Federal Register: May 13, 2008 (Volume 73, Number 93)
DOCID: fr13my08-55 FR Doc E8-10593
DEPARTMENT OF HOMELAND SECURITY
Federal Emergency Management Agency
DOCUMENT ACTION: Notice; 60-day notice and request for comments; Extension, without change, of a currently approved collection, OMB Number 1660 0020; No Forms.
Agency Information Collection Activities: Proposed Collection; Comment Request
The Federal Emergency Management Agency, as part of its continuing effort to reduce paperwork
and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on a continuing information collection. In accordance with the Paperwork Reduction Act of 1995, this notice seeks comments concerning Write Your Own Companies requirements to submit financial data to FEMA on a monthly basis.
Agency Information Collection Activities; Proposals, Submissions, and Approvals,
Under the Write Your Own (WYO) Program, FEMA
regulation 44 CFR 62.3 authorizes the Federal Insurance Administrator
to enter into arrangements with individual private sector insurance
companies that are licensed to engage in the business of property
insurance. To insure that any policyholder money is accounted for and
appropriately expended, the Federal Insurance and Mitigation
Administration (FIMA) and WYO companies implemented a Financial Control
Plan under FEMA regulation 44 CFR Part 62, Appendix B. This plan
requires that each WYO company submit financial data on a monthly basis.
Collection of Information
Title: Write Your Own (WYO) Program.
Type of Information Collection: Extension, without change, of a currently approved collection.
OMB Number: 16600020.
Form Numbers: None.
Abstract: Under the Write Your Own (WYO) Program, private sector
insurance companies may offer flood insurance to eligible property
owners. The Federal Government is guarantor of flood insurance coverage for WYO companies, issued under the WYO arrangements.
Affected Public: Business or other forprofit.
Estimated Total Annual Burden Hours: 687 hours.
Annual Hour Burden
Data collection activity/ Number of Frequency of Hour burden Annual Total annual instrument respondents responses per response responses burden hours (A) (B) (C) (D) = (A x B) (C x D) Financial Report (WYO).......... 97 12 .59 1,164 687
Total....................... 97 12 .59 1,164 687
Estimated Cost: The estimated annualized cost to respondents based on wage rate categories is $18,782.00. The estimated annual cost to the Federal Government is $168,907.00.
Comments: Written comments are solicited to (a) evaluate whether the proposed data collection is necessary for the proper performance of the agency, including whether the information shall have practical utility; (b) evaluate the accuracy of the agency's estimate of the burden of the proposed collection of information, including the validity of the methodology and assumptions used; (c) enhance the quality, utility, and clarity of the information to be collected; and (d) minimize the burden of the collection of information on those who are to respond, including through the use of appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology, e.g., permitting electronic submission of responses. Comments must be submitted on or before July 14, 2008.
FOR FURTHER INFORMATION CONTACT
Contact Kevin Montgomery, Financial
Management Specialist, Federal Insurance and Mitigation Administration,
(301) 9181453 for additional information. You may contact the Records
Management Section for copies of the proposed collection of information
at facsimile number (202) 6463347 or email address: FEMAInformation Collections@dhs.gov.
Dated: April 28, 2008.
John A. SharettsSullivan,
Director, Records Management Division, Office of Management, Federal Emergency Management Agency, Department of Homeland Security. [FR Doc. E810593 Filed 51208; 8:45 am]
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