The CCC requires the information
described within this package for the purposes of operating and
maintaining the GSM-102 program in a judicious manner. CCC uses the
information gathered from exporters and financial institutions to
issue payment guarantees.
There is a decrease in the
number of respondents (from 88 to 47), but an increase in responses
(from 3,700 to 4,067). As the program is commercial in nature,
program usage tends to run countercyclical to the economy. During
the past year, the negative effects of the pandemic on the global
economy resulted in an increase in program use among the current
participants, causing the increase in responses. Total burden hours
decreased overall (from 1,423 to 1,130), despite the increase in
total responses, because of the shift to nearly 100% online
submissions.
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.