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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:
3048-0004
ICR Reference No:
202310-3048-001
Status:
Active
Previous ICR Reference No:
202012-3048-001
Agency/Subagency:
EXIMBANK
Agency Tracking No:
EIB 00-02
Title:
Annual Competitiveness Report Survey of Exporters and Lenders
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:
12/07/2023
Retrieve Notice of Action (NOA)
Date Received in OIRA:
10/25/2023
Terms of Clearance:
Inventory as of this Action
Requested
Previously Approved
Expiration Date
12/31/2026
36 Months From Approved
02/29/2024
Responses
112
0
150
Time Burden (Hours)
28
0
225
Cost Burden (Dollars)
0
0
0
Abstract:
The purpose of the survey is to fulfill the statutory mandate (Export-Import Bank Act of 1945, as amended, 12 U.S.C. 635) which directs EXIM to report annually to the U.S. Congress any action taken toward providing export credit programs that are competitive with those offered by official foreign export credit agencies. The Act further stipulates that the annual report on competitiveness should include the results of a survey of U.S. exporters and U.S. commercial lending institutions which provide export credit to determine their experience in meeting financial competition from other countries whose exporters compete with U.S. exporters.EXIM plans to survey exporters and lenders that have engaged with EXIM on medium- and long-term support over the previous calendar year or responded to at least one of EXIM’s last two surveys. The potential respondents will be sent an electronic invitation to participate in the online survey.The proposed survey will ask participants about their potential or completed deals involving EXIM, their opinion of EXIM’s policies and procedures, their interaction and perceptions of other export credit agencies, and impacts of overall market conditions on their businesses.
Authorizing Statute(s):
US Code:
12 USC 635
Name of Law: The Export-Import Bank Act of 1945
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:
88 FR 153
08/10/2023
30-day Notice:
Federal Register Citation:
Citation Date:
88 FR 200
10/18/2023
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
EXIM Competitiveness Report Exporter and Lender Survey 2023
EIB 00-02
EXIM Competitiveness Report Exporter and Lender Survey 2023
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
112
150
0
-38
0
0
Annual Time Burden (Hours)
28
225
0
-197
0
0
Annual Cost Burden (Dollars)
0
0
0
0
0
0
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:
The number of respondents is based on 1) a core group of 70 survey participants who responded in one or both the last two years, 2) exporters and banks that received authorizations in 2023 that are not among the 70 prior respondents, and 3) additional exporters and banks that have approved Letters of Interest (LIs) and/or have approached EXIM for support but whose transactions have not reached the authorization stage. Based on the current year’s activity, we expect about 110 additional parties knowledgeable about EXIM’s medium- and long-term programs beyond the initial 70 past survey participants, bringing the total universe of potential respondents to 180. We expect an approximately 67% response rate, meaning about 112 survey responses. The estimated time per respondent was based on 30 seconds to respond to one-option questions, such as the respondent providing their name and company and yes/no questions. One minute was estimated to respond to open-ended questions. The total time to respond would then be 13.5 minutes, which was rounded up to 15 minutes.
Annual Cost to Federal Government:
$4,262
Does this IC contain surveys, censuses, or employ statistical methods?
Yes
Part B of Supporting Statement
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:
Alla Lake 202 565-3352 alla.lake@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:
10/25/2023