View Information Collection Request (ICR) Package

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View ICR - OIRA Conclusion

OMB Control No: 3420-0015	ICR Reference No: 201503-3420-002
Status: Historical Active	Previous ICR Reference No: 201205-3420-005
Agency/Subagency: OPIC	Agency Tracking No: OPIC-115
Title: Application for Financing
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: 04/29/2015
	Date Received in OIRA: 03/09/2015
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	04/30/2018	36 Months From Approved	05/31/2015
Responses	200	0	250
Time Burden (Hours)	150	0	438
Cost Burden (Dollars)	11,250	0	18,750

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	200	250	-50
Annual Time Burden (Hours)	150	438	-288
Annual Cost Burden (Dollars)	11,250	18,750	-7,500

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

Burden Increase Due to:

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

Burden Reduction Due to: Miscellaneous Actions

Short Statement: OPIC previously estimated that the agency received approximately 250 applications per year. Based upon data from our new on-line application system, we have refined our estimate to approximately 200 applications per year. The estimated annual time burden was incorrectly calculated by the previous records officer.

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