Exporter's Certificate for Loan Guarantee and Medium Term Insurance Programs

ICR 201510-3048-001

OMB: 3048-0043

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supplementary Document
2012-08-15
Supporting Statement A
2015-10-13
IC Document Collections
ICR Details
3048-0043 201510-3048-001
Historical Active 201210-3048-001
EXIMBANK eib 11-05
Exporter's Certificate for Loan Guarantee and Medium Term Insurance Programs
Revision of a currently approved collection   No
Regular
Approved without change 11/20/2015
Retrieve Notice of Action (NOA) 10/13/2015
  Inventory as of this Action Requested Previously Approved
11/30/2018 36 Months From Approved 11/30/2015
4,000 0 54
2,000 0 66
0 0 2,093

The Export Import Bank of the United States (Ex-Im Bank) pursuant to the Export Import Bank Act of 1945, as amended (12 USC 635, et seq), facilitates the finance of export of U.S. goods and services. By neutralizing the effect of export credit insurance and guarantees offered by foreign governments and by absorbing credit risks that the private sector will not accept, Ex-Im Bank enables U.S. exporters to complete fairly in foreign markets on the basis of price and product. This collection of information is necessary, pursuant to 12 USC Sec. 635 (a) (1), to determine eligibility of the export for Ex-Im Bank assistance. This form will enable Ex-Im Bank to identify the specific details of the export transaction. These details are necessary for determining the eligibility of claims for approval. Ex-Im Bank staff and contractors review this information to assist in determining that an export transaction, on which a claim for non-payment has been submitted, meets all of the terms and conditions of cover.

US Code: 12 USC 635 Name of Law: Export Import Bank Act
  
None

Not associated with rulemaking

  80 FR 46578 08/05/2015
80 FR 61420 10/13/2015
No

  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 4,000 54 0 3,946 0 0
Annual Time Burden (Hours) 2,000 66 0 1,934 0 0
Annual Cost Burden (Dollars) 0 2,093 0 -2,093 0 0
Yes
Miscellaneous Actions
No
The annual number of responses has changed (as the number originally reported was based on the number of deals, not the number of respondents). The government reviewing time has also changed because it is now based on the amount of time required to review each response as opposed to an average time to review the responses provided for each deal. The end result is that the reviewing time per year is nearly the same – it was 68 hours and it now is 67 hours. There is however an increase in the total cost to the government as the cost methodology being used has changed and resulted in an increased cost per hour of review. The direct costs to the public were entered erroneously in the previous submission and were corrected in this submission.

$3,417
No
No
No
No
No
Uncollected
Bassam Doughman 202 565-3168 [email protected]

  No

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.
10/13/2015


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