80 FR 40 pgs. 11194-11195 - Agency Information Collection Activities: Comment Request
Type: NOTICEVolume: 80Number: 40Pages: 11194 - 11195
Pages: 11194, 11195Docket number: [Public Notice 2015-0701]
FR document: [FR Doc. 2015-04190 Filed 2-27-15; 8:45 am]
Agency: Export-Import Bank
Official PDF Version: PDF Version
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EXPORT-IMPORT BANK OF THE UNITED STATES
[Public Notice 2015-0701]
Agency Information Collection Activities: Comment Request
AGENCY:
Export-Import Bank of the U.S.
ACTION:
Submission for OMB review and comments request.
Form Title: EIB 03-02, Application for Medium Term Insurance or Guarantee.
SUMMARY:
The Export-Import Bank of the United States (Ex-Im Bank) is requesting an emergency approval for form EIB 03-02, Application for Medium Term Insurance or Guarantee, in order to enhance the identification and classification of small businesses, as well as minority-, woman-, and veteran-owned businesses. The Bank will subsequently proceed with the regular authorization request for this form as required by the Paperwork Reduction Act of 1995.
[top] The purpose of this collection is to gather information necessary to make a determination of eligibility of a transaction for Ex-Im Bank assistance under its medium-term guarantee and insurance program.
The Export-Import Bank has made a change to the report to have the financial institution provide specific information (industry code, number of employees and annual sales volume) needed to make a determination as to whether or not the exporter meets the SBA's definition of a small business. The financial institution already provides the exporter's name and address. 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 financial institution to indicate whether the exporter 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.
The form can be viewed at: http://www.exim.gov/pub/pending/eib03-02.pdf
DATES:
Comments should be received on or before March 9, 2015 to be assured of consideration.
ADDRESSES:
Comments may be submitted electronically on http://www.regulations.gov (EIB:03-02) or by mail to Michele Kuester, Export-Import Bank of the United States, 811 Vermont Ave. NW., Washington, DC 20571.
SUPPLEMENTARY INFORMATION:
Titles and Form Number: EIB 03-02, Application for Medium Term Insurance or Guarantee.
OMB Number: 3048-0014.
Type of Review: Emergency.
Need and Use: The purpose of this collection is to gather information necessary to make a determination of eligibility of a transaction for Ex-Im Bank assistance under its medium-term guarantee and insurance program.
Affected Public: This form affects entities involved in the export of U.S. goods and services.
Annual Number of Respondents: 400.
Estimated Time per Respondent: 1.2 hour.
Annual Burden Hours: 480 hours.
Frequency of Reporting or Use: As needed.
Government Expenses
Reviewing Time per Year: 700 hours.
Average Wages per Hour: $42.50.
Average Cost per Year: $29,750 ( time*wages ).
Benefits and Overhead: 20%.
Total Government Cost: $35,700.
Bonita Jones-McNeil,
Records Management Division, Office of the Chief Information Officer.
[FR Doc. 2015-04190 Filed 2-27-15; 8:45 am]
BILLING CODE 6690-01-P