CCC Export Credit Guarantee Program (GSM-102)

ICR 202012-0551-001

OMB: 0551-0004

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2021-01-28
Supplementary Document
2021-01-28
Supplementary Document
2021-01-28
Supplementary Document
2021-01-28
IC Document Collections
IC ID
Document
Title
Status
1228 Modified
ICR Details
0551-0004 202012-0551-001
Received in OIRA 201710-0551-002
USDA/FAS ECGP-0004-2017
CCC Export Credit Guarantee Program (GSM-102)
Revision of a currently approved collection   No
Regular 01/28/2021
  Requested Previously Approved
36 Months From Approved 01/31/2021
4,067 3,700
1,130 1,423
0 0

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.

US Code: 7 USC 5602, 5622, 5661-64, 5676 Name of Law: Agricultural Trade Act of 1978
  
None

Not associated with rulemaking

  85 FR 74973 11/24/2020
86 FR 7244 01/27/2021
No

1
IC Title Form No. Form Name
CCC Export Credit Guarantee Program (GSM-102) N/A Exporter Application

  Total Request 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 4,067 3,700 0 367 0 0
Annual Time Burden (Hours) 1,130 1,423 0 -293 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Using Information Technology
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.

$1,582,294
No
    No
    No
No
No
No
No
Ronald Croushorn 202 720-3038 [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.
01/28/2021


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