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OMB Control No: 3048-0041	ICR Reference No: 201204-3048-002
Status: Historical Active	Previous ICR Reference No:
Agency/Subagency: EXIMBANK	Agency Tracking No: EIB 94-07
Title: Exporters Certificate for Use with a Short Term Export Credit Insurance Policy
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR: No
Type of Review Request: Emergency	Approval Requested By: 05/18/2012
OIRA Conclusion Action: Approved with change	Conclusion Date: 05/08/2012
	Date Received in OIRA: 04/27/2012
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	11/30/2012	6 Months From Approved
Responses	2,500	0	0
Time Burden (Hours)	625	0	0
Cost Burden (Dollars)	78	0	0

Abstract: Ex-Im Bank is requesting an emergency approval of Ex-Im Bank form EIB 94-07, Exporter's Certificate For Use With A Short Term Export Credit Insurance Policy. Ex-Im Bank's financial institution policy holders provide this form to U.S. exporters, who certify to the eligibility of their exports for Ex-Im Bank support. The completed forms are held by the financial institution policy holders, only to be submitted to Ex-Im Bank in the event of a claim filing. A requirement of Ex-Im Bank's policies is that the insured financial institution policy holder obtains a completed Exporter's Certificate at the time it provides financing for an export. Ex-Im Bank believes that EIB 94-07 requires emergency approval in order to continue operation of its short term financial institution programs. It is an integral component of the program and is heavily used. Lack of an emergency approval of this form would preclude our ability to continue operation of its short term financial institution programs.

Emergency Justfication: Emergency Justification for EIB 94-07 Exporters Certificate for Use with a Short Term Export Credit Insurance Policy. Ex-Im Bank is requesting an emergency approval of Ex-Im Bank form EIB 94-07, Exporters Certificate for Use with a Short Term Export Credit Insurance Policy. Ex-Im Banks financial institution policy holders provide this form to U.S. exporters, who certify to the eligibility of their exports for Ex-Im Bank support. The completed forms are held by the financial institution policy holders, only to be submitted to Ex-Im Bank in the event of a claim filing. A requirement of Ex-Im Banks policies is that the insured financial institution policy holder obtain a completed Exporters Certificate at the time it provides financing for an export. Ex-Im Bank believes that EIB 94-07 requires emergency approval in order to continue operation of its short term financial institution programs. It is an integral component of the program and is heavily used. Ex-Im Bank developed the referenced form to obtain exporter certification regarding the export transaction, U.S. content, non-military use, non-nuclear use, compliance with Ex-Im Banks country cover policy, and their eligibility to participate in USG programs. These details are necessary to determine the legitimacy of claims submitted. It also provides the financial institution policy holder a check on the export transactions eligibility, at the time it is fulfilling a financing request. Lack of an emergency approval of this form would preclude our ability to continue operation of its short term financial institution programs. Without this form, it would be impossible for financial institution policy holders to comply with the requirements of their policies. Further it would not be prudent to delete this requirement, from the policies, as this could possibly lead to support of exports that do not align with Ex-Im Banks mandates and USG requirements. This would adversely impact Ex-Im Banks ability to finance small business exporters and its overall mission to support U.S. exports and maintain U.S. jobs. Accordingly, Ex-Im Bank requests emergency approval of EIB 94-07 in order to continue operation of this important export program.

Authorizing Statute(s): US Code: 12 USC 635 Name of Law: Export Import Act

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	77 FR 55	03/21/2012
Did the Agency receive public comments on this ICR? No

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Exporters Certificate for Use with a Short Term Export Credit Insurance Policy	EIB 94-07

ICR Summary of Burden

	Total Approved	Change Due to Agency Discretion
Annual Number of Responses	2,500	2,500
Annual Time Burden (Hours)	625	625
Annual Cost Burden (Dollars)	78	78

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: This is a new form the Bank is requesting an Emergency Approval. The estimated burden was calculated based on the number of forms received in the past 12 months.

Annual Cost to Federal Government: $1,131

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: Sharon Whitt 202 565-3325 Sharon.Whitt@exim.gov

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