Application for Financing

Forms and Documents

Document Name	Status
Form OPIC-115 Application for Financing Form	Modified
Supporting Statement -OPIC-115- 2007.DOC Supporting Statement A	2007-11-09

IC Document Collections

IC ID	Document Title	Status
35919	Application for Financing Form	Modified

ICR Details

OMB Control No: 3420-0015	ICR Reference No: 200710-3420-003
Status: Historical Active	Previous ICR Reference No: 200502-3420-001
Agency/Subagency: OPIC	Agency Tracking No: OPIC-115
Title: Application for Financing
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 12/14/2007
	Date Received in OIRA: 11/01/2007
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2010	36 Months From Approved	05/31/2008
Responses	150	0	300
Time Burden (Hours)	293	0	1,200
Cost Burden (Dollars)	0	0	0

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Abstract: Under the authority for information collection: Section 231 and 234(b) and (c) of the Foreign Assistance Act of 1961, as amended; OPIC-115 is used to determine the investor's and project eligibility for debt financing; environmental impact, and developmental effects of the projects; measure the economic effects for the U.S. and host country; and assess certain workers right information.

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Authorizing Statute(s): None

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	72 FR 33789	06/19/2007
30-day Notice:	Federal Register Citation:	Citation Date:
	72 FR 47085	08/22/2007
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Application for Financing	OPIC-115	Application for Financing

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	150	300	0	0	-150	0
Annual Time Burden (Hours)	293	1,200	0	0	-907	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The burden decreases because the information OPIC needs to determine investor's and project's eligibility for debt financing is clearer and more customer oriented. The form has also been revised to better serve our customers. The number of respondents is based on the approximation number of companies applying for OPIC finance each year.

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Annual Cost to Federal Government: $8,729

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? Yes

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 11/01/2007

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