Notice of Request for Extension and Revision of a Currently Approved Information Collection

DEPARTMENT OF AGRICULTURE

Rural Utilities Service

Notice of Request for Extension and Revision of a Currently

Approved Information Collection

AGENCY: Rural Utilities Service, USDA.

ACTION: Notice and request for comments.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, this

notice announces the Rural Utilities Service's (RUS) intentions to

request an extension for and revision to currently approved information

collection.

DATES: Comments on this notice must be received by November 24, 1995.

FOR FURTHER INFORMATION CONTACT: Dawn D. Wolfgang, Management Analyst,

Program Support Staff, Rural Utilities Service, U.S. Department of

Agriculture, 14th & Independence Ave., SW., AG Box 1522, Washington, DC

20250-1533. Telephone: (202) 720-0812. FAX: (202) 720-4120.

SUPPLEMENTARY INFORMATION:

Title: Review Rating Summary.

OMB Number: 0572-0025.

Expiration Date of Approval: December 31, 1995.

Type of Request: Extension and revision of a currently approved

information collection.

Abstract: The Rural Utilities Services (RUS) manages loan programs

in accordance with the Rural Electrification Act of 1936, 7 U.S.C. 901

et seq., as amended. An important part of safeguarding loan security is

to see that RUS financed facilities are being responsibly used,

adequately operated, and adequately maintained. Future needs have to be

anticipated to ensure that facilities will continue to produce revenue

and that loans will be repaid as required by the RUS mortgage. A

periodic operations and maintenance (O&M) review, using the RUS Form

300, in accordance with RUS Bulletin 161-5, is an effective means for

RUS to determine whether the borrowers' systems are being properly

operated and maintained, thereby protecting the loan collateral. An O&M

review is also used to rate facilities and can be used for appraisals

of collateral as prescribed by Office of Management and Budget (OMB)

Circular A-129, Policies for Federal Credit Programs and Non-Tax

Receivables.

Estimate of Burden: Public Reporting burden for this collection of

information is estimated to average 4 hours per response.

Respondents: Businesses or other for-profit, small businesses or

organizations.

Estimated Number of Respondents: 280

Estimated Number of Responses per Respondent: 1

Estimated Total Annual Burden on Respondents: 1,120

Copies of this information collection, and related form and

instructions, can be obtained from Dawn Wolfgang, Program Support

Staff, at (202) 720-0812.

Comments: Send comments regarding this burden estimate, including

suggestions for reducing this burden through the use of automated

collection techniques or other information technology, to:

F. Lamont Heppe, Jr., Deputy Director, Program Support Staff, Rural

Utilities Service, U.S. Department of Agriculture, 14th & Independence

Ave., SW., AG Box 1522, Washington, DC 20250-1522. FAX: (202) 720-4120.

All responses to this notice will be summarized and included in the

request for OMB approval. All comments will also become a matter of

public record.

Dated: September 18, 1995.

Wally Beyer,

Administrator, Rural Utilities Service.

[FR Doc. 95-23648 Filed 9-22-95; 8:45 am]

BILLING CODE 3410-15-P