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[Federal Register Volume 77, Number 186 (Tuesday, September 25, 2012)]
[Notices]
[Pages 58989-58990]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-23561]

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EXPORT-IMPORT BANK

[Public Notice 2012-0505]

Agency Information Collection Activities: Final Collection; 
Comment Request

AGENCY: Export-Import Bank of the U.S.

ACTION: Submission for OMB Review and Comments Request.

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    Form Title: EIB 11-05 Exporter's Certificate for Loan Guarantee & 
MT Insurance Programs
SUMMARY: The Export-Import Bank of the United States (Ex-Im Bank), as a 
part of its continuing effort to reduce paperwork and respondent 
burden,

[[Page 58990]]

invites the general public and other Federal Agencies to comment on the 
proposed information collection, as required by the Paperwork Reduction 
Act of 1995.
    Ex-Im Bank's borrowers, financial institution policy holders and 
guaranteed lenders provide this form to U.S. exporters, who certify to 
the eligibility of their exports for Ex-Im Bank support. For direct 
loans and loan guarantees, the completed form is required to be 
submitted at time of disbursement and held by either the guaranteed 
lender or Ex-Im Bank. For MT insurance, the completed forms are held by 
the financial institution, only to be submitted to Ex-Im Bank in the 
event of a claim filing. Ex-Im Bank believes that EIB 11-05 requires 
emergency approval in order to continue operation of its long- and 
medium-term financing programs. It is an integral component of the 
programs and is heavily used.
    Lack of an emergency approval of this form would preclude our 
ability to continue operation of its long- and medium-term financial 
institution programs. Ex-Im Bank developed the referenced form to 
obtain exporter certifications regarding the export transaction, 
content sourcing, and their eligibility to participate in USG programs. 
These details are necessary to determine the value and legitimacy of 
Ex-Im Bank financing support and claims submitted. It also provides the 
financial institutions a check on the export transaction's eligibility 
at the time it is fulfilling a financing request.
    Accordingly, Ex-Im Bank requests emergency approval of EIB 11-05 in 
order to continue operation of these important export programs.
    The form can be viewed at: www.exim.gov/pub/pending/eib11-05.pdf.

DATES: Comments should be received on or before October 25, 2012 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-XXXX.

SUPPLEMENTARY INFORMATION:

Titles and Form Number EIB 11-05 Exporter's Certificate for Direct 
Loan, Loan Guarantee & MT Insurance Programs

    OMB Number: 3048-0043.
    Type of Review: New.
    Need and Use: The information collected will provide information 
needed to determine compliance and content for transaction requests 
submitted to the Export-Import Bank under its insurance, guarantee, and 
direct loan programs.
    Affected Public: This form affects entities involved in the export 
of U.S. goods and services.
    Annual Number of Respondents: 4,000.
    Estimated Time per Respondent: 30 minutes.
    Total Burden: 2,000 hours.
    Government Reviews only forms when a claim is filed--in FY 2011 54 
claims were filed utilizing this form.
    Government Annual Burden Hours: 54.
    Frequency of Reporting or Use: As needed.
    Total Cost to the Government: $2,090.88.

Sharon A. Whitt,
Agency Clearance Officer.
[FR Doc. 2012-23561 Filed 9-24-12; 8:45 am]
BILLING CODE 6690-01-P
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