Notice2025-12545
Commission Information Collection Activities (FERC-604) Comment Request; Extension
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
July 7, 2025
Issuing agencies
Energy DepartmentFederal Energy Regulatory Commission
Abstract
In compliance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the Federal Energy Regulatory Commission (Commission or FERC) is soliciting public comment on the currently approved requirements and burden of information collection, FERC-604 (Cash Management Agreements).
Full Text
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<title>Federal Register, Volume 90 Issue 127 (Monday, July 7, 2025)</title>
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[Federal Register Volume 90, Number 127 (Monday, July 7, 2025)]
[Notices]
[Pages 29861-29862]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-12545]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. IC25-16-000]
Commission Information Collection Activities (FERC-604) Comment
Request; Extension
AGENCY: Federal Energy Regulatory Commission.
ACTION: Notice of information collection and request for comments.
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SUMMARY: In compliance with the requirements of the Paperwork Reduction
Act of 1995 (PRA), the Federal Energy Regulatory Commission (Commission
or FERC) is soliciting public comment on the currently approved
requirements and burden of information collection, FERC-604 (Cash
Management Agreements).
DATES: Comments on the collections of information are due September 5,
2025.
ADDRESSES: Please submit comments via email to <a href="/cdn-cgi/l/email-protection#8fcbeefbeecce3eaeefdeee1eceacfc9caddcca1e8e0f9"><span class="__cf_email__" data-cfemail="5e1a3f2a3f1d323b3f2c3f303d3b1e181b0c1d70393128">[email protected]</span></a>.
You must specify the Docket No. (IC25-16-000) and the FERC Information
Collection number (FERC-604) in your email. If you are unable to file
electronically, comments may be filed by USPS mail or by hand
(including courier) delivery:
<bullet> Mail via U.S. Postal Service only, addressed to: Federal
Energy Regulatory Commission, Secretary of the Commission, 888 First
Street NE, Washington, DC 20426.
<bullet> Hand (including courier) delivery to: Federal Energy
Regulatory Commission, 12225 Wilkins Avenue, Rockville, MD 20852.
Docket: To view comments and issuances in this docket, please visit
<a href="https://elibrary.ferc.gov/eLibrary/search">https://elibrary.ferc.gov/eLibrary/search</a>. Once there, you can also
sign-up for automatic notification of activity in this docket.
FOR FURTHER INFORMATION CONTACT: Kayla Williams, (202) 502-6468.
<a href="/cdn-cgi/l/email-protection#7e3a1f0a1f3d121b1f0c1f101d1b3e383b2c3d50191108"><span class="__cf_email__" data-cfemail="490d283d280a252c283b28272a2c090f0c1b0a672e263f">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Title: FERC-604 (Cash Management Agreements).
OMB Control No.: 1902-0267.
Type of Request: Three-year extension of the FERC-604 with no
changes to the current reporting requirements.
Abstract: This collection of information is authorized by the
following statutory provisions:
<bullet> Sections 8 and 10 of the Natural Gas Act (15 U.S.C. 717g
and 717i);
<bullet> Sections 301 and 304 of the Federal Power Act (16 U.S.C.
835 and 825c); and
[[Page 29862]]
<bullet> Sections 20(1) and 20(5) of the Interstate Commerce Act
(49 App. U.S.C. 20(1) and 20(5)).
Cash management or ``money pool'' programs typically concentrate
affiliates' cash assets in joint accounts for the purpose of providing
financial flexibility and lowering the cost of borrowing. In a 2002
investigation, FERC staff found that balances in cash management
programs affecting FERC-regulated entities totaled approximately $16
billion. Additionally, other investigations revealed large transfers of
funds (amounting to more than $1 billion) between regulated pipeline
affiliates and non-regulated parents whose financial conditions were
precarious. The Commission found that these and other fund transfers
and the enormous (mostly unregulated) pools of money in cash management
programs could detrimentally affect regulated rates.
To protect customers and promote transparency, the Commission
issued Order 634-A (2003) requiring entities to formalize in writing
and file with the Commission their cash management agreements. At that
time, the Commission obtained OMB clearance for this new reporting
requirement under the FERC-555 information collection (OMB Control No.
1902-0098). Now, the Commission includes these reporting requirements
for cash management agreements under the FERC-604 information
collection (OMB Control No. 1902-0267). The Commission implemented
these reporting requirements in 18 CFR 141.500, 260.400, and 357.5.
Type of Respondents: Public utilities, natural gas companies, and
oil pipeline companies.
Estimate of Annual Burden.\1\ The Commission estimates the annual
public reporting burden for the information collection as:
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\1\ Burden is defined as the total time, effort, or financial
resources expended by persons to generate, maintain, retain, or
disclose or provide information to or for a federal agency. See 5
CFR 1320 for additional information on the definition of information
collection burden.
FERC-604, Cash Management Agreements
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Number of Average burden hours &
Number of respondents responses per Total number of average cost \2\ per Total annual burden hours Cost per
respondent responses response ($) & total annual cost ($) respondent ($)
(1) (2) (1) * (2) = (3) (4)....................... (3) * (4) = (5)........... (5) / (1) = (6)
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45..................................... 1 45 1.5 hours; $155........... 67.5 hours; $6,953........ $155
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Comments: Comments are invited on: (1) whether the collections of
information are necessary for the proper performance of the functions
of the Commission, including whether the information will have
practical utility; (2) the accuracy of the agency's estimates of the
burden and cost of the collections of information, including the
validity of the methodology and assumptions used; (3) ways to enhance
the quality, utility and clarity of the information collections; and
(4) ways to minimize the burden of the collections of information on
those who are to respond, including the use of automated collection
techniques or other forms of information technology.
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\2\ The Commission staff estimates that the industry's hourly
cost for wages plus benefits is similar to the Commission's $103 FY
2025 average hourly cost for wages and benefits ($214,093 annual
costs).
Dated: July 1, 2025.
Carlos D. Clay,
Deputy Secretary.
[FR Doc. 2025-12545 Filed 7-3-25; 8:45 am]
BILLING CODE 6717-01-P
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