[Federal Register Volume 81, Number 105 (Wednesday, June 1, 2016)]
[Notices]
[Pages 35013-35014]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-12827]
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EXPORT-IMPORT BANK
[Public Notice: 2016-3023]
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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Form Title: EIB 12-02 Credit Guarantee Facility Disbursement
Approval Request.
SUMMARY: The Export-Import Bank of the United States (EXIM 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.
EXIM Bank has an electronic disbursement approval processing system
for guaranteed lenders with Credit Guarantee Facilities. After a Credit
Guarantee Facility (CGF) has been authorized by EXIM Bank and legal
documentation has been completed, the lender will obtain and review the
required disbursement documents (e.g., invoices, bills of lading,
Exporter's Certificate, etc.) and will disburse the proceeds of the
loan for eligible goods and services. In order to obtain approval of
the disbursement, the lender will access and complete an electronic
questionnaire through EXIM Bank's online application system (EXIM
Online). Using the form, the lender will input key data and request
EXIM Bank's approval of the disbursement. EXIM Bank's action (approved
or denied) is posted on the lender's history page.
The information collected in the questionnaire will assist EXIM
Bank in determining that each disbursement under a Medium-Term
Guarantee meets all the terms and conditions for approval.
The information collection tool can be reviewed at: http://exim.gov/sites/default/files/pub/pending/eib12-02.pdf.
DATES: Comments must be received on or before August 1, 2016 to be
assured of consideration.
ADDRESSES: Comments may be submitted electronically on
WWW.REGULATIONS.GOV or by mail to Office of Information and Regulatory
Affairs, 725 17th Street NW., Washington, DC 20038, Attn: OMB 3048-
0046.
SUPPLEMENTARY INFORMATION:
Title and Form Number: EIB 12-02 Credit Guarantee Facility
Disbursement Approval Request.
[[Page 35014]]
OMB Number: 3048-0046.
Type of Review: Regular.
Need and Use: The information requested enables EXIM Bank to
determine that a disbursement under a Credit Guarantee Facility meets
all of the terms and conditions for approval.
Affected Public:
This form affects lenders involved in the financing of U.S. goods
and services exports.
Annual Number of Respondents: 50.
Estimated Time per Respondent: 60 minutes.
Annual Burden Hours: 50 hours.
Frequency of Reporting of Use: Annual.
Government Expenses:
Reviewing Time per Year: 25 hours.
Average Wages per Hour: $42.50.
Average Cost per Year (time*wages): $1,062.50.
Benefits and Overhead: 20%.
Total Government Cost: $1,275.
Bonita Jones-McNeil,
Program Analyst, Agency Clearance Officer, Office of the Chief
Information Officer.
[FR Doc. 2016-12827 Filed 5-31-16; 8:45 am]
BILLING CODE 6690-01-P