[Federal Register Volume 59, Number 156 (Monday, August 15, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-19859]


[[Page Unknown]]

[Federal Register: August 15, 1994]


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INTERNATIONAL DEVELOPMENT COOPERATION AGENCY
 

Agency Report Form Under OMB Review

AGENCY: Overseas Private Investment Corporation, IDCA.

ACTION: Request for comments.

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SUMMARY: Under the provisions of the Paperwork Reduction Act (44 U.S.C. 
Chapter 35), agencies are required to submit information collection 
requests to OMB for review and approval, and to publish a notice in the 
Federal Register notifying the public that the Agency has made such a 
submission. The proposed form under review is summarized below.

DATES: Comments must be received within 14 calendar days of this 
notice. If you anticipate commenting on the form but find that the time 
to prepare will prevent you from submitting comments promptly, you 
should advise the OMB Reviewer and the Agency Submitting Officer of 
your intent as early as possible.

ADDRESSES: Copies of the subject form and the request for review 
submitted to OMB may be obtained from the Agency Submitting Officer. 
Comments on the form should be submitted to the Agency Submitting 
Officer and the OMB Reviewer.

FOR FURTHER INFORMATION CONTACT:

OPIC Agency Submitting Officer

    Lena Paulsen, Manager, Information Center, Overseas Private 
Investment Corporation, 1100 New York Avenue NW., Washington, D.C. 
20527; 202/336-8565.

OMB Reviewer

    Jeff Hill, Office of Information and Regulatory Affairs, Office of 
Management and Budget, New Executive Office Building, Docket Library, 
Room 3201, Washington, D.C. 20503; 202/395-7340.

Summary of Form Under Review

    Type of Request: Extension.
    Title: Contractors and Exporters Program: Insurance Application 
Form.
    Form Number: OPIC 81.
    Frequency of Use: Once per investor per project.
    Type of Respondents: Business or other institutions.
    Standard Industrial Classification Codes: All
    Description of Affected Public: U.S. companies investing overseas.
    Reporting Hours: 2 hours per project.
    Number of Responses: 100 per year.
    Federal Cost: $1,000 per year.
    Authority for Information Collection: Section 234(a) of the Foreign 
Assistance Act of 1961, as amended.
    Abstract (Needs and Uses): Pursuant to OPIC's statute, OPIC must 
screen each applicant for contractors and exporters insurance to 
determine the eligibility of the investor, assess the political risks 
of the project, and calculate the economic and developmental effects of 
the project in the host country and in the U.S. The OPIC Form 81 
enables OPIC to collect this information in order to carry out 
Congress' mandate to manage the program prudently and to assure that no 
project is supported which has a significant adverse effect on U.S. 
employment.

    Dated: August 9, 1994.
James R. Offutt,
Assistant General Counsel, Department of Legal Affairs.
[FR Doc. 94-19859 Filed 8-12-94; 8:45 am]
BILLING CODE 3210-01-M