Federal Register - September 22, 2021
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Source: Federal Register
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Federal Register / Vol. 86, No. 181 / Wednesday, September 22, 2021 / Proposed Rules TABLE 9ESTIMATED COST OF PROPOSED RULE 1Continued Task 2
Cost calculation
33 CFR 187
Update procedures or processes
22,161
33 CFR 187
Post updated procedures on website
47 States 5 hours 94.30/hour State manager.
24 States 0.25 hour 94.30/hour State manager + 1 hour 95.60/hour computer technician.
Subtotal: UCOTAV Proposed Subpart D
Compliance Costs States.
Total Cost for Regulated Public States.
Federal Government Costs Onetime cost to Government for States affected:
33 CFR 187.306
128,321
182,607
Process New User request from States
658
33 CFR 187.306
Process an MOA from States
33 CFR 187.306
Coordinate with 18 States for VIS
33 CFR 187.312
Coordinate with 47 States on UCOTAV
certification.
Update Coast Guards website. Initial year cost.
18 States 0.5 hour 73.14/hour Compliance Officer.
18 States 0.2 hour 163/hour Commandant + 8.25 hours 73.14/hour Compliance Officer.
18 States 0.5 hour 73.14/hour Compliance Officer.
47 States 0.5 hour 73.14/hour Compliance Officer.
1 hour 71.03/hour computer technician +
0.25 hour 79.48/hour Federal manager.
CFR citation
33 CFR 187
Total for Federal Government Coast Guard.
Total for Regulated Public and Government.
1 Totals
Total costs
2,860
11,448
658
1,682
91
14,537
197,148
may not sum due to rounding. Undiscounted costs appear in the table.
indirect costs not included See Table 2. Unquantified costs included but are not part of cost calculations.
2 Potential
Total Costs Using a 7-percent discount rate, we estimate the total discounted cost of the proposed rule to be $138,490 rounded.
The total annualized cost at a 7-percent discount rate is $19,718 rounded. See table 10.
For the projected cost to the regulated public, the Coast Guard expects all
States would comply within 10 years of this rule. However, we do not have specific information as to the rate of compliance. As such, we assume equal probability for each year; that is, we estimate 10 percent will comply each year for the next 10 years. Given this, the total cost to the regulated public, as shown in the table 9, is $182,607. This
is $18,261 rounded when averaged across 10 years.
For the cost to the Government, we assume that the $91 website update will occur in the first year. Subtracting that, we calculate the annual cost over the next 9 years by dividing the total by 10
$1,445. The first year cost to Government will be $1,445 + $91, which is $1,536.
TABLE 10TOTAL ESTIMATED COST OF THE PROPOSED RULE
10-year Period of analysis, 7 and 3 percent discount rates $2020 1
Costs to the regulated public states
Costs to the government
Total estimated costs
Year Undiscounted 1
2
3
4
5
6
7
8
9
10
Total
Annualized
1 Totals
$18,261
18,261
18,261
18,261
18,261
18,261
18,261
18,261
18,261
18,261
182,607.00
7%
$17,066.07
15,949.60
14,906.17
13,931.00
13,019.63
12,167.88
11,371.85
10,627.89
9,932.61
9,282.81
128,255.52
18,260.70
3%
$17,728.83
17,212.46
16,711.13
16,224.40
15,751.84
15,293.05
14,847.62
14,415.17
13,995.31
13,587.68
155,767.47
18,260.70
Undiscounted $1,536
1,445
1,445
1,445
1,445
1,445
1,445
1,445
1,445
1,445
14,537.00
7%
$1,435.51
1,262.12
1,179.55
1,102.38
1,030.27
962.86
899.87
841.00
785.98
734.56
10,234.12
1,457.11
3%
$1,491.26
1,362.05
1,322.38
1,283.86
1,246.47
1,210.16
1,174.92
1,140.70
1,107.47
1,075.22
12,414.49
1,455.36
Undiscounted $19,797
19,706
19,706
19,706
19,706
19,706
19,706
19,706
19,706
19,706
197,148.00
may not sum due to independent rounding.
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7%
$18,501.59
17,211.72
16,085.72
15,033.38
14,049.89
13,130.74
12,271.72
11,468.90
10,718.60
10,017.38
138,489.64
19,717.81
3%
$19,220.10
18,574.51
18,033.51
17,508.26
16,998.31
16,503.21
16,022.54
15,555.86
15,102.78
14,662.89
168,181.97
19,716.06