[Federal Register Volume 81, Number 21 (Tuesday, February 2, 2016)]
[Notices]
[Page 5505]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-01859]
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OVERSEAS PRIVATE INVESTMENT CORPORATION
[OPIC-162, OMB 3420-0019]
Submission for OMB Review; Comments Request
AGENCY: Overseas Private Investment Corporation (OPIC).
ACTION: Notice and request for comments.
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SUMMARY: Under the provisions of the Paperwork Reduction Act (44 U.S.C.
chapter 35), agencies are required to publish a Notice in the Federal
Register notifying the public that the agency is modifying an existing
information collection for OMB review and approval and requests public
review and comment on the submission. Comments are being solicited on
the need for the information; the accuracy of OPIC's burden estimate;
the quality, practical utility, and clarity of the information to be
collected; and ways to minimize reporting the burden, including
automated collection techniques and uses of other forms of technology.
The proposed change to OPIC-162 clarifies existing questions,
incorporates sector-specific development impact questions and
eliminates ineffective questions in an effort to harmonize development
impact indicators with other Development Finance Institutions
(``DFIs''). OPIC is a signatory to a ``Memorandum of Understanding''
with 25 partnering DFIs to harmonize development impact metrics where
possible. The goal of this effort is to reduce the reporting burden on
clients that receive financing from multiple DFIs and to instill best
practices in the collection and the reporting on OPIC's developmental
impacts. To minimize the reporting burden on respondents, OPIC has
designed OPIC-162 as an electronic form with questions populating only
if they relate to a project.
DATES: Comments must be received within sixty (60) calendar days of
publication of this Notice.
ADDRESSES: Mail all comments and requests for copies of the subject
form to OPIC's Agency Submitting Officer: James Bobbitt, Overseas
Private Investment Corporation, 1100 New York Avenue NW., Washington,
DC 20527. See SUPPLEMENTARY INFORMATION for other information about
filing.
FOR FURTHER INFORMATION CONTACT: OPIC Agency Submitting Officer: James
Bobbitt, (202) 336-8558.
SUPPLEMENTARY INFORMATION: All mailed comments and requests for copies
of the subject form should include form number OPIC-162 on both the
envelope and in the subject line of the letter. Electronic comments and
requests for copies of the subject form may be sent to
[email protected], subject line OPIC-162.
SUMMARY FORM UNDER REVIEW
Type of Request: Revision of a currently approved information
collection.
Title: Self-Monitoring Questionnaire.
Form Number: OPIC-162.
Frequency of Use: One per investor per project annually.
Type of Respondents: Business or other institutions and
individuals.
Standard Industrial Classification Codes: All.
Description of Affected Public: U.S. companies or citizens
investing overseas.
Reporting Hours: 2,186 (4.7 hours per form).
Number of Responses: 465 per year.
Federal Cost: $48,518.
Authority for Information Collection: Sections 231, 231A, 239(d),
and 240A of the Foreign Assistance Act of 1961, as amended.
Abstract (Needs and Uses): The Self-Monitoring Questionnaire is the
principal document used by OPIC to monitor the developmental effects of
OPIC's investment projects, monitor the economic effects on the U.S.
economy, and collect information on compliance with environmental and
labor policies.
Dated: January 27, 2016.
Nichole Skoyles,
Administrative Counsel, Department of Legal Affairs.
[FR Doc. 2016-01859 Filed 2-1-16; 8:45 am]
BILLING CODE 3210-01-P