Agency Information Collection Activities: Comment Request
| Published date | 30 September 2019 |
| Citation | 84 FR 51564 |
| Record Number | 2019-21047 |
| Section | Notices |
| Court | Export-import Bank |
Federal Register, Volume 84 Issue 189 (Monday, September 30, 2019)
[Federal Register Volume 84, Number 189 (Monday, September 30, 2019)]
[Notices]
[Pages 51564-51565]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-21047]
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EXPORT-IMPORT BANK
[Public Notice: 2019-6020]
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
[[Page 51565]]
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 November 29, 2019 to be
assured of consideration.
ADDRESSES: Comments may be submitted electronically on
WWW.REGULATIONS.GOV or by mail to Michele Kuester, Export-Import Bank,
811 Vermont Ave. NW, Washington, DC 20571.
SUPPLEMENTARY INFORMATION:
Title and Form Number: EIB 12-02 Credit Guarantee Facility
Disbursement Approval Request.
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: $1,062.50 (time * wages).
Benefits and Overhead: 20%.
Total Government Cost: $1,275.
Bassam Doughman,
IT Project Manager.
[FR Doc. 2019-21047 Filed 9-27-19; 8:45 am]
BILLING CODE 6690-01-P
