The questionnaire is completed annually to provide information that allows OPIC to better assess the effects Overseas Private Investment Corporation (OPIC)- affects projects will have on the U.S. economy and employment, as well as the environment and economic abroad.
OPIC have improve OPIC-162, and OMB 3420-0019 to make it both more readable, language consistent throughout the form and to make the form electronic.
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US Code: 44 USC 3501 Name of Law: Paperwork Reduction Act
The burden of collecting information does not vary with the size of the business applying for assistance. However, the new SMQ will minimize the data collection burden for OPIC's small business clients.
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:
(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;
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.