Federal Register / Vol. 70, No. 20 / Tuesday, February 1, 2005 / Notices 5255

Manager, Office of Nuclear Reactor 

Regulation, Mail Stop O–11F1, U.S. 

Nuclear Regulatory Commission, 

Washington, DC 20555–0001, telephone 

301 415–1014, or e-mail jxd@nrc.gov.

SUPPLEMENTARY INFORMATION: 

Draft Standard Review Plan for License 

Renewal 

The NRC staff proposes to revise the 

July 2001 version of NUREG–1800, 

‘‘Standard Review Plan for Review of 

License Renewal Applications for 

Nuclear Power Plants’’ (SRP–LR). The 

SRP–LR provides guidance to NRC staff 

reviewers in performing safety reviews 

of applications to renew licenses of 

nuclear power plants in accordance 

with the license renewal rule. The draft 

SRP–LR is under ADAMS Accession 

number ML050190137. The SRP–LR is 

being revised to incorporate lessons 

learned from the review of a number of 

previous license renewal applications, 

as well as to make changes 

corresponding to the update of the 

GALL Report. The draft SRP–LR 

contains four major chapters: (1) 

Administrative Information; (2) Scoping 

and Screening Methodology for 

Identifying Structures and Components 

Subject to Aging Management Review, 

and Implementation Results; (3) Aging 

Management Review Results; and (4) 

Time-Limited Aging Analyses. In 

addition, three Branch Technical 

Positions are in an Appendix to the 

SRP–LR. 

Draft Generic Aging Lessons Learned 

Report, Revision 1 

The Generic Aging Lessons Learned 

(GALL) Report, Revision 1, is an update 

to the July 2001 version; the report 

format is largely unchanged. The GALL 

Report Volumes 1 and 2 are available 

under ADAMS accession number 

ML050270004 and ML050270052, 

respectively. The adequacy of the 

generic aging management programs in 

managing certain aging effects for 

particular structures and components 

will continue to be evaluated based on 

the review of the following ten program 

elements: (1) Scope of program, (2) 

preventive actions, (3) parameters 

monitored or inspected, (4) detection of 

aging effects, (5) monitoring and 

trending, (6) acceptance criteria, (7) 

corrective actions, (8) confirmation 

process, (9) administrative controls, and 

(10) operating experience. The GALL 

Report is a technical basis document for 

the SRP–LR and should be treated in the 

same manner as an approved topical 

report that is applicable generically. 

Solicitation of Comments 

The comments should include 

supporting justification in enough detail 

for the NRC staff to evaluate the need for 

changes in the guidance, as well as 

references to the operating experience, 

industry standards, or other relevant 

reference materials that provide a sound 

technical basis for such changes. The 

NRC is also interested in comments that 

will improve the clarity of the 

documents so that the improved 

guidance will provide a stable and 

predictable evaluation standard for 

future renewal applications. Editorial 

and style comments are not necessary 

because we expect that the guidance 

documents will need to be reformatted 

and edited before they are issued in 

final form. 

Questions for Public Comments 

Although the NRC invites public 

comments on all information contained 

in these draft documents, responses to 

the following question are particularly 

solicited. 

The GALL Report evaluates many 

existing programs for their adequacy to 

manage aging for license renewal. The 

license renewal guidance documents 

reference plant-specific aging 

management programs (AMP) when it is 

not clear if an appropriate widely-used 

(generic) AMP is available. Are there 

alternative generic AMPs that can be 

substituted for the plant-specific 

evaluations that are still referenced in 

Chapters II–VIII of the GALL Report? 

The commenter should provide 

justification to support any suggestions. 

Public Workshop 

A public workshop is scheduled 

during the public comment period. 

Scheduled for March 2, 2005, this 

workshop will be held in the 

Commissioners’ Hearing Room, O–

1G16, at OWFN, the NRC headquarters. 

The formal meeting notice is available at 

http://www.nrc.gov/public-involve/

public-meetings/meeting-schedule.html.

