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View ICR - OIRA Conclusion

OMB Control No: 3420-0015	ICR Reference No: 201803-3420-001
Status: Historical Active	Previous ICR Reference No: 201503-3420-002
Agency/Subagency: OPIC	Agency Tracking No: OPIC-115
Title: Application for Project Finance
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: 04/26/2018
	Date Received in OIRA: 03/05/2018
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	04/30/2021	36 Months From Approved	04/30/2018
Responses	220	0	200
Time Burden (Hours)	330	0	150
Cost Burden (Dollars)	24,750	0	11,250

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	220	200	20
Annual Time Burden (Hours)	330	150	180
Annual Cost Burden (Dollars)	24,750	11,250	13,500

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: Though the data collection itself has not changed, the assumption of the time per response has changed from 45 minutes to 1.5 hours to reflect feedback OPIC has received from applicants indicating that it takes more time than had been previously estimated for a respondent to answer the questions carefully and thoroughly. The number of responses has been increased from 200 to 220 to reflect the most recent annualized date from out collection systems. The amendment to the instructions for supporting documentation made in response to public comments received by OPIC is not expected to impact the estimated burden.

Annual Cost to Federal Government: $11,809

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

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination. No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination. 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: James Bobbitt 202 336-8558 james.bobbitt@opic.gov

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