchase the terms of written warranties for consumer products. The Rule also requires warrantors (i.e., manufacturers) to provide retailers with the materials necessary to do so.
There are no program changes. The estimated total annual hours burden has slightly decreased from 2,490,000 estimated hours in 2010 down to 2,446,610 estimated hours in 2013. This slight decrease is largely attributable to our estimate that more manufacturers make warranty information available in electronic form than in paper format to fulfill their obligations under the Rule. This results in less compliance time for each manufacturer. The associated labor burden figure increased from $47,312,356 in 2010 to $51,378,810 in 2013. This labor cost increase is attributable to a slight increase in the hourly rates since 2010.
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.