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[Federal Register Volume 79, Number 66 (Monday, April 7, 2014)]
[Notices]
[Pages 19080-19081]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-07682]

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EXPORT-IMPORT BANK OF THE UNITED STATES

[Public Notice 2013-3002]

Agency Information Collection Activities: Comment Request

AGENCY: Export-Import Bank of the United States.

ACTION: Submission for OMB review and comments request.

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    Form Title: EIB 10-04 Notice of Claim and Proof of Loss, Working 
Capital Guarantee.
SUMMARY: The Export-Import Bank of the United States (Ex-Im Bank), as 
part of its continuing effort to reduce paperwork and respondent 
burden, invites the general public and other Federal Agencies to 
comment on the proposed information collection, as required by the 
Paperwork Reduction Act of 1995.
    By neutralizing the effect of export credit support offered by 
foreign governments and by absorbing credit risks that the private 
sector will not accept, Ex-Im Bank enables U.S. exporters to compete 
fairly in foreign markets on the basis of price and product. Under the 
Working Capital Guarantee Program, Ex-Im Bank provides repayment 
guarantees to lenders on secured, short-term working capital loans made 
to qualified exporters. The guarantee may be approved for a single loan 
or a revolving line of credit. In the event that a borrower defaults on 
a transaction guaranteed by Ex-Im Bank the guaranteed lender may seek 
payment by the submission of a claim.
    This collection of information is necessary, pursuant to 12 USC 
Sec. 635 (a) (1), to determine eligibility of the export sales for 
insurance coverage. The Report of Premiums Payable for Financial 
Institutions Only is used to determine the eligibility of the 
shipment(s) and to calculate the premium due to Ex-Im Bank for its 
support of the shipment(s) under its insurance program. Export-Import 
Bank customers will be able to submit this form on paper or 
electronically.
    The Export-Import Bank has made a change to the report to have the 
insured financial institution provide the industry code (NAICS) 
associated with each specific export. The insured financial institution 
already provides a short description of the goods and/or services being 
exported. This additional piece of information will allow Ex-Im Bank to 
better track what exports it is covering with its insurance policy.
    The information collection tool can be reviewed at: http://www.exim.gov/pub/pending/eib10-04.pdf.

DATES: Comments must be received on or before May 7, 2014 to be assured 
of consideration.

ADDRESSES: Comments may be submitted electronically on 
WWW.REGULATIONS.GOV or by mail to Office of Information and Regulatory 
Affairs, 725 17th Street NW., Washington, DC 20038 Attn: OMB 3048-10-
04.

[[Page 19081]]

SUPPLEMENTARY INFORMATION:
    Title and Form Number: EIB 10-04 Notice of Claim and Proof of Loss, 
Working Capital Guarantee.
    OMB Number: 3048-0035.
    Type of Review: Regular.
    Need and Use: This collection of information is necessary, pursuant 
to 12 U.S.C. 635(a)(1), to determine if such claim complies with the 
terms and conditions of the relevant insurance policy.
    Affected Public: This form affects entities involved in the export 
of U.S. goods and services.
    Annual Number of Respondents: 20.
    Estimated Time per Respondent: 20 minutes.
    Annual Burden Hours: 7 hours.
    Frequency of Reporting of Use: Monthly.
    Government Expenses:
    Reviewing time per year: 860 hours.
    Average Wages per Hour: $42.50.
    Average Cost per Year: $36,550 (time*wages).
    Benefits and Overhead: 20%.
    Total Government Cost: $43,860.

Bonita Jones,
Agency Clearance Officer, Office of the Chief Information Officer.
[FR Doc. 2014-07682 Filed 4-4-14; 8:45 am]
BILLING CODE 6690-01-P
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