Notice2024-12935
Proposed Collection; Comment Request
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
June 13, 2024
Issuing agencies
Defense Department
Abstract
In compliance with the Paperwork Reduction Act of 1995, the Office of Strategic Capital (OSC) announces a proposed public information collection and seeks public comment on the provisions thereof. Comments are invited on: whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility; the accuracy of the agency's estimate of the burden of the proposed information collection; ways to enhance the quality, utility, and clarity of the information to be collected; and 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.
Full Text
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<title>Federal Register, Volume 89 Issue 115 (Thursday, June 13, 2024)</title>
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[Federal Register Volume 89, Number 115 (Thursday, June 13, 2024)]
[Notices]
[Pages 50303-50304]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-12935]
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DEPARTMENT OF DEFENSE
Office of the Secretary
[Docket ID: DoD-2024-OS-0064]
Proposed Collection; Comment Request
AGENCY: Office of the Under Secretary of Defense for Research and
Engineering (OUSD(R&E)), Department of Defense (DoD).
ACTION: 60-Day information collection notice.
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SUMMARY: In compliance with the Paperwork Reduction Act of 1995, the
Office of Strategic Capital (OSC) announces a proposed public
information collection and seeks public comment on the provisions
thereof. Comments are invited on: whether the proposed collection of
information is necessary for the proper performance of the functions of
the agency, including whether the information shall have practical
utility; the accuracy of the agency's estimate of the burden of the
proposed information collection; ways to enhance the quality, utility,
and clarity of the information to be collected; and 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.
DATES: Consideration will be given to all comments received by August
12, 2024.
ADDRESSES: You may submit comments, identified by docket number and
title, by any of the following methods:
Federal eRulemaking Portal: <a href="http://www.regulations.gov">http://www.regulations.gov</a>. Follow the
instructions for submitting comments.
Mail: Department of Defense, Office of the Assistant to the
Secretary of Defense for Privacy, Civil Liberties, and Transparency,
4800 Mark Center Drive, Mailbox #24, Suite 08D09, Alexandria, VA 22350-
1700.
Instructions: All submissions received must include the agency
name, docket number and title for this Federal Register document. The
general policy for comments and other submissions from members of the
public is to make these submissions available for public viewing on the
internet at <a href="http://www.regulations.gov">http://www.regulations.gov</a> as they are received without
change, including any personal identifiers or contact information.
[[Page 50304]]
FOR FURTHER INFORMATION CONTACT: To request more information on this
proposed information collection or to obtain a copy of the proposal and
associated collection instruments, please write to DoD Loan Program
Office (LPO), Office of Strategic Capital, 3030 Defense Pentagon,
Washington, DC 20301-3030, ATTN: David Vidal, Office of Strategic
Capital Director of Credit Programs, Tel. No.: 703-545-1903, Email:
<a href="/cdn-cgi/l/email-protection#c781a2a3a2b5a6abe995a2a0aeb4b3a2b5e989a8b3aea4a287a8b4a4e9aaaeab"><span class="__cf_email__" data-cfemail="84c2e1e0e1f6e5e8aad6e1e3edf7f0e1f6aacaebf0ede7e1c4ebf7e7aae9ede8">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Title; Associated Form; and OMB Number: DoD Loan Program Office
Application Part 1 and Part 2; OMB Control Number 0704-OSCL.
Needs and Uses: The Department of Defense Office of Strategic
Capital (OSC) was statutorily created in section 903 of the National
Defense Authorization Act, 2024 (Pub. L. 118-31). Section 903(b)
authorized the Secretary to establish a pilot program to make loans,
issue loan guarantees, and provide technical assistance to eligible
entities, as defined in the statute, that operate within defined
critical technology categories. Section 8140 of the Further
Consolidated Appropriations Act, 2024 appropriated funds to the OSC
pilot program to make loans and issue loan guarantees. That pilot
program is designated as the DoD Loan Program Office (DoD LPO).
Applications for such loans and loan guarantees will be divided in two
parts--a Part 1 and a Part 2. Application Part 1 will include basic
information about the applicant and project management, the project or
transaction for which the applicant seeks a loan, basic financial
information regarding the applicant, project or transaction sources and
uses of funds, and statutory eligibility criteria. Application Part 2
will go into more depth regarding the details of the project or
transaction, the applicant's finances, the applicant's management and
control, and any environmental issues that may apply. The information
collection is necessary and will be used for DoD LPO to first, in Part
1, assess the likelihood that a prospective borrower and a prospective
project or transaction meet the eligibility requirements for obtaining
a direct loan or loan guarantee from DoD LPO and to prioritize the Part
1 applications to determine which applications will be invited to
submit the Application Part 2. The Application Part 2 will be used to
complete a detailed underwriting review of all aspects of a prospective
borrower's loan application including eligibility, creditworthiness,
alignment with the OSC mission, and other credit, technical and legal
risks inherent in a specific project or transaction.
Affected Public: ``Eligible Entities'' as defined in 10 U.S.C.
149(e)(3)).
DoD LPO Application Part 1
Annual Burden Hours: 500.
Number of Respondents: 50.
Responses per Respondent: 1.
Annual Responses: 50.
Average Burden per Response: 10 hours.
DoD LPO Application Part 2
Annual Burden Hours: 350.
Number of Respondents: 10.
Responses per Respondent: 1.
Annual Responses: 10.
Average Burden per Response: 35 hours.
Total
Annual Burden Hours: 850.
Number of Respondents: 60.
Annual Responses: 60.
Frequency: On occasion.
Dated: May 30, 2024.
Aaron T. Siegel,
Alternate OSD Federal Register Liaison Officer, Department of Defense.
[FR Doc. 2024-12935 Filed 6-12-24; 8:45 am]
BILLING CODE 6001-FR-P
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