It is anticipated that the workshop will 

provide the participants an opportunity 

to obtain further information, to ask 

questions, to make comments to add to 

the discussion, or otherwise to facilitate 

the public in formulating and preparing 

written comments for NRC staff 

consideration on these revised license 

renewal guidance documents. To ensure 

that all of the ideas raised are recorded, 

the workshop will be transcribed and 

the NRC staff will prepare a summary 

report to categorize the comments.

Dated at Rockville, Maryland, this 27th day 

of January 2005.

For the Nuclear Regulatory Commission. 

Pao-Tsin Kuo, 

Program Director, License Renewal and 

Environmental Impacts Program, Division of 

Regulatory Improvement Programs, Office of 

Nuclear Reactor Regulation.

[FR Doc. 05–1887 Filed 1–31–05; 8:45 am] 

BILLING CODE 7590–01–P

PENSION BENEFIT GUARANTY 

CORPORATION 

Submission of Information Collections 

for OMB Review; Comment Request; 

Multiemployer Plan Regulations

AGENCY: Pension Benefit Guaranty 

Corporation.

ACTION: Notice of request for extension 

of OMB approval. 

SUMMARY: The Pension Benefit Guaranty 

Corporation (PBGC) is requesting that 

the Office of Management and Budget 

(OMB) extend approval, under the 

Paperwork Reduction Act, of collections 

of information in the PBGC’s regulations 

on multiemployer plans under the 

Employee Retirement Income Security 

Act of 1974 (ERISA). This notice 

informs the public of the PBGC’s request 

and solicits public comment on the 

collections of information.

DATES: Comments must be submitted by 

March 3, 2005.

ADDRESSES: Comments should be 

mailed to the Office of Information and 

Regulatory Affairs of the Office of 

Management and Budget, Attention: 

Desk Officer for Pension Benefit 

Guaranty Corporation, Washington, DC 

20503. Copies of the request for 

extension (including the collections of 

information) may be obtained without 

charge by writing to or visiting the 

PBGC’s Communications and Public 

Affairs Department, suite 240, 1200 K 

Street, NW., Washington, DC 20005–

4026, or calling 202–326–4040. (TTY 

and TDD users may call 800–877–8339 

and request connection to (202) 326–

4040). The regulations on 

multiemployer plans can be accessed on 

the PBGC’s Web site at http://

www.pbgc.gov.

FOR FURTHER INFORMATION CONTACT:

Deborah C. Murphy, Attorney, Office of 

the General Counsel, Pension Benefit 

Guaranty Corporation, 1200 K Street, 

NW., Washington, DC 20005–4026, 

(202) 326–4024. (For TTY/TDD users, 

call the Federal relay service toll-free at 

1–800–877–8339 and ask to be 

connected to (202) 326–4024.)

SUPPLEMENTARY INFORMATION: An agency 

may not conduct or sponsor, and a 

person is not required to respond to, a 

5256 Federal Register / Vol. 70, No. 20 / Tuesday, February 1, 2005 / Notices 

collection of information unless it 

displays a currently valid OMB control 

number. OMB has approved and issued 

control numbers for the collections of 

information, described below, in the 

PBGC’s regulations relating to 

multiemployer plans. The PBGC is 

requesting that OMB extend its approval 

of these collections of information for 

three years. Comments should identify 

the specific part number(s) of the 

regulation(s) they relate to. 

The collections of information for 

which the PBGC is requesting extension 

of OMB approval are as follows: 

1. Termination of Multiemployer Plans 

(29 CFR Part 4041A) (OMB Control 

Number 1212–0020) 

Section 4041A(f)(2) of ERISA 

authorizes the PBGC to prescribe 

reporting requirements for and other 

‘‘rules and standards for the 

administration of’’ terminated 

multiemployer plans. Section 4041A(c) 

and (f)(1) of ERISA prohibit the payment 

by a mass-withdrawal-terminated plan 

of lump sums greater than $1,750 or of 

nonvested plan benefits unless 

authorized by the PBGC. 

