Form EIB 11-05 EIB 11-05 Exporter’s Certificate for Loan Guarantee & MT Insurance

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

EIB 11-05 Pending

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

OMB: 3048-0043

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EXPORTER’S CERTIFICATE

OMB 3048 - 0043
Pending 2018

FOR USE WITH CREDIT/GUARANTEE/MT INSURANCE
PROGRAMS

(Please type or print legibly)

Name and U.S. Street Address of Exporter:

EXIM Credit/Guarantee/Insurance Number:
Purchaser:

RE:

Supply Contract/Purchase Order No.(s) 1:

(The purchaser or buyer identified in the Supply Contract/Purchase Order identified above is referred to
hereafter in this Exporter’s Certificate as the “Purchaser”)
Check One:
☐Initial Exporter’s Certificate
☐Amended Exporter’s Certificate The following has changed:

We understand that the Export-Import Bank of the United States (“EXIM”) provides credit support to promote U.S.
export sales, and that, subject to the terms of the EXIM Credit/Guarantee/Insurance applicable to the transaction,
EXIM will determine the scope of its support for your sale to the Purchaser based on the information provided
below.

1

Note: Medium-term (non-limited recourse project finance) transactions: if any Local Costs for which EXIM support is

sought

are

not

included

in

the

Exporter’s

supply

contract(s)/purchase

order(s),

any

such

other

contracts

containing eligible Local Costs must also be included in this list and will be covered by the certifications made by the
Exporter in this Exporter’s Certificate. For more information: http://www.exim.gov/policies/local-cost.
EIB 11-05
Revised 6/2018

1

EXPORTER’S CERTIFICATE

OMB 3048 - 0043
Pending 2018

FOR USE WITH CREDIT/GUARANTEE/MT INSURANCE
PROGRAMS

To aid in this determination, we, the Exporter, hereby certify:
PART A: CONTENT
Content. This information is based on our reasonable best efforts to assess the value of the goods (“Goods”)
and services (“Services”) to be provided under the above-referenced supply contract(s) or signed purchase order(s)
with the Purchaser (the “Supply Contract(s)/Purchase Order(s)”). Content changes may need to be reported via an
amended Exporter’s Certificate (see Part C below). Check one:

1.

The Goods and Services contain only U.S. Content: the U.S. Content Percentage is 100% (i.e., no Foreign Content,
Local Costs, or Excluded Goods and Services (defined below)). Please do not complete the chart if this box is checked.
The Goods and Services contain less than 100% U.S. Content. Please complete the chart if this box is checked.

Definition

USD

A.

Supply Contract/
Purchase Order(s)

The aggregate price of all Goods and Services in the Supply Contract/
Purchase Order(s).

B.

Excluded
Goods and Services

The aggregate price of all Goods and Services that are not eligible for (or
excluded from) EXIM support (e.g., goods not shipped from the U.S.)

C.

Contract Price

A minus B

D.

Local Costs

The aggregate price of all Goods originated/manufactured in the Purchaser's
country and all Services provided by residents of the Purchaser's Country.

E.

Net Contract Price

C minus D

F.

Foreign Content

The aggregate cost to the Exporter of any Goods (or components thereof)
that were produced or manufactured outside the U.S., Services provided
by personnel without I-9 Forms, and foreign freight costs and foreign
insurance included in the Net Contract Price for Goods exported from the
U.S. (Such amount shall not include any Local Costs.)

G.

U.S. Content

E minus F

H.

U.S. Content
Percentage

G divided by E, expressed as a percentage.

%

I.

Disbursement
Percentage

Initial Exporter’s Certificate: input the lower of (i) 85% and (ii) the
percentage in H. Amended Exporter’s Certificate: input the percentage
obtained from the Disbursement Percentage Calculator page (if any).

%

EIB 11-05
Revised 6/2018

2

EXPORTER’S CERTIFICATE

FOR USE WITH CREDIT/GUARANTEE/MT INSURANCE
PROGRAMS

OMB 3048 - 0043
PENDING 2018

PART B: DOWN PAYMENT
In connection with the Supply Contract(s)/Purchaser Order(s) referenced above:
For any and all provision of Goods and/or Services to date, we have a) received payment in an amount equal to at least
fifteen percent (15%) of the portion of the Net Contract Price related to such provision of Goods and/or Services, or b) we
have financed such amount pursuant to documents executed by us and the Purchaser, providing for such financing at market
rates of interest; and,

1.

