Export-Import Bank of the United States Short-Term Multi-Buyer Export Credit Insurance Policy Application

Forms and Documents

Document Name	Status
Form EIB 92-50 Short-Term Multi-Buyer Export Credit Insurance Policy Application Form and Instruction	Unchanged
Supporting Statement EIB 92-50 03-03-2015.doc Supporting Statement A	2015-03-03

IC Document Collections

IC ID	Document Title	Status
179502	Short-Term Multi-Buyer Export Credit Insurance Policy Application Form and Instruction	Unchanged

ICR Details

OMB Control No: 3048-0023	ICR Reference No: 201512-3048-008
Status: Historical Active	Previous ICR Reference No: 201503-3048-006
Agency/Subagency: EXIMBANK	Agency Tracking No: EIB 92-50
Title: Export-Import Bank of the United States Short-Term Multi-Buyer Export Credit Insurance Policy Application
Type of Information Collection: Reinstatement without change of a previously approved collection	Common Form ICR:  No
Type of Review Request: Emergency	Approval Requested By: 12/04/2015
OIRA Conclusion Action: Approved without change	Conclusion Date: 12/09/2015
	Date Received in OIRA: 12/04/2015
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	06/30/2016	6 Months From Approved
Responses	285	0	0
Time Burden (Hours)	143	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: The Export Import Bank of the United States, pursuant to the Export Import Bank Act of 1945, as amended (12 USC 635, et.seq.), facilitates the finance of the export of U.S. goods and services. The "Short Term Multi-Buyer Export credit Insurance Application" form will be used by entities involved in the export of US goods and services, to provide Ex-Im Bank with the information necessary to obtain legislatively required assurance of repayment and fulfill other statutory requirements. The Application for Short-Term Multi-Buyer Export Credit Insurance Policy has been and will be used to determine the eligibility of the applicant and the transaction for Export-Import Bank assistance under its insurance program. Export-Import Bank customers will be able to submit this form on paper or electronically. The Export-Import Bank has made a change to the report to have the applicant provide their number of employees or annual sales volume. That information is needed to determine whether or not they meet the SBA's definition of a small business. The applicant already provides their name, address and industry code (NAICS). These additional pieces of information will allow Ex-Im Bank to better track the extent to which its support assists U.S. small businesses. The other change that Ex-Im Bank has made is to require the applicant to indicate whether it is a minority-owned business, women-owned business and/or veteran-owned business. Although answers to the questions are mandatory, the company may choose any one of the three answers: Yes/No/Decline to Answer. The option of "Decline to Answer" allows a company to consciously decline to answer the specific question should they not wish to provide that information.

Emergency Justfication: Ex-Im Bank has experienced a lapse in its authority. The renewal process had been started, but Ex-Im Bank’s lack of authority has hindered continued progress on the renewal. Ex-Im Bank is requesting reinstatement and to extend the expiry date for form 3048-0023 for a six month period so that Ex-Im Bank can resume operating. Thank you for your kind attention to this request.

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Authorizing Statute(s): US Code: 12 USC 635 et seq. Name of Law: Export-Import Bank Act of 1935, as amended
  

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:
	80 FR 118	06/19/2015
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
Short-Term Multi-Buyer Export Credit Insurance Policy Application	EIB 92-50	EIB 92-50, Application for Short-Term Multi-Buyer Export Credit Insurance Policy

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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	285	0	0	0	0	285
Annual Time Burden (Hours)	143	0	0	0	0	143
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:

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Annual Cost to Federal Government: $14,535

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? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

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: 12/04/2015

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