[Federal Register Volume 82, Number 203 (Monday, October 23, 2017)]
[Notices]
[Page 49025]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-22874]


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EXPORT-IMPORT BANK

[Public Notice: 2017-6014]


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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SUMMARY: The Export-Import Bank of the United States (EXIM), 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.
    Pursuant to the Export-Import Bank Act of 1945, as amended, the 
Export-Import Bank of the United States (EXIM), facilitates the finance 
of the export of U.S. goods and services by providing insurance or 
guarantees to U.S. exporters or lenders financing U.S. exports. By 
neutralizing the effect of export credit insurance or guarantees 
offered by foreign governments and by absorbing credit risks that the 
private sector will not accept, EXIM enables U.S. exporters to compete 
fairly in foreign markets on the basis of price and product. In the 
event that a borrower defaults on a transaction insured or guaranteed 
by EXIM, the insured or guaranteed exporter or lender may seek payment 
from EXIM by the submission of a claim.

DATES: Comments must be received on or before December 22, 2017 to be 
assured of consideration.

ADDRESSES: Comments may be submitted electronically on 
WWW.REGULATIONS.GOV or by mail to Mia Johnson, Export-Import Bank of 
the United States, 811 Vermont Ave. NW., Washington, DC 20571. The 
information collection tool can be reviewed at: https://www.exim.gov/sites/default/files/pub/pending/eib10-05.pdf.

SUPPLEMENTARY INFORMATION: 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 guarantee. The Notice of 
Claim and Proof of Loss, Medium Term Guarantee is used to determine 
compliance with the terms of the guarantee and the appropriateness of 
paying a claim. EXIM customers are able to submit this form on paper or 
electronically.
    Title and Form Number: EIB 10-05 Notice of Claim and Proof of Loss, 
Medium Term Guarantee.
    OMB Number: 3048-0034.
    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 guarantee.
    Affected Public: This form affects entities involved in the export 
of U.S. goods and services.
    Annual Number of Respondents: 65.
    Estimated Time per Respondent: 1\1/2\ hours.
    Annual Burden Hours: 97.5 hours.
    Frequency of Reporting of Use: As needed to request a claim 
payment.
    Government Expenses:
    Reviewing time per year: 65 hours.
    Average Wages per Hour: $42.50.
    Average Cost per Year: $2,762 (time * wages).
    Benefits and Overhead: 20%.
    Total Government Cost: $3,315.

Bassam Doughman,
IT Specialist.
[FR Doc. 2017-22874 Filed 10-20-17; 8:45 am]
 BILLING CODE 6690-01-P