# 30 CFR § 553.5: What is the authority for collecting Oil Spill Financial Responsibility (OSFR) information?

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-30-553.5

## Section

- **Citation:** 30 CFR § 553.5
- **Heading:** What is the authority for collecting Oil Spill Financial Responsibility (OSFR) information?
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 30—Mineral Resources > CHAPTER V—BUREAU OF OCEAN ENERGY MANAGEMENT, DEPARTMENT OF THE INTERIOR > SUBCHAPTER B—OFFSHORE > PART 553—OIL SPILL FINANCIAL RESPONSIBILITY FOR OFFSHORE FACILITIES > Subpart A—General

## Text

(a) The Office of Management and Budget (OMB) has approved the information collection requirements in this part 553 under 44 U.S.C. 3501 et seq., and assigned OMB control number 1010-0106.
(b) BOEM collects the information to ensure that the designated applicant for a COF has the financial resources necessary to pay for cleanup and damages that could be caused by oil discharges from the COF. BOEM uses the information to ensure compliance of offshore lessees, owners, and operators of covered facilities with OPA; to establish eligibility of designated applicants for OSFR certification (OSFRC); and to establish a reference source of names, addresses, and telephone numbers of responsible parties for covered facilities and their designated agents, guarantors, and U.S. agents for service of process for claims associated with oil pollution from designated covered facilities. The requirement to provide the information is mandatory. No information submitted for OSFRC is confidential or proprietary.
(c) An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid OMB control number.
(d) Send comments regarding any aspect of the collection of information under this part, including suggestions for reducing the burden, to the Information Collection Clearance Officer, Bureau of Ocean Energy Management, 45600 Woodland Road, Sterling, VA 20166.
[76 FR 64623, Oct. 18, 2011, as amended at 80 FR 57097, Sept. 22, 2015]

## Nearby sections

- [30 CFR § 553.1 § 553.1 What is the purpose of this part?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.1.md)
- [30 CFR § 553.3 § 553.3 How are the terms used in this regulation defined?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.3.md)
- [30 CFR § 553.5 § 553.5 What is the authority for collecting Oil Spill Financial Responsibility (OSFR) information?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.5.md)
- [30 CFR § 553.10 § 553.10 What facilities does this part cover?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.10.md)
- [30 CFR § 553.11 § 553.11 Who must demonstrate OSFR?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.11.md)
- [30 CFR § 553.12 § 553.12 May I ask BOEM for a determination of whether I must demonstrate OSFR?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.12.md)
- [30 CFR § 553.13 § 553.13 How much OSFR must I demonstrate?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.13.md)
- [30 CFR § 553.14 § 553.14 How do I determine the worst case oil-spill discharge volume?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.14.md)
- [30 CFR § 553.15 § 553.15 What are my general OSFR compliance responsibilities?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.15.md)
- [30 CFR § 553.20 § 553.20 What methods may I use to demonstrate OSFR?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.20.md)
- [30 CFR § 553.21 § 553.21 How can I use self-insurance as OSFR evidence?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.21.md)
- [30 CFR § 553.22 § 553.22 How do I apply to use self-insurance as OSFR evidence?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.22.md)
- [30 CFR § 553.23 § 553.23 What information must I submit to support my net worth demonstration?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.23.md)
- [30 CFR § 553.24 § 553.24 When I submit audited annual financial statements to verify my net worth, what standards must they meet?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.24.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-30-553.5. Check the current official text before relying on it. Not legal advice.
