View Information Collection Request (ICR) Package
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Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.
View ICR - OIRA Conclusion
OMB Control No:
3048-0014
ICR Reference No:
201212-3048-001
Status:
Historical Active
Previous ICR Reference No:
200910-3048-002
Agency/Subagency:
EXIMBANK
Agency Tracking No:
EIB 03-02
Title:
Export-Import Bank of the U.S. Application for Medium-Term Insurance or Guarantee
Type of Information Collection:
Revision of a currently approved collection
Common Form ICR:
No
Type of Review Request:
Regular
OIRA Conclusion Action:
Approved without change
Conclusion Date:
02/25/2013
Retrieve Notice of Action (NOA)
Date Received in OIRA:
12/26/2012
Terms of Clearance:
Inventory as of this Action
Requested
Previously Approved
Expiration Date
02/29/2016
36 Months From Approved
02/28/2013
Responses
400
0
400
Time Burden (Hours)
1,100
0
700
Cost Burden (Dollars)
38,100
0
0
Abstract:
The application requests information about the export finance transaction and the participants. The information is necessary to determine compliance with legislative mandates regarding the program, including creditworthiness. This application is to be used for insurance and guarantee transactions with financed amounts of $10 million or less and repayment terms between eighteen months and seven years.
Authorizing Statute(s):
PL:
Pub.L. 109 - 438 14
Name of Law: Export-Import Bank Reauthorization Act of 2006
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 202
10/18/2012
30-day Notice:
Federal Register Citation:
Citation Date:
77 FR 247
12/26/2012
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
Application for Medium-TermInsurance or Guarantee
EIB 03-02
Application for Medium Term Insurance or Guarantee
Export-Import Bank of the U.S. Application for Medium-Term Insurance or Guarantee
EIB 03-02
Application for Medium-Term Insurance or Guarantee
ICR Summary of Burden
Total Approved
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
400
400
0
400
-400
0
Annual Time Burden (Hours)
1,100
700
0
1,100
-700
0
Annual Cost Burden (Dollars)
38,100
0
0
38,100
0
0
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:
Export Import Bank has analyzed their costs for reviewing and benefits and overhead which has resulted in an increase in the Government Burden cost for this ICR. Ex-Im Bank has also updated this form to provide a more efficient workflow and thereby reduce the respondents completion time.
Annual Cost to Federal Government:
$38,115
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
Common Form ICR:
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:
(a) It is necessary for the proper performance of agency functions;
(b) It avoids unnecessary duplication;
(c) It reduces burden on small entities;
(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
(f) It indicates the retention periods for recordkeeping requirements;
(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
(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;
(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
(i) It uses effective and efficient statistical survey methodology (if applicable); and
(j) It makes appropriate use of information technology.
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.
Certification Date:
12/26/2012
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