Federal Register: April 4, 2003 (Volume 68, Number 65)
DOCID: FR Doc 03-8224
OVERSEAS PRIVATE INVESTMENT CORPORATION
Overseas Private Investment Corporation
DOCUMENT ACTION: Request for comments.
Submission for OMB Review; Comment Request
DATES: Comments must be received within 30 calendar days of this notice.
Under the provision of the Paperwork Reduction Act (44 U.S.C. Chapter 35), agencies are required to publish a Notice in the Federal Register notifying the public that Agency is preparing an information collection request for OMB review and approval and to request public review and comment on the submission.
At OPIC's request, OMB is reviewing this information collection for emergency processing for 90 days, under OMB control number 34200015.
Comments are being solicited on the need for the information, its practical utility, the accuracy of the Agency's burden estimate, and on ways to minimize the reporting burden, including automated collection techniques and uses of other forms of technology. The proposed form under review is summarized below.
Agency information collection activities; proposals, submissions, and approvals,
FOR FURTHER INFORMATION CONTACT
OPIC Agency Submitting Officer: Bruce [[Page 16594]]
Campbell, Record Manager, Overseas Private Investment Corporation, 1100 New York Avenue, NW., Washington, DC 20527; 2023368563.
Summary Form Under Review
Type of Request: Revised form.
Title: Application for Financing.
Form Number: OPIC 115.
Frequency of Use: Once per investor per project.
Type of Respondents: Business or other institution (except farms); individuals.
Standard Industrial Classification Codes: All.
Description of Affected Public: U.S. companies or citizens investing overseas.
Reporting Hours: 3.5 hours per project.
Number of Responses: 300 per year.
Federal Cost: $15,750.
Authority for Information Collection: Sections 231, 234(a), 239(d), and 240A of the Foreign Assistance Act. of 1961, as amended.
Abstract (Needs and Uses): The application is the principal
document used by OPIC to determine the investor's and the project's
eligibility for debt financing, assess the environmental impact and
developmental effects of the project, measure the economic effects for
the U.S. and the host country economy, and collect information for underwriting analysis.
Dated: March 12, 2003.
Senior Counsel and FOIA Director.
[FR Doc. 038224 Filed 4303; 8:45 am]
BILLING CODE 321001M