The regulation requires the plan 

sponsor of a terminated plan to submit 

a notice of termination to the PBGC. It 

also requires the plan sponsor of a masswithdrawal-terminated plan that is 

closing out to give notices to 

participants regarding the election of 

alternative forms of benefit distribution 

and to obtain PBGC approval to pay 

lump sums greater than $1,750 or to pay 

nonvested plan benefits. 

The PBGC uses the information in a 

notice of termination to assess the 

likelihood that PBGC financial 

assistance will be needed. Plan 

participants and beneficiaries use the 

information on alternative forms of 

benefit to make personal financial 

decisions. The PBGC uses the 

information in an application for 

approval to pay lump sums greater than 

$1,750 or to pay nonvested plan benefits 

to determine whether such payments 

should be permitted. 

The PBGC estimates that plan 

sponsors each year (1) submit notices of 

termination for 10 plans, (2) distribute 

election notices to participants in 5 of 

those plans, and (3) submit requests to 

pay benefits or benefit forms not 

otherwise permitted for 1 of those plans. 

The estimated annual burden of the 

collection of information is 19.2 hours 

and $12,895. 

2. Extension of Special Withdrawal 

Liability Rules (29 CFR Part 4203) 

(OMB Control Number 1212–0023) 

Sections 4203(f) and 4208(e)(3) of 

ERISA allow the PBGC to permit a 

multiemployer plan to adopt special 

rules for determining whether a 

withdrawal from the plan has occurred, 

subject to PBGC approval. 

The regulation specifies the 

information that a plan that adopts 

special rules must submit to the PBGC 

about the rules, the plan, and the 

industry in which the plan operates. 

The PBGC uses the information to 

determine whether the rules are 

appropriate for the industry in which 

the plan functions and do not pose a 

significant risk to the insurance system. 

The PBGC estimates that at most 1 

plan sponsor submits a request each 

year under this regulation. The 

estimated annual burden of the 

collection of information is 1 hour and 

$4,400.

3. Variances for Sale of Assets (29 CFR 

Part 4204) (OMB Control Number 1212–

0021) 

If an employer’s covered operations or 

contribution obligation under a plan 

ceases, the employer must generally pay 

withdrawal liability to the plan. Section 

4204 of ERISA provides an exception, 

under certain conditions, where the 

cessation results from a sale of assets. 

Among other things, the buyer must 

furnish a bond or escrow, and the sale 

contract must provide for secondary 

liability of the seller. 

The regulation establishes general 

variances (rules for avoiding the bond/

escrow and sale-contract requirements) 

and authorizes plans to determine 

whether the variances apply in 

particular cases. It also allows buyers 

and sellers to request individual 

variances from the PBGC. Plans and the 

PBGC use the information to determine 

whether employers qualify for 

variances. 

The PBGC estimates that each year, 11 

employers submit, and 11 plans respond 

to, variance requests under the 

regulation, and 2 employers submit 

variance requests to the PBGC. The 

estimated annual burden of the 

collection of information is 1 hour and 

$4,881. 

4. Reduction or Waiver of Complete 

Withdrawal Liability (29 CFR Part 

4207) (OMB Control Number 1212–

0044) 

Section 4207 of ERISA allows the 

PBGC to provide for abatement of an 

employer’s complete withdrawal 

liability, and for plan adoption of 

alternative abatement rules, where 

appropriate. 

Under the regulation, an employer 

applies to a plan for an abatement 

determination, providing information 

the plan needs to determine whether 

withdrawal liability should be abated, 

and the plan notifies the employer of its 

determination. The employer may, 

pending plan action, furnish a bond or 

escrow instead of making withdrawal 

liability payments, and must notify the 

plan if it does so. When the plan then 

makes its determination, it must so 

notify the bonding or escrow agent. 

