[Federal Register Volume 62, Number 169 (Tuesday, September 2, 1997)]
[Notices]
[Pages 46372-46373]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-23137]


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INTERNATIONAL DEVELOPMENT COOPERATION AGENCY

Overseas Private Investment Corporation


Submission for OMB Review; Comment Request

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 publish a Notice in the Federal 
Register notifying the public that the Agency is preparing an 
information collection request for OMB review and approval and to 
request public review and comment on the submission. Comments are being 
solicited on the need for the information, its practical utility, the 
accuracy of the Agency's burden estimate, and on ways to minimize the 
reporting burden, including automated collection techniques and uses of 
other forms of technology. The proposed form under review is summarized 
below.

DATES: Comments must be received on or before November 3, 1997.

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

FOR FURTHER INFORMATION CONTACT:
    OPIC Agency Submitting Officer: Lena Paulsen, Manager, Information 
Center, Overseas Private Investment Corporation, 1100 New York Avenue, 
N.W., Washington, D.C. 20527; 202/336-8565.

SUMMARY OF FORM UNDER REVIEW: 

    Type of Request: Revised form.
    Title: Application for Political Risk Investment Insurance--
Contractors and Exporters Program.
    Form Number: OPIC-81.

[[Page 46373]]

    Frequency of Use: Once per investor per project.
    Type of Respondents: Business or other institutions (except farms); 
individuals.
    Standard Industrial Classification Codes: All.
    Description of Affected Public: U.S. companies or citizens 
investing overseas.
    Reporting Hours: 4 hours per project.
    Number of Responses: 15 per year.
    Federal Cost: $300 per year.
    Authority for Information Collection: Sections 231, 234(a), 239(d), 
and 240A of the Foreign Assistance Act of 1961, as amended.
    Abstract (Needs and Uses): The application for the contractors and 
exporters program is the principal document used by OPIC to determine 
the investor's and project's eligibility, assess the environmental 
impact and developmental effects of the project, measure the economic 
effects for the United States and the host country economy, and collect 
information for underwriting analysis.

    Dated: August 26, 1997.
James R. Offutt,
Assistant General Counsel, Department of Legal Affairs.
[FR Doc. 97-23137 Filed 8-29-97; 8:45 am]
BILLING CODE 3210-01-M