Standard Reinsurance Agreement Plan of Operations

OMB Control No: 0563-0069	ICR Reference No: 201404-0563-001
Status: Historical Active	Previous ICR Reference No: 201105-0563-003
Agency/Subagency: USDA/FCIC	Agency Tracking No:
Title: Standard Reinsurance Agreement Plan of Operations
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved with change	Conclusion Date: 12/23/2014
Retrieve Notice of Action (NOA)	Date Received in OIRA: 08/06/2014
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2017	36 Months From Approved	12/31/2014
Responses	50,874	0	70,252
Time Burden (Hours)	173,200	0	175,684
Cost Burden (Dollars)	0	0	0

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Abstract: The information is required to evaluate the insurer's financial and operational capability to deliver the crop insurance program in accordance with the FCIC Act. There are 19 private insurance companies holding an approved Standard Reinsurance Agreement (SRA).

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Authorizing Statute(s): US Code: 7 USC Chapter 36 Sec. 1508(k) Name of Law: Federal Crop Insurance Act

Citations for New Statutory Requirements: PL: Pub.L. 110 - 234 12001-12034 Name of Law: Food, Conservation, and Energy Act of 2008 - Farm Bill

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	79 FR 19047	04/07/2014
30-day Notice:	Federal Register Citation:	Citation Date:
	79 FR 44383	07/31/2014
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title Form No. Form Name Standard Reinsurance Agreement N/A, N/A, N/A, N/A, N/A, N/A, N/A, N/A Business Pandemic Influenza Checklist - Appendix II ,   Exhibit V.c: Commercial Fund Template ,   Exhibit IV.h.2: Escrow Agreement with Bank ,   Exhibit IV.h.1: Escrow Agreement with Reinsured Company ,   Exhibit III.h.1-3: Total Expense ,   Exhibit III.g.1-3: Loss Adjustment Expense Template ,   Exhibit III.f.1-3Agent Comp Template ,   Exhibit V.b: Estimated Premium Template

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	50,874	70,252	0	-15,016	-4,362	0
Annual Time Burden (Hours)	173,200	175,684	0	-15,384	12,900	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Miscellaneous Actions

Short Statement: Reduction was a result of not requiring companies to certify annually by allowing the SRA certifcation of section III.a.2.K to remain in effect for subsequent years.

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Annual Cost to Federal Government: $0

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

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? 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? Uncollected

Agency Contact: Shannon Persetic 202 720-2516 [email protected]

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Common Form ICR:  No

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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:
		(a) It is necessary for the proper performance of agency functions;
		(b) It avoids unnecessary duplication;
		(c) It reduces burden on small entities;
		(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
		(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
		(f) It indicates the retention periods for recordkeeping requirements;
		(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
			(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;
		(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
		(i) It uses effective and efficient statistical survey methodology (if applicable); and
		(j) It makes appropriate use of information technology.
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.
Certification Date: 08/06/2014

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