[Federal Register Volume 86, Number 30 (Wednesday, February 17, 2021)]
[Notices]
[Page 9938]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-03126]


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FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL

[Docket No. AS21-01]


Standardized Instructions and Format To Be Used for Interim and 
Final Progress Reporting

AGENCY: Appraisal Subcommittee of the Federal Financial Institutions 
Examination Council

ACTION: The Appraisal Subcommittee (ASC) is issuing this Notice of 
Request for public comment on the standardized Appraisal Subcommittee 
Progress Report (ASC-PR) format to be used for both interim and final 
progress reporting for all ASC grants and submission to Office of 
Management and Budget (OMB) of proposed collection of information.

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DATES: Written comments must be received on or before March 19, 2021 to 
be assured of consideration.

ADDRESSES: Written comments and recommendations for the proposed 
information collection should be sent to www.reginfo.gov/public/do/PRAMain. Find this particular information collection by selecting 
``Currently under 30-day Review--Open for Public Comments'' or by using 
the search function.

FOR FURTHER INFORMATION CONTACT: For information on the ASC-PR, contact 
Maria Brown, Regulatory Affairs Specialist, ASC at 202-792-1197 or 
[email protected].
SUMMARY: This proposed information collection was previously published 
in the Federal Register on November 20, 2020 and allowed 60 days for 
public comment. No comments were received to that Notice. In 
conjunction with the Paperwork Reduction Act of 1995, the ASC has 
submitted to the OMB a request for review and approval of information 
collection listed below. The purpose of this notice is to allow an 
additional 30 days for public comment from all interested individuals 
and organizations.

SUPPLEMENTARY INFORMATION:
    Title: ASC Progress Report Standardized Instructions and Format for 
Interim and Final Progress Reporting.
    The ASC has established new grant-making programs and is 
responsible for monitoring its grantees on the use of federal funds. 
The ASC developed this progress report for both interim and final 
progress reports for grants issued under ASC authority. The progress 
report will be submitted to the ASC semi-annually as an attachment to 
the Standard Form 425, Federal Financial Report. A draft version of the 
instructions and format for the report is posted on the ASC website at 
https://www.asc.gov/Documents/GrantsFundingCorrespondence/PR-FFR%20Reporting%20Instructions%20and%20Form.pdf. The report will 
benefit award recipients by making it easier for them to administer 
federal grant and cooperative agreement programs through 
standardization of the types of information required in progress 
reports, thereby reducing their administrative effort and costs.
    OMB Number: New Collection.
    Burden Estimates:
    Type of Review: Regular.
    Affected Public: All ASC grantees.
    Estimated Number of Respondents: 55.
    Estimated burden per Response: 1 hour.
    Frequency of Response: Twice per year (semi-annual and annual 
report).
    Estimated Total Annual Burden: 110 hours.

    By the Appraisal Subcommittee.
James R. Park,
Executive Director.
[FR Doc. 2021-03126 Filed 2-16-21; 8:45 am]
BILLING CODE 6700-01-P