2. For any and all provision of Goods and/or Services, we will receive payment in an amount equal to at least fifteen
percent (15%) of the portion of the Net Contract Price related to such future shipments or deliveries or future transportation
of Goods or provision of Services: a) at or about the time of such provision of Goods and/or Services, or, b) pursuant to
documents executed or to be executed by us and the Purchaser, providing for such financing at market rates of interest.
(For transactions involving 100% U.S. Goods and Services, “Net Contract Price” means the aggregate price of such Goods and
Services. For transactions involving less than 100% U.S. Goods and Services, “Net Contract Price” means the amount
calculated in row “E” of the chart on page 2 of this Exporter’s Certificate.)
We have submitted (or will submit) evidence of payment of our invoices issued in connection with the Supply
Contract(s)/Purchase Order(s) listed above.
PART C: CERTIFICATIONS, CHANGES AND EXIM RELIANCE
Changes to Content. With respect to Part A, “Content”, above we will promptly complete and submit an Amended
Exporter’s Certificate if there has been a “material change” in the U.S. Content Percentage (together with a copy of the
completed “Disbursement Percentage Calculator” found at http://www.exim.gov/tools-for-exporters/credit-administrationand-operations/disbursement-calculator) prior to any further presentation of invoices for payment. A “material change” in the
U.S. Content Percentage occurs if (i) the U.S. Content Percentage has decreased by more than 5% (as compared to the U.S.
Content Percentage reported in the initial Exporter’s Certificate) and (ii) aggregate foreign content is over 20% (i.e., the new
U.S. Content Percentage is less than 80%).

1.

With respect to Part B, we will promptly complete and submit an Amended Exporter’s Certificate if there has been any
change regarding, or if we have obtained new information or documentation in connection with, the Down Payment.
With respect to Part C, if any of the certifications made therein become untrue, we will promptly submit an amended
Exporter’s Certificate, noting the changes and with any required attachments, prior to any further presentation of invoices for
payment.

2.

EXIM Reliance. The undersigned authorized officer, on our behalf, further certifies that the representations made and

the facts stated in this Exporter’s Certificate are true to the best of our knowledge and belief, and we have not
misrepresented or omitted any material facts.
We understand that EXIM will rely on the certifications and
representations made in this Exporter’s Certificate; we agree we are liable for any damages suffered by EXIM’s
reliance. We a l s o understand that these certifications are subject to penalties for fraud and for providing false
documentation, including, but not limited to, those penalties provided f o r in Article 18 United States Code, Section
1001. We agree that presentation of invoices to a guaranteed/insured lender or EXIM for payment, under the EXIM
Credit/Guarantee/Insurance, is a confirmation and re-certification by us of the information and certifications
made herein. We agree to provide additional information with respect to any of the matters covered in this
Exporter’s Certificate upon EXIM’s reasonable written request.

EIB 11-05
Revised 6/2018

3

EXPORTER’S CERTIFICATE

OMB 3048 - 0043
PENDING 2018

FOR USE WITH CREDIT/GUARANTEE/MT INSURANCE
PROGRAMS

Certifications and Signature

3.

Please refer to the Certifications and Covenants for Exporter’s Certificates (Part D) posted on EXIM’s website as
document EIB 15-05. THE CERTIFICATIONS AND COVENANTS FOR EXPORTER’S CERTIFICATES ARE INCORPORATED
INTO THIS EXPORTER’S CERTIFICATE AS IF FULLY SET FORTH HEREIN. When signing this Exporter’s Certificate in the
space provided below, the undersigned authorized officer signing on our behalf certifies and represents that he or she
is fully authorized to sign on our behalf, and that HE OR SHE HAS READ the Certifications and Covenants for Exporter’s
Certificates (Part D) referenced above AND IS CERTIFYING AND COVENANTING, as appropriate, to all of the
certifications, acknowledgements and covenants set forth in that document.

I,

, do hereby certify that I am the duly appointed and qualified

of

and that as such I am authorized to execute this Exporter’s Certificate on behalf of
.
In witness whereof, I have hereunto signed my name this

Month
day of Month

Year
, Year

.

Name of Exporter:

(Authorized Officer)

By:
Name:
Title:
Tel. #:
Email:

Links and Additional Information
For information regarding the Exporter’s Certificate (and other helpful facts), go to http://www.exim.gov/. Should you have
any further questions regarding the Exporter’s Certificate, please call EXIM’s Customer contact center: 1 800 565 EXIM/ 202
565 EXIM. For insurance transactions, please contact your insurance broker or appropriate EXIM regional office.
Paperwork Reduction Act Statement: We estimate that it will take you about 30 minutes to complete this form. This
includes the time it will take to read the instructions, gather the necessary facts and fill out the form. However, you are not
required to provide information requested unless a valid OMB control number is displayed on the form. If you have
comments or suggestions regarding the above estimate or ways to simplify this form, forward correspondence to EXIM
and the Office of Management and Budget, Paperwork Reduction Project, OMB #3048-0043 Washington, D.C. 20503.

EIB 11-05
Revised 6/2018

4


File Typeapplication/pdf
AuthorRicardo S. Exantus
File Modified2018-07-16
File Created2015-07-29

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