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 increased from 2,446,610 estimated hours in 2014 to 2,823,803 estimated hours in 2017. This slight increase is largely attributable to our estimate that more manufacturers and retailers are subject to warranty requirements. The associated labor burden figure increased from $51,378,810 in 2014 to $62,123,688 in 2017. This labor cost increase is attributable in part to our estimate that more manufacturers and retailers are subject to the Rule as well as a slight increase in the clerical hourly rates since 2014.
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.