40526 Federal Register / Vol. 62, No. 145 / Tuesday, July 29, 1997 / Notices

comment on proposed and/or

continuing information collections, as

required by the Paperwork Reduction

Act of 1995 (44 U.S.C. chapter 35).

Currently, the FDIC is soliciting

comments concerning an information

collection titled ‘‘Application for

Consent to Reduce or Retire Capital.’’

DATES: Comments must be submitted on

or before September 29, 1997.

ADDRESSES: Interested parties are

invited to submit written comments to

Steven F. Hanft, FDIC Clearance Officer,

(202) 898–3907, Office of the Executive

Secretary, Federal Deposit Insurance

Corporation, 550 17th Street N.W.,

Washington, D.C. 20429. Comments

may be hand-delivered to the guard

station at the rear of the 17th Street

building (located on F Street), on

business days between 7:00 a.m. and

5:00 p.m. (Fax number (202) 808–3838;

Internet address: comments@fdic.gov]).

All comments should refer to

‘‘Application for Consent to Reduce or

Retire Capital.’’

A copy of the comments may also be

submitted to the OMB desk officer for

the FDIC: Alexander Hunt, Office of

Information and Regulatory Affairs,

Office of Management and Budget, New

Executive Office Building, Room 3208,

Washington, D.C. 20503.

FOR FURTHER INFORMATION CONTACT:

Steven F. Hanft, at the address

identified above.

SUPPLEMENTARY INFORMATION:

Proposal to renew the following

currently approved collection of

information:

Title: Application for Consent to

Reduce or Retire Capital.

OMB Number: 3064–0079.

Frequency of Response: Occasional.

Estimated Total Annual Responses:

125.

Estimated Time per Response: 1 hour.

Estimated Total Annual Burden: 125

hours.

General Description Of the Collection:

Section 18(i) of the Federal Deposit

Insurance Act (12 U.S.C. 1828(i)) states

that no insured state nonmember bank

shall, without the prior consent of the

FDIC, reduce the amount or retire any

part of its common or preferred capital

stock, or retire any part of its capital

notes or debentures. In granting or

withholding consent under section 18(i)

of the FDI Act, the FDIC is required to

consider the following: (a) the financial

history and condition of the bank, (b)

the adequacy of its capital structure, (c)

its future earnings prospects (d) the

general character and fitness of its

management, (e) the convenience and

needs of the community to be served,

and (f) whether or not its corporate

powers are consistent with the purpose

of the Act. To carry out this statutory

responsibility, the FDIC requires the

banks it supervises to submit letter

applications that convey information

about planned capital reductions. The

FDIC evaluates the information

contained in an application and makes

a decision to grant or withhold consent

based on the statutory considerations.

Request for Comment

Comments are invited on: (a) Whether

the collection of information is

necessary for the proper performance of

the FDIC’s functions, including whether

the information has practical utility; (b)

the accuracy of the estimates of the

burden of the information collection,

including the validity of the

methodology and assumptions used; (c)

ways to enhance the quality, utility, and

clarity of the information to be

collected; and (d) ways to minimize the

burden of the information collection on

respondents, including through the use

of automated collection techniques or

other forms of information technology.

At the end of the comment period, the

comments and recommendations

received will be analyzed to determine

the extent to which the collection

should be modified prior to submission

to OMB for review and approval.

Comments submitted in response to this

notice also will be summarized or

included in the FDIC’s requests to OMB

for renewal of this collection. All

comments will become a matter of

public record.

Dated at Washington, D.C., this 23rd day of

July 1997.

Federal Deposit Insurance Corporation.

Robert E. Feldman,

Executive Secretary.

[FR Doc. 97–19881 Filed 7–28–97; 8:45 am]

BILLING CODE 6714–01–M

FEDERAL RESERVE SYSTEM

Agency Information Collection

Activities: Submission to OMB Under

Delegated Authority

Background

Notice is hereby given of the final

approval of a proposed information

collection by the Board of Governors of

the Federal Reserve System (Board)

under OMB delegated authority, as per

5 CFR 1320.16 (OMB Regulations on

Controlling Paperwork Burdens on the

Public). The Federal Reserve may not

conduct or sponsor, and the respondent

is not required to respond to, an

information collection that has been

extended, revised, or implemented on or

after October 1, 1995, unless it displays

a currently valid OMB control number.

FOR FURTHER INFORMATION CONTACT:

Chief, Financial Reports Section—Mary

M. McLaughlin—Division of Research

and Statistics, Board of Governors of

the Federal Reserve System,

Washington, DC 20551 (202-452-3829)

OMB Desk Officer—Alexander T.

Hunt—Office of Information and

Regulatory Affairs, Office of

Management and Budget, New

Executive Office Building, Room

3208, Washington, DC 20503 (202-

395-7860)

Final approval under OMB delegated

authority of the extension for three

years, without revision, of the following

report:

1. Report title: Request for Proposal

(RFP); Request for Price Quotations

(RFPQ)

Agency form number: n/a

OMB Control number: 7100-0180

Frequency: on occasion

Reporters: vendors and suppliers

Annual reporting hours: 7,610

Estimated average hours per response:

20.0 (RFP); 0.5 (RFPQ)

Number of respondents: 248 (RFP);

5,300 (RFPQ)

Small businesses are affected.

General description of report: This

information collection is required to

obtain or retain a benefit (12 U.S.C.

sections 243, 244, and 248) and is not

given confidential treatment unless a

respondent requests that portions of the

information be kept confidential and the

Board grants the request pursuant to the

applicable exemptions provided by the

Freedom of Information Act (5 U.S.C.

section 552).

Abstract: The Federal Reserve Board

uses the RFP and the RFPQ as needed

to obtain competitive proposals and

contracts from approved vendors of

goods and services. Depending upon the

goods and services for which the

Federal Reserve Board is seeking

competitive bids, the respondent is

requested to provide either prices for

providing the goods or services (RFPQ)

or a document covering not only prices,

but also the means of performing a

particular service and a description of

the qualification of the staff who will

perform the service (RFP). The Board

staff uses this information to analyze the

proposals and to select the best offer.

Board of Governors of the Federal Reserve

System, July 24, 1997.

William W. Wiles,

Secretary of the Board.

[FR Doc. 97-19947 Filed 7-28-97; 8:45AM]

Billing Code 6210-01-F