The regulation also permits plans to 

adopt their own abatement rules and 

request PBGC approval. The PBGC uses 

the information in such a request to 

determine whether the amendment 

should be approved. 

The PBGC estimates that each year, 

100 employers submit, and 100 plans 

respond to, applications for abatement 

of complete withdrawal liability, and 1 

plan sponsor requests approval of plan 

abatement rules from the PBGC. The 

estimated annual burden of the 

collection of information is 25.5 hours 

and $27,500. 

5. Reduction or Waiver of Partial 

Withdrawal Liability (29 CFR Part 

4208) (OMB Control Number 1212–

0039) 

Section 4208 of ERISA provides for 

abatement, in certain circumstances, of 

an employer’s partial withdrawal 

liability and authorizes the PBGC to 

issue additional partial withdrawal 

liability abatement rules. 

Under the regulation, an employer 

applies to a plan for an abatement 

determination, providing information 

the plan needs to determine whether 

withdrawal liability should be abated, 

and the plan notifies the employer of its 

determination. The employer may, 

pending plan action, furnish a bond or 

escrow instead of making withdrawal 

liability payments, and must notify the 

plan if it does so. When the plan then 

makes its determination, it must so 

notify the bonding or escrow agent. 

The regulation also permits plans to 

adopt their own abatement rules and 

request PBGC approval. The PBGC uses 

the information in such a request to 

determine whether the amendment 

should be approved. 

The PBGC estimates that each year, 

1,000 employers submit, and 1,000 

plans respond to, applications for 

abatement of partial withdrawal liability 

and 1 plan sponsor requests approval of 

plan abatement rules from the PBGC. 

The estimated annual burden of the 

collection of information is 250.5 hours 

and $275,000. 

Federal Register / Vol. 70, No. 20 / Tuesday, February 1, 2005 / Notices 5257

6. Allocating Unfunded Vested Benefits 

to Withdrawing Employers (29 CFR 

Part 4211) (OMB Control Number 1212–

0035) 

Section 4211(c)(5)(A) of ERISA 

requires the PBGC to prescribe how 

plans can, with PBGC approval, change 

the way they allocate unfunded vested 

benefits to withdrawing employers for 

purposes of calculating withdrawal 

liability. 

The regulation prescribes the 

information that must be submitted to 

the PBGC by a plan seeking such 

approval. The PBGC uses the 

information to determine how the 

amendment changes the way the plan 

allocates unfunded vested benefits and 

how it will affect the risk of loss to plan 

participants and the PBGC. 

The PBGC estimates that 5 plan 

sponsors submit approval requests each 

year under this regulation. The 

estimated annual burden of the 

collection of information is 10 hours. 

7. Notice, Collection, and 

Redetermination of Withdrawal 

Liability (29 CFR Part 4219) (OMB 

Control Number 1212–0034) 

Section 4219(c)(1)(D) of ERISA 

requires that the PBGC prescribe 

regulations for the allocation of a plan’s 

total unfunded vested benefits in the 

event of a ‘‘mass withdrawal.’’ ERISA 

section 4209(c) deals with an 

employer’s liability for de minimis

amounts if the employer withdraws in 

a ‘‘substantial withdrawal.’’

The reporting requirements in the 

regulation give employers notice of a 

mass withdrawal or substantial 

withdrawal and advise them of their 

rights and liabilities. They also provide 

notice to the PBGC so that it can 

monitor the plan, and they help the 

PBGC assess the possible impact of a 

withdrawal event on participants and 

the multiemployer plan insurance 

program. 

The PBGC estimates that there is at 

most 1 mass withdrawal and 1 

substantial withdrawal per year. The 

plan sponsor of a plan subject to a 

withdrawal covered by the regulation 

provides notices of the withdrawal to 

the PBGC and to employers covered by 

the plan, liability assessments to the 

employers, and a certification to the 

PBGC that assessments have been made. 

