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 annual hours of burden has slightly increased from 2,823,803 estimated hours in 2017 to 3,069,314 estimated hours in 2020. This slight increase is largely attributable to our estimate that more retailers are now subject to warranty requirements. The associated labor burden figure increased from $62,123,688 in 2017 to $70,594,222 in 2020. This labor cost increase is attributable in part to our estimate that more retailers are now subject to the Rule as well as a slight increase in the clerical hourly rates since 2017.
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.