DFC-003 Justification for Non-Substantive Change.

DFC-003

OMB 3015-0003

JUSTIFICATION FOR NON-SUBSTANTIVE CHANGES

1. Justification for Requested Changes

Addition of Question 15: DFC intends to foster collaboration with other development finance institutions (DFIs) by exchanging information about projects under consideration. The information shared between DFIs would enable DFC to more efficiently share risk, obtain due diligence on project opportunities, and enhance development impacts through co-insurance or reinsurance. In order to accomplish this purpose, the other DFIs would need basic information about the applicant. DFC therefore proposes to add a question to the DFC-003 which would allow applicants to give DFC permission to share a limited amount of their information with other DFIs. This question does not collect any additional information about the applicant and therefore would not increase the collection burden. The applicant’s answer would not impact DFC’s evaluation of their transaction.

2. There is no change to the estimated burden associated with these changes.

3. There is no change to the estimated annualized cost to the Federal government associated with these changes.

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