83 FR 49922 - Agency Information Collection Activities: Comment Request

EXPORT-IMPORT BANK

Federal Register Volume 83, Issue 192 (October 3, 2018)

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. EXIM's borrowers, financial institution policy holders and guaranteed lenders provide this form to U.S. exporters, who certify to the eligibility of their exports for EXIM support. For direct loans and loan guarantees, the completed form is required to be submitted at time of disbursement and held by either the guaranteed lender or EXIM. For MT insurance, the completed forms are held by the financial institution, only to be submitted to EXIM in the event of a claim filing. EXIM uses the referenced form to obtain exporter certifications regarding the export transaction, content sourcing, and their eligibility to participate in USG programs. These details are necessary to determine the value and legitimacy of EXIM financing support and claims submitted. It also provides the financial institutions a check on the export transaction's eligibility at the time it is fulfilling a financing request. The information collection tool can be reviewed at: https:// www.exim.gov/sites/default/files/pub/pending/eib11-05.pdf.

[Federal Register Volume 83, Number 192 (Wednesday, October 3, 2018)]
[Notices]
[Page 49922]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-21517]


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EXPORT-IMPORT BANK

[Public Notice: 2018-3016]


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.
    EXIM's borrowers, financial institution policy holders and 
guaranteed lenders provide this form to U.S. exporters, who certify to 
the eligibility of their exports for EXIM support. For direct loans and 
loan guarantees, the completed form is required to be submitted at time 
of disbursement and held by either the guaranteed lender or EXIM. For 
MT insurance, the completed forms are held by the financial 
institution, only to be submitted to EXIM in the event of a claim 
filing.
    EXIM uses the referenced form to obtain exporter certifications 
regarding the export transaction, content sourcing, and their 
eligibility to participate in USG programs. These details are necessary 
to determine the value and legitimacy of EXIM financing support and 
claims submitted. It also provides the financial institutions a check 
on the export transaction's eligibility at the time it is fulfilling a 
financing request.
    The information collection tool can be reviewed at: https://www.exim.gov/sites/default/files/pub/pending/eib11-05.pdf.

DATES: Comments must be received on or before November 2, 2018 to be 
assured of consideration.

ADDRESSES: Comments may be submitted electronically on 
WWW.REGULATIONS.GOV (EIB 11-05) or by mail to Office of Information and 
Regulatory Affairs, 725 17th Street NW, Washington, DC 20038 Attn: OMB 
3048.

SUPPLEMENTARY INFORMATION: 
    Title and Form Number: EIB 11-05 Exporter's Certificate for Loan 
Guarantee & MT Insurance Programs.
    OMB Number: 3048-0043.
    Type of Review: Regular.
    Need and Use: The information collected will allow EXIM to 
determine compliance and content for transaction requests submitted to 
EXIM under its insurance, guarantee, and direct loan programs.
    Affected Public: This form affects entities involved in the export 
of U.S. goods and services.
    Annual Number of Respondents: 4,000.
    Estimated Time per Respondent: 30 minutes.
    Annual Burden Hours: 2,000 hours.
    Frequency of Reporting of Use: As required.
    Government Expenses:
    Reviewing Time per Year: 67 hours.
    Average Wages per Hour: $42.50.
    Average Cost per Year: $2,847.5 (time * wages).
    Benefits and Overhead: 20%.
    Total Government Cost: $3,417.

Bassam Doughman,
IT Specialist.
[FR Doc. 2018-21517 Filed 10-2-18; 8:45 am]
 BILLING CODE 6690-01-P