82 FR 24967 - Agency Information Collection Activities: Comment Request

EXPORT-IMPORT BANK OF THE UNITED STATES

Federal Register Volume 82, Issue 103 (May 31, 2017)

The Export-Import Bank of the United States (Ex-Im Bank), as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal Agencies to comment on the proposed information collection, as required by the Paperwork Reduction Act of 1995. By neutralizing the effect of export credit support offered by foreign governments and by absorbing credit risks that the private sector will not accept, Ex-Im Bank enables U.S. exporters to compete fairly in foreign markets on the basis of price and product. Under the Working Capital Guarantee Program, Ex-Im Bank provides repayment guarantees to lenders on secured, short-term working capital loans made to qualified exporters. The guarantee may be approved for a single loan or a revolving line of credit. In the event that a borrower defaults on a transaction guaranteed by Ex-Im Bank the guaranteed lender may seek payment by the submission of a claim. This collection of information is necessary to determine if such claim complies with the terms and conditions of the relevant working capital guarantee. The Notice of Claim and Proof of Loss, Working Capital Guarantee is used to determine compliance with the terms of the guarantee and the appropriateness of paying a claim. Export-Import Bank customers are able to submit this form on paper or electronically. The information collection tool can be reviewed at: http:// www.exim.gov/pub/pending/eib10-04.pdf.

[Federal Register Volume 82, Number 103 (Wednesday, May 31, 2017)]
[Notices]
[Pages 24967-24968]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-11183]


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EXPORT-IMPORT BANK OF THE UNITED STATES

[Public Notice: 2017-6002]


Agency Information Collection Activities: Comment Request

AGENCY: Export-Import Bank of the United States.

ACTION: Submission for OMB review and comments request.

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SUMMARY: The Export-Import Bank of the United States (Ex-Im Bank), as 
part of its continuing effort to reduce paperwork and respondent 
burden, invites the general public and other Federal Agencies to 
comment on the proposed information collection, as required by the 
Paperwork Reduction Act of 1995.
    By neutralizing the effect of export credit support offered by 
foreign governments and by absorbing credit risks that the private 
sector will not accept, Ex-Im Bank enables U.S. exporters to compete 
fairly in foreign markets on the basis of price and product. Under the 
Working Capital Guarantee Program, Ex-Im Bank provides repayment 
guarantees to lenders on secured, short-term working capital loans made 
to qualified exporters. The guarantee may be approved for a single loan 
or a revolving line of credit. In the event that a borrower defaults on 
a transaction guaranteed by Ex-Im Bank the guaranteed lender may seek 
payment by the submission of a claim.
    This collection of information is necessary to determine if such 
claim complies with the terms and conditions of the relevant working 
capital guarantee. The Notice of Claim and Proof of Loss, Working 
Capital Guarantee is used to determine compliance with the terms of the 
guarantee and the appropriateness of paying a claim. Export-Import Bank

[[Page 24968]]

customers are able to submit this form on paper or electronically.
    The information collection tool can be reviewed at: http://www.exim.gov/pub/pending/eib10-04.pdf.

DATES: Comments must be received on or before July 31, 2017 to be 
assured of consideration.

ADDRESSES: Comments may be submitted electronically on 
WWW.REGULATIONS.GOV or by mail to Mardel West, Export-Import Bank of 
the United States, 811 Vermont Ave. NW., Washington, DC 20571

SUPPLEMENTARY INFORMATION:
    Title and Form Number: EIB 10-04 Notice of Claim and Proof of Loss, 
Working Capital Guarantee.
    OMB Number: 3048-0035.
    Type of Review: Regular.
    Need and Use: This collection of information is necessary, pursuant 
to 12 U.S.C. 635(a)(1), to determine if such claim complies with the 
terms and conditions of the relevant guarantee.

Affected Public

    This form affects entities involved in the export of U.S. goods and 
services.
    Annual Number of Respondents: 17.
    Estimated Time per Respondent: 1 hour.
    Annual Burden Hours: 17 hours.
    Frequency of Reporting of Use: As needed to request a claim 
payment.

Government Expenses

    Reviewing time per year: 17 hours.
    Average Wages per Hour: $42.50.
    Average Cost per Year: $722.50.
    (time*wages)
    Benefits and Overhead: 20%.
    Total Government Cost: $867.

Bassam Doughman,
Project Manager, Agency Clearance Officer, Office of the Chief 
Information Officer.
[FR Doc. 2017-11183 Filed 5-30-17; 8:45 am]
 BILLING CODE 6690-01-P