Search Results for keywords:"cost savings"

The Federal Aviation Administration (FAA) has introduced updates to its regulations regarding aircraft registration and recordation. These changes aim to ease administrative requirements by allowing the submission of non-original documents electronically and ending the practice of stamping documents. The new Civil Aviation Registry Electronic Services (CARES) system will be used to enhance online registration processes, providing users with more efficient and flexible options than traditional methods. The amendments are expected to save costs for both the FAA and users while streamlining the registration process.

The Occupational Safety and Health Administration (OSHA) is proposing changes to the Hazard Communication Standard (HCS) to better align it with international guidelines, specifically the United Nations' Globally Harmonized System of Classification and Labelling of Chemicals (GHS), Revision 7. This proposed rule aims to improve how chemical hazards are communicated to employers and employees, ensuring greater consistency and effectiveness. The updates included in the rule cover how hazards are classified, how labels are created, and technical updates to safety data sheets, among others. The public is invited to submit comments on these proposed changes by April 19, 2021.

The U.S. Nuclear Regulatory Commission (NRC) is proposing a new rule to update its regulations by incorporating revisions to three regulatory guides related to Code Cases published by the American Society of Mechanical Engineers (ASME). These changes would provide new and updated engineering standards for nuclear power plant components, allowing licensees and applicants to use these standards as voluntary alternatives. The NRC is seeking public comments on this proposal, and if implemented, it is expected to reduce costs for both the NRC and the nuclear industry by simplifying compliance requirements. The aim is to ensure safety while aligning with contemporary engineering practices and international standards.

The New York Stock Exchange LLC has proposed a new rule change to adjust the fee structure for limited partnerships that are at least 40% owned by another company already listed on the Exchange. This change would establish a flat fee, which is the minimum annual fee applied, to reflect the cost savings from servicing affiliated listings, such as shared management between the entities. The Exchange believes this adjustment is fair and reasonable, as it would help them compete more effectively for listings in a highly competitive market. This proposed rule change is effective upon filing and is open for public comments.

The Agricultural Marketing Service (AMS) has made a final rule that changes how butterfat testing records are handled for the Dairy Grading and Inspection Program. The rule allows plants to do butterfat tests in-house or at approved third-party labs and obligates them to keep these records available for inspection by the USDA. This change aims to streamline processes by aligning with current industry practices and providing a more accurate picture of the butter's quality over time. The rule is expected to help butter plants save between $4,560 and $31,560 annually by eliminating the need for duplicate USDA inspections.

The Federal Railroad Administration (FRA), part of the Department of Transportation, has withdrawn a proposed rule regarding the investigation of railroad accidents and incidents. The rule, initially published in October 2024, aimed to establish a standard process for information gathering and consultation with stakeholders during investigations. The decision to retract follows two negative comments criticizing insufficiencies and potential issues, including vague definitions and conflicts with existing practices. The withdrawal allows FRA to revisit the proposal and work with stakeholders to address concerns.

The Drug Enforcement Administration (DEA) is proposing a new rule to require that all applications and renewals for DEA registration be submitted online. This change will eliminate the current option to submit paper forms, making the process more efficient and cost-effective. The proposal is expected to save money for both the DEA and applicants by reducing errors and the need for corrections, while nearly all current applicants already use the internet for submissions. The rule change also aligns with federal efforts to streamline and modernize regulatory processes.

The Department of Housing and Urban Development (HUD) is seeking approval to collect information for a new assessment on improving home safety and quality. This will evaluate coordination between HUD's Lead Hazard Control Program and the Department of Energy's Weatherization Assistance Program. They aim to discover if this collaboration results in cost savings and better health outcomes. HUD invites the public to comment on this proposal, focusing on its necessity, usefulness, and methods to minimize information collection burdens.

The Postal Service has announced their intent to file a request with the Postal Regulatory Commission. This request seeks to add a domestic shipping services contract to the Mail Classification Schedule's Competitive Products List under the category of Negotiated Service Agreements. The official request was filed on December 30, 2024, and information related to it can be found on the Commission's website.

The Federal Energy Regulatory Commission (FERC) is inviting the public to comment on the ongoing information collection requirements associated with FERC Forms No. 60, 61, and 555A. These forms are necessary for monitoring centralized service companies and ensuring they adhere to the standards set by the Energy Policy Act and the Public Utility Holding Company Act. The comment period is open until April 8, 2025, and submission guidelines are detailed on the FERC website. The request seeks input on the usefulness of these information collections, the accuracy of FERC's burden estimates, and suggestions for improving data quality and minimizing reporting burdens.