Agency Information Collection Activities: Comment Request
| Citation | 84 FR 51565 |
| Record Number | 2019-21116 |
| Published date | 30 September 2019 |
| Section | Notices |
| Court | Export-import Bank Of The United States |
Federal Register, Volume 84 Issue 189 (Monday, September 30, 2019)
[Federal Register Volume 84, Number 189 (Monday, September 30, 2019)]
[Notices]
[Page 51565]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-21116]
-----------------------------------------------------------------------
EXPORT-IMPORT BANK OF THE UNITED STATES
[Public Notice: 2019-6021]
Agency Information Collection Activities: Comment Request
AGENCY: Export-Import Bank of the United States.
ACTION: Submission for OMB review and comments request.
-----------------------------------------------------------------------
Form Title: EIB 12-01 Medium-Term Master Guarantee Agreement
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 guarantee lenders with
transactions documented under Medium-Term Master Guarantee Agreements.
After an export transaction 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/eib12-01.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 12-01 Medium-Term Master Guarantee
Agreement Disbursement Approval Request.
OMB Number: 3048-0049.
Type of Review: Regular.
Need and Use: The information requested enables EXIM Bank to
determine that a disbursement under a Medium-Term Guarantee 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: 150.
Estimated Time per Respondent: 30 minutes.
Annual Burden Hours: 75 hours.
Frequency of Reporting of Use: Annual.
Government Expenses:
Reviewing time per year: 38 hours.
Average Wages per Hour: $42.50.
Average Cost per Year: $1,615.00 (time * wages).
Benefits and Overhead: 20%.
Total Government Cost: $1,938.
Bassam Doughman,
IT Project Manager.
[FR Doc. 2019-21116 Filed 9-27-19; 8:45 am]
BILLING CODE 6690-01-P
