Agency Information Collection Activities: Comment Request; Form Title: EIB 12-01 Medium-Term Master Guarantee Agreement Disbursement Approval Request
Primary source
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Issuing agencies
Abstract
The Export-Import Bank of the United States (EXIM 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. EXIM Bank has an electronic disbursement approval processing system for guaranteed lenders with transactions documented under Medium-Term Master Guarantee Agreements. After an export transaction has been authorized by EXIM Bank and legal documentation has been completed, the lender will obtain and review the required disbursement documents (e.g., invoices, bills of lading, Exporter's Certificate, etc.) and will disburse the proceeds of the loan for eligible goods and services. In order to obtain approval of the disbursement, the lender will access and complete an electronic questionnaire through EXIM Bank's online application system (EXIM Online). Using the form, the lender will input key data and request EXIM Bank's approval of the disbursement. EXIM Bank's action (approved or denied) is posted on the lender's history page. The information collected in the questionnaire will assist EXIM Bank in determining that each disbursement under a Medium-Term Guarantee meets all the terms and conditions for approval. The information collection tool can be reviewed at: http://exim.gov/sites/default/files/pub/pending/eib12- 01.pdf.
Full Text
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<title>Federal Register, Volume 87 Issue 198 (Friday, October 14, 2022)</title>
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[Federal Register Volume 87, Number 198 (Friday, October 14, 2022)]
[Notices]
[Pages 62407-62408]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-22328]
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EXPORT-IMPORT BANK
[Public Notice: 2022-3029]
Agency Information Collection Activities: Comment Request; Form
Title: EIB 12-01 Medium-Term Master Guarantee Agreement Disbursement
Approval 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 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
[[Page 62408]]
proposed information collection, as required by the Paperwork Reduction
Act of 1995. EXIM Bank has an electronic disbursement approval
processing system for guaranteed lenders with transactions documented
under Medium-Term Master Guarantee Agreements. After an export
transaction has been authorized by EXIM Bank and legal documentation
has been completed, the lender will obtain and review the required
disbursement documents (e.g., invoices, bills of lading, Exporter's
Certificate, etc.) and will disburse the proceeds of the loan for
eligible goods and services. In order to obtain approval of the
disbursement, the lender will access and complete an electronic
questionnaire through EXIM Bank's online application system (EXIM
Online). Using the form, the lender will input key data and request
EXIM Bank's approval of the disbursement. EXIM Bank's action (approved
or denied) is posted on the lender's history page. The information
collected in the questionnaire will assist EXIM Bank in determining
that each disbursement under a Medium-Term Guarantee meets all the
terms and conditions for approval. The information collection tool can
be reviewed at: <a href="http://exim.gov/sites/default/files/pub/pending/eib12-01.pdf">http://exim.gov/sites/default/files/pub/pending/eib12-01.pdf</a>.
DATES: Comments must be received on or before November 14, 2022 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 3048-0049.
SUPPLEMENTARY INFORMATION:
Title and Form Number: EIB 12-01 Medium-Term Master Guarantee
Agreement Disbursement Approval Request.
OMB Number: 3048-0049.
Type of Review: Regular.
Need and Use: The information requested enables EXIM Bank to
determine that a disbursement under a Medium-Term Guarantee meets all
of the terms and conditions for approval.
Affected Public:
This form affects lenders involved in the financing of U.S. goods
and services exports.
Annual Number of Respondents: 150.
Estimated Time per Respondent: 30 minutes.
Annual Burden Hours: 75 hours.
Frequency of Reporting of Use: Annual.
Government Expenses:
Reviewing time per year: 38 hours.
Average Wages per Hour: $42.50.
Average Cost per Year: $1,615.00 (time*wages).
Benefits and Overhead: 20%.
Total Government Cost: $1,938.
Andy Chang,
Director, IT Records Management.
[FR Doc. 2022-22328 Filed 10-13-22; 8:45 am]
BILLING CODE 6690-01-P
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