(For a mass withdrawal, there are 2 

assessments and 2 certifications that 

deal with 2 different types of liability. 

For a substantial withdrawal, there is 1 

assessment and 1 certification 

(combined with the withdrawal notice 

to the PBGC).) The estimated annual 

burden of the collection of information 

is 4 hours and $7,152. 

8. Procedures for PBGC Approval of 

Plan Amendments (29 CFR Part 4220) 

(OMB Control Number 1212–0031) 

Under section 4220 of ERISA, a plan 

may within certain limits adopt special 

plan rules regarding when a withdrawal 

from the plan occurs and how the 

withdrawing employer’s withdrawal 

liability is determined. Any such special 

rule is effective only if, within 90 days 

after receiving notice and a copy of the 

rule, the PBGC either approves or fails 

to disapprove the rule. 

The regulation provides rules for 

requesting the PBGC’s approval of an 

amendment. The PBGC needs the 

required information to identify the 

plan, evaluate the risk of loss, if any, 

posed by the plan amendment, and 

determine whether to approve or 

disapprove the amendment. 

The PBGC estimates that 3 plan 

sponsors submit approval requests per 

year under this regulation. The 

estimated annual burden of the 

collection of information is 1.5 hours. 

9. Mergers and Transfers Between 

Multiemployer Plans (29 CFR Part 

4231) (OMB Control Number 1212–

0022) 

Section 4231(a) and (b) of ERISA 

requires plans that are involved in a 

merger or transfer to give the PBGC 120 

days’ notice of the transaction and 

provides that if the PBGC determines 

that specified requirements are satisfied, 

the transaction will be deemed not to be 

in violation of ERISA section 406(a) or 

(b)(2) (dealing with prohibited 

transactions). 

This regulation sets forth the 

procedures for giving notice of a merger 

or transfer under section 4231 and for 

requesting a determination that a 

transaction complies with section 4231. 

The PBGC uses information submitted 

by plan sponsors under the regulation to 

determine whether mergers and 

transfers conform to the requirements of 

ERISA section 4231 and the regulation. 

The PBGC estimates that there are 35 

transactions each year for which plan 

sponsors submit notices and approval 

requests under this regulation. The 

estimated annual burden of the 

collection of information is 8.75 hours 

and $7,663. 

10. Notice of Insolvency (29 CFR Part 

4245) (OMB Control Number 1212–

0033) 

If the plan sponsor of a plan in 

reorganization under ERISA section 

4241 determines that the plan may 

become insolvent, ERISA section 

4245(e) requires the plan sponsor to give 

a ‘‘notice of insolvency’’ to the PBGC, 

contributing employers, and plan 

participants and their unions in 

accordance with PBGC rules. 

For each insolvency year under 

ERISA section 4245(b)(4), ERISA section 

4245(e) also requires the plan sponsor to 

give a ‘‘notice of insolvency benefit 

level’’ to the same parties. 

This regulation establishes the 

procedure for giving these notices. The 

PBGC uses the information submitted to 

estimate cash needs for financial 

assistance to troubled plans. Employers 

and unions use the information to 

decide whether additional plan 

contributions will be made to avoid the 

insolvency and consequent benefit 

suspensions. Plan participants and 

beneficiaries use the information in 

personal financial decisions. 

The PBGC estimates that 1 plan 

sponsor gives notices each year under 

this regulation. The estimated annual 

burden of the collection of information 

is 1 hour and $3,828. 

11. Duties of Plan Sponsor Following 

Mass Withdrawal (29 CFR Part 4281) 

(OMB Control Number 1212–0032) 

Section 4281 of ERISA provides rules 

for plans that have terminated by mass 

withdrawal. Under section 4281, if 

nonforfeitable benefits exceed plan 

assets, the plan sponsor must amend the 

plan to reduce benefits. If the plan 

nevertheless becomes insolvent, the 

plan sponsor must suspend certain 

benefits that cannot be paid. If available 

resources are inadequate to pay 

guaranteed benefits, the plan sponsor 

must request financial assistance from 

the PBGC. 

