83_FR_2162 83 FR 2152 - Agency Information Collection Activities: Comment Request

83 FR 2152 - Agency Information Collection Activities: Comment Request

EXPORT-IMPORT BANK

Federal Register Volume 83, Issue 10 (January 16, 2018)

Page Range2152-2152
FR Document2018-00513

The Export-Import Bank of the United States (EXIM), 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. Pursuant to the Export-Import Bank Act of 1945, as amended (12 U.S.C. 635, et seq.), the Export-Import Bank of the United States (EXIM), facilitates the finance of the export of U.S. goods and services by providing insurance or guarantees to U.S. exporters or lenders financing U.S. exports. By neutralizing the effect of export credit insurance or guarantees offered by foreign governments and by absorbing credit risks that the private sector will not accept, EXIM enables U.S. exporters to compete fairly in foreign markets on the basis of price and product. In the event that a borrower defaults on a transaction insured or guaranteed by EXIM, the insured or guaranteed exporter or lender may seek payment from EXIM by the submission of a claim. This collection of information is necessary, pursuant to12 U.S.C. 635(a)(1), to determine if such claim complies with the terms and conditions of the relevant insurance policy or guarantee, as the case may be.

Federal Register, Volume 83 Issue 10 (Tuesday, January 16, 2018) 
[Federal Register Volume 83, Number 10 (Tuesday, January 16, 2018)]
[Notices]
[Page 2152]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-00513]


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EXPORT-IMPORT BANK

[Public Notice: 2017-6014]


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 (EXIM), 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.
    Pursuant to the Export-Import Bank Act of 1945, as amended (12 
U.S.C. 635, et seq.), the Export-Import Bank of the United States 
(EXIM), facilitates the finance of the export of U.S. goods and 
services by providing insurance or guarantees to U.S. exporters or 
lenders financing U.S. exports. By neutralizing the effect of export 
credit insurance or guarantees offered by foreign governments and by 
absorbing credit risks that the private sector will not accept, EXIM 
enables U.S. exporters to compete fairly in foreign markets on the 
basis of price and product. In the event that a borrower defaults on a 
transaction insured or guaranteed by EXIM, the insured or guaranteed 
exporter or lender may seek payment from EXIM by the submission of a 
claim. This collection of information is necessary, pursuant to12 
U.S.C. 635(a)(1), to determine if such claim complies with the terms 
and conditions of the relevant insurance policy or guarantee, as the 
case may be.

DATES: Comments must be received on or before February 15, 2018 to be 
assured of consideration.

ADDRESSES: Comments may be submitted electronically on 
WWW.REGULATIONS.GOV (EIB 10-05) or by mail to Office of Information and 
Regulatory Affairs, 725 17th Street NW, Washington, DC 20038 Attn: OMB 
3048-10-05 The information collection tool can be reviewed at: http://www.exim.gov/pub/pending/eib10-05.pdf.

SUPPLEMENTARY INFORMATION: 
    Title and Form Number: EIB 10-05 Notice of Claim and Proof of Loss, 
Medium Term Guarantee.
    OMB Number: 3048-0035.
    Type of Review: Regular.
    Need and Use: This collection of information is necessary, pursuant 
to 12 U.S.C. Sec. 635(a)(1), to determine eligibility of the applicant 
for EXIM assistance. The information collected enables EXIM to 
determine the eligibility of the shipment(s) for insurance and to 
calculate the premium due to EXIM for its support of the shipment(s) 
under its insurance program.
    Affected Public: This form affects entities involved in the export 
of U.S. goods and services.
    Annual Number of Respondents: 65.
    Estimated Time per Respondent: 1 hour.
    Annual Burden Hours: 65 hours.
    Frequency of Reporting of Use: As needed to request a claim 
payment.
    Government Expenses:
    Reviewing Time per Year: 65 hours.
    Average Wages per Hour: $42.50.
    Average Cost per Year: $2,762.
    (time * wages)
    Benefits and Overhead: 20%.
    Total Government Cost: $3,315.

Bassam Doughman,
IT Specialist.
[FR Doc. 2018-00513 Filed 1-12-18; 8:45 am]
 BILLING CODE 6690-01-P

