[Federal Register Volume 63, Number 91 (Tuesday, May 12, 1998)]
[Notices]
[Page 26208]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-12592]


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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 July 13, 1998.

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: Carol 
Brock, Records Manager, Overseas Private Investment Corporation, 1100 
New York Avenue, N.W., Washington, D.C. 20527; 202/336-8563.

Summary of Form Under Review

    Type of Request: Revised form.
    Title: Project Information Report.
    Form Number: OPIC-71.
    Frequency of Use: On occasion; a function of the sampling criteria. 
Maximum use is once per investor per contract.
    Type of Respondents: Business or other institutions (except farms).
    Standard Industrial Classification Codes: All.
    Description of Affected Public: U.S. companies investing overseas.
    Reporting Hours: 7 hours per project.
    Number of Responses: 25 per year.
    Federal Cost: $1,600 per year.
    Authority for Information Collection: Title 22 USC 2191(k)(2) and 
2199(h), Foreign Assistance Act of 1961, as amended.
    Abstract (Needs and Uses): The Project Information Report is 
necessary to elicit and record the information on the developmental, 
environmental and U.S. economic effects of OPIC-assisted projects. The 
information will be used by OPIC's staff and management solely as a 
basis for monitoring these projects, and reporting the results in 
aggregate form, as required by Congress.

    Dated: May 7, 1998.
James R. Offutt,
Assistant General Counsel, Department of Legal Affairs.
[FR Doc. 98-12592 Filed 5-11-98; 8:45 am]
BILLING CODE 3210-01-M