The regulation requires a plan 

sponsor to give notices of benefit 

reduction, notices of insolvency and 

annual updates, and notices of 

insolvency benefit level to the PBGC 

and to participants and beneficiaries 

and, if necessary, to apply to the PBGC 

for financial assistance. 

The PBGC uses the information it 

receives to make determinations 

required by ERISA, to identify and 

estimate the cash needed for financial 

assistance to terminated plans, and to 

verify the appropriateness of financial 

assistance payments. Plan participants 

and beneficiaries use the information to 

make personal financial decisions. 

The PBGC estimates that plan 

sponsors each year give benefit 

reduction notices for 2 plans and give 

notices of insolvency benefit level and 

annual updates, and submit requests for 

financial assistance, for 28 plans. Of 

those 28 plans, the PBGC estimates that 

plan sponsors each year give notices of 

insolvency for 4 plans. The estimated 

5258 Federal Register / Vol. 70, No. 20 / Tuesday, February 1, 2005 / Notices 

annual burden of the collection of 

information is 1 hour and $553,477.

Issued in Washington, DC, this 12th day of 

January 2005. 

Stuart A. Sirkin, 

Director, Policy, Research and Analysis 

Department, Pension Benefit Guaranty 

Corporation.

[FR Doc. 05–1844 Filed 1–31–05; 8:45 am] 

BILLING CODE 7708–01–P

OFFICE OF PERSONNEL 

MANAGEMENT 

Comment Request for OMB Review of 

an Extension of the Nonforeign Area 

Cost-of-Living Allowance Price and 

Background Surveys

AGENCY: Office of Personnel 

Management.

ACTION: Notice.

SUMMARY: In accordance with the 

Paperwork Reduction Act of 1995, the 

Office of Personnel Management (OPM) 

seeks comments on its intention to 

request an extension of two currently 

approved information collections. OPM 

uses the two collections, a Price Survey 

and a Background Survey, to gather data 

it uses to determine cost-of-living 

allowances the Government provides to 

certain Federal employees in Alaska, 

Hawaii, Guam and the Northern 

Mariana Islands, Puerto Rico, and the 

U.S. Virgin Islands. OPM conducts Price 

Surveys in the Washington, DC, area on 

an annual basis and once every 3 years 

in each allowance area on a rotating 

basis. Prior to these surveys, OPM 

conducts Background Surveys that are 

similar to the Price Survey, but much 

more limited in scope. OPM uses the 

results of the Background Surveys to 

prepare for the Price Surveys.

DATES: Submit comments on or before 

April 4, 2005.

ADDRESSES: Send or deliver comments 

to Donald J. Winstead, Deputy Associate 

Director for Pay and Performance 

Policy, Office of Personnel Management, 

Room 7H31, 1900 E Street NW., 

Washington, DC 20415–8200; fax (202) 

606–4264, or e-mail: cola@opm.gov.

SUPPLEMENTARY INFORMATION: Office of 

Management and Budget (OMB) 

approval of the Nonforeign Area Cost-ofLiving Allowance (COLA) Price Survey 

and Background Survey will expire on 

May 31, 2005. The Office of Personnel 

Management (OPM) plans to request 

OMB approval for a 3-year extension of 

these currently approved information 

collections and is seeking comments 

prior to submitting the collections to 

OMB for review. 

Comments are particularly invited on 

whether (1) these collections of 

information are necessary for the proper 

performance of OPM functions, (2) they 

will have practical utility, (3) our 

estimate of the public burden of these 

collections of information is accurate 

and based on valid assumptions and 

methodology, and (4) there are ways in 

which we can minimize respondent 

burden of the collections of information 

through the use of appropriate 

technological collection techniques or 

other forms of information technology. 