2152 Federal Register / Vol. 83, No. 10 / Tuesday, January 16, 2018 / Notices Type of Review: Regular. that a borrower defaults on a transaction EXPORT-IMPORT BANK Need and Use: The collection insured or guaranteed by EXIM, the [Public Notice: 2017–6013] provides EXIM staff with the insured or guaranteed exporter or lender information necessary to monitor the may seek payment from EXIM by the Agency Information Collection borrower’s payments for exported goods submission of a claim. This collection of Activities: Comment Request covered under its short- and medium information is necessary, pursuant to12 term export credit insurance policies. It U.S.C. 635(a)(1), to determine if such AGENCY: Export-Import Bank of the also alerts EXIM staff of defaults, so they claim complies with the terms and United States. can manage the portfolio in an informed conditions of the relevant insurance ACTION: Submission for OMB review and manner. policy or guarantee, as the case may be. comments request. Affected Public: This form affects entities involved in the export of U.S. DATES: Comments must be received on SUMMARY: The Export-Import Bank of goods and services. or before February 15, 2018 to be the United States (EXIM), as part of its Annual Number of Respondents: 745. assured of consideration. continuing effort to reduce paperwork Estimated Time per Respondent: 15 ADDRESSES: Comments may be and respondent burden, invites the minutes. submitted electronically on general public and other Federal Annual Burden Hours for WWW.REGULATIONS.GOV (EIB 10–05) Agencies to comment on the proposed Respondents: 186.25 hours. or by mail to Office of Information and information collection, as required by Frequency of Reporting or Use: Regulatory Affairs, 725 17th Street NW, the Paperwork Reduction Act of 1995. Monthly, until completed. Washington, DC 20038 Attn: OMB This collection of information is Government Expenses: 3048–10–05 The information collection necessary to determine eligibility of the Reviewing Time per Year: 186.25 tool can be reviewed at: http:// export sales for insurance coverage. The hours. www.exim.gov/pub/pending/eib10- Report of Premiums Payable for Average Wages per Hour: $42.50. Financial Institutions Only is used to 05.pdf. Average Cost per Year: $7,915.63 determine the eligibility of the (time * wages). SUPPLEMENTARY INFORMATION: shipment(s) and to calculate the Benefits and Overhead: 20%. premium due to EXIM for its support of Title and Form Number: EIB 10–05 Total Government Cost: $9,498.75. the shipment(s) under its insurance Notice of Claim and Proof of Loss, program. EXIM customers will be able Bassam Doughman, Medium Term Guarantee. to submit this form on paper or IT, Specialist. OMB Number: 3048–0035. electronically. [FR Doc. 2018–00510 Filed 1–12–18; 8:45 am] By neutralizing the effect of export Type of Review: Regular. BILLING CODE 6690–01–P credit support offered by foreign Need and Use: This collection of governments and by absorbing credit information is necessary, pursuant to 12 risks that the private sector will not EXPORT-IMPORT BANK U.S.C. Sec. 635(a)(1), to determine accept, EXIM enables U.S. exporters to eligibility of the applicant for EXIM [Public Notice: 2017–6014] compete fairly in foreign markets on the assistance. The information collected basis of price and product. Under the Agency Information Collection enables EXIM to determine the Working Capital Guarantee Program, Activities: Comment Request eligibility of the shipment(s) for EXIM provides repayment guarantees to insurance and to calculate the premium lenders on secured, short-term working AGENCY: Export-Import Bank of the due to EXIM for its support of the capital loans made to qualified United States. shipment(s) under its insurance exporters. The guarantee may be ACTION: Submission for OMB review and program. approved for a single loan or a revolving comments request. Affected Public: This form affects line of credit. entities involved in the export of U.S. In the event that a buyer defaults on SUMMARY: The Export-Import Bank of goods and services. a transaction insured by EXIM the the United States (EXIM), as part of its Annual Number of Respondents: 65. insured exporter or lender may seek continuing effort to reduce paperwork payment by the submission of a claim. and respondent burden, invites the Estimated Time per Respondent: 1 general public and other Federal hour. DATES: Comments must be received on Agencies to comment on the proposed or before February 15, 2018 to be Annual Burden Hours: 65 hours. assured of consideration. information collection, as required by the Paperwork Reduction Act of 1995. Frequency of Reporting of Use: As ADDRESSES: Comments may be Pursuant to the Export-Import Bank needed to request a claim payment. submitted electronically on Act of 1945, as amended (12 U.S.C. 635, Government Expenses: WWW.REGULATIONS.GOV or by mail et seq.), the Export-Import Bank of the to Office of Information and Regulatory Reviewing Time per Year: 65 hours. United States (EXIM), facilitates the Affairs, 725 17th Street NW, finance of the export of U.S. goods and Average Wages per Hour: $42.50. Washington, DC 20038, Attn: OMB services by providing insurance or Average Cost per Year: $2,762. 3048–10–03. guarantees to U.S. exporters or lenders (time * wages) The information collection tool can be financing U.S. exports. By neutralizing reviewed at: http://www.exim.gov/pub/ daltland on DSKBBV9HB2PROD with NOTICES the effect of export credit insurance or Benefits and Overhead: 20%. pending/eib10-03.pdf (EIB 10–03). guarantees offered by foreign Total Government Cost: $3,315. SUPPLEMENTARY INFORMATION: governments and by absorbing credit Title and Form Number: EIB 10–03 Bassam Doughman, risks that the private sector will not Notice of Claim and Proof of Loss, accept, EXIM enables U.S. exporters to IT Specialist. Export Credit Insurance Policies. compete fairly in foreign markets on the [FR Doc. 2018–00513 Filed 1–12–18; 8:45 am] OMB Number: 3048–0033. basis of price and product. In the event BILLING CODE 6690–01–P Type of Review: Regular. VerDate Sep<11>2014 22:48 Jan 12, 2018 Jkt 244001 PO 00000 Frm 00022 Fmt 4703 Sfmt 4703 E:\FR\FM\16JAN1.SGM 16JAN1


Document Created: 2018-01-13 02:02:27
Document Modified: 2018-01-13 02:02:27
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionSubmission for OMB review and comments request.
DatesComments must be received on or before February 15, 2018 to be assured of consideration.
FR Citation83 FR 2152 
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