View Information Collection Request (ICR) Package

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View ICR - OIRA Conclusion

OMB Control No: 3015-0003	ICR Reference No: 202309-3015-002
Status: Active	Previous ICR Reference No: 202207-3015-004
Agency/Subagency: DFC	Agency Tracking No: DFC‐003
Title: Application for Political Risk Insurance
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: 11/03/2023
	Date Received in OIRA: 09/14/2023
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	11/30/2026	36 Months From Approved	09/30/2025
Responses	100	0	220
Time Burden (Hours)	100	0	330
Cost Burden (Dollars)	11,250	0	24,750

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	100	220	-120
Annual Time Burden (Hours)	100	330	-230
Annual Cost Burden (Dollars)	11,250	24,750	-13,500

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: Cutting Redundancy

Short Statement: Previously overestimated the response time and number of responses in a year.

Annual Cost to Federal Government: $13,307

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? No

Agency Contact: Deborah Papadopoulos 202 967-6831 deborah.papadopoulos@dfc.gov

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