For copies of this proposal, contact 

Mary Beth Smith-Toomey on (202) 606–

8358, fax (202) 418–3251, or e-mail 

mbtoomey@opm.gov. Please include a 

mailing address with your request. 

Overview of Information Collections 

Title: Nonforeign Area Cost-of-Living 

Allowance Price Survey and 

Background Survey. 

OMB Control Number: 3206–0199. 

Summary: OPM uses the COLA Price 

Survey to collect price data in survey 

areas located in the nonforeign 

allowance areas and in the Washington, 

DC, area. The allowance areas are 

located in Alaska, Hawaii, Guam and 

the Northern Mariana Islands, Puerto 

Rico, and the U.S. Virgin Islands. OPM 

conducts Price Surveys annually in the 

DC area and once every 3 years in the 

allowance areas on a rotating basis. 

OPM uses the COLA Background 

Survey to collect information to identify 

the services, items, quantities, outlets, 

and locations OPM will survey in the 

Price Surveys. OPM also uses 

Background Surveys to collect 

information on local trade practices, 

consumer buying patterns, taxes and 

fees, and other economic characteristics 

related to living costs. OPM conducts 

Background Surveys annually on a 

limited basis. 

Need/Use for Surveys: The COLA 

Price Survey is necessary for collecting 

living-cost data OPM uses to determine 

COLAs received by General Schedule, 

U.S. Postal Service, and certain other 

Federal employees in the allowance 

areas. OPM uses the survey results to 

compare prices in the allowance areas 

with prices in the Washington, DC, area 

and to derive COLA rates where local 

living costs significantly exceed those in 

the DC area. The COLA Background 

Survey is necessary to determine the 

continued appropriateness of items, 

services, and businesses selected for the 

annual price surveys. OPM uses the 

information collected under the 

Background Survey to identify items to 

be priced and the outlets at which OPM 

will price the items in the Price 

Surveys. 

Respondents: OPM will survey 

selected retail, service, realty, and other 

businesses and local governments in the 

allowance areas and in the Washington, 

DC, area. OPM will contact 

approximately 2,000 establishments in 

each annual Price Survey and 

approximately 100 establishments in 

each annual Background Survey. 

Participation in the surveys is 

voluntary. 

Reporting and Recordkeeping Burden:

Based on experience, OPM estimates 

that the average Price Survey interview 

takes approximately 6 minutes, for a 

total burden of 200 hours. Also based on 

experience, OPM estimates that the 

average Background Survey interview 

will take approximately 6.5 minutes, for 

a total burden of 11 hours.

Office of Personnel Management. 

Kay Coles James, 

Director.

[FR Doc. 05–1728 Filed 1–31–05; 8:45 am] 

BILLING CODE 6325–39–P

SECURITIES AND EXCHANGE 

COMMISSION 

[File No. 500–1] 

Courtside products, Inc.; Order of 

Suspension of Trading 

January 28, 2005 

It appears to the Securities and 

Exchange Commission that the public 

interest and the protection of investors 

require a suspension of trading in the 

securities of Courtside Products, Inc. 

(‘‘Courtside’’). The Commission is 

concerned that Courtside may have 

unjustifiably relied on Rule 504 of 

Regulation D of the Securities Act of 

1933 in conducting an unlawful 

distribution of its securities which 

failed to comply with the resale 

restrictions of Regulation D. Courtside, 

a company that has made no public 

filings with the Commission or the 

NASD, is quoted on the Pink Sheets 

under the ticker symbol CSDP, and has 

recently been the subject of spam e-mail 

touting the company’s shares. 

The Commission is of the opinion that 

the public interest and the protection of 

investors require a suspension of trading 

in the securities of the above listed 

company. 

Therefore, it is ordered, pursuant to 

Section 12(k) of the Securities Exchange 

Act of 1934, that trading in the above 

listed company is suspended for the 

period from 9:30 a.m. e.s.t. January 28, 

2005 through 11:59 p.m. e.s.t., on 

February 10, 2005.