OPIC-Form 50 - Request for Registration1

OPIC-Form 50 - Request for Registration1.doc

Request for Registration for Political Risk Investment Insurance

OMB: 3420-0001

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OPIC-50

OMB No. 3420-0001






Request for Registration For Political Risk Insurance



Overseas Private Investment Corporation

An Agency of the United States Government


1100 New York Avenue, N.W.

Washington, DC 20527

www.opic.gov

Insurance Department

Tel.: (202) 336-8400

Fax: (202) 408-5142







INSTRUCTIONS:

Thank you for informing us of your interest in OPIC programs. This form is to be used in registering proposed investment projects for OPIC political risk investment insurance. To ensure that the project remains eligible for OPIC insurance, you should submit this form to OPIC prior to making an irrevocable investment commitment. Registration letters will not be issued for investments irrevocably committed, prior to the date of your request. This form may be downloaded from OPIC’s web site at http://www.opic.gov/insurance/apply/index.asp.

There is no fee for registering a project for OPIC insurance. Upon acceptance of this request, you will receive a letter from OPIC acknowledging that your project has been registered. The letter does not commit OPIC to providing political risk insurance, nor does registration commit the applicant to purchasing OPIC insurance. For insurance to be issued, the investor must submit a formal application for insurance (wherein the information submitted in this registration form may be amended) and the investment must meet all statutory and policy requirements. For your convenience, OPIC can provide you with the application in printed form as well as on disk. The application form may also be downloaded from OPIC’s website at http://www.opic.gov/insurance/apply/index.asp.

Please type or print clearly and sign this form prior to submission. If you have questions or require further assistance, please do not hesitate to contact OPIC’s Insurance Applications Officer at (202) 336-8595.

Part 1: Investor Information




1.

Investor:








Contact:

                         

Title:

                    







Address:

                                             







City:

               

State:

     

Zip/Postal Code:

          









Country:

               

Telephone:

               

Fax:

               









E-Mail:

               

Web site:

               






Parent Company Name (if applicable):

     



Applicant’s (or parent company’s) most recent consolidated annual sales (or stockholder’s equity for non-industrial companies):

$      








2.

Investor is:



A U.S. Citizen



An entity more than 50% beneficially owned by U.S. citizens



A foreign corporation more than 95% owned by one of more such U.S. entities or U.S citizens



A foreign entity (other than a corporation) 100% owned by one or more such U.S. entities or U.S. citizens





3.

How did you hear about OPIC?



Conference

OPIC Web site

Other Govt. Agency (SBA, TDA, EX-IM etc)



Insurance Broker

Former OPIC clients

Other (please specify)

          





Part 2: Project Information





4.

Where will the project be located?



City:


Country:







5.

Please describe the project



(a)

What products/services will be rendered?

     









(b)

Will you have a contract with the host government to provide these products or services?




Yes

No





(c)

The enterprise you will be investing in is:








New

An existing business to be expanded or improved.




(d)

Does the host government have any investment in the enterprise?




Yes

No

If Yes, the host government owns:

      %




(e)

Could this project result in reduced U.S. employment?




Yes

No




(f)

Could this project result in significant adverse environmental impacts?




Yes

No














Part 3: Investment to be Made





6.

Investment to be Made



(a)

Total amount of investment :

$      












(b)

Estimated date of investment:









(c)

Has any portion of this investment been made or irrevocably committed as of the date of registration?




Yes

No

If yes, please explain and indicate when the investment was made.           



(d)

What do you plan to insure?




Investors

Contractors & Exporters




Equity

Loan Guaranty

Bid Bond

Contract Disputes




Debt

Technical Assistance

Assets


Performance/Advance Payment Guaranties




Lease



Other:

     




Other:

     









Part 4: Insurance Broker or Agent





7.

This registration is being submitted:





By the Investor




OR



By a U.S. licensed broker or brokerage agency




OR



By an agent*






Contact:

                         

Title:

                    






Address:

                                             






City:

               

State:

     

Zip/Postal Code:

          






Country:

               

Telephone:

               

Fax:

               






E-Mail:

               







*An agent assists the insured without engaging in activities (including, inter alia, the solicitation, negotiation or placement of insurance) for which a license is required pursuant to applicable State or Federal insurance regulation.






8.

Who will complete the OPIC insurance application (Form 52)?



Investor



U.S. licensed broker or brokerage agency



Agent






Part 5: Signature









Investor Signature:

     

Date:















FOR OPIC USE ONLY





Route To:

     

Approved

Rejected









Registration No.:

     

Signature:


Date:

     








Registration Date:

     

Special Letter

(specify:)










Project Description:

     

Issue Letter of Intent









SIC CODE:

     





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