[Federal Register Volume 63, Number 115 (Tuesday, June 16, 1998)]
[Notices]
[Page 32896]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-15922]


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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 August 17, 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, NW., Washington, 
DC 20527; 202/336-8563.

summary of form under review

    Type of Request: Reinstatement, without change, of a previously 
approved collection for which approval is expiring.
    Title: Application for Financing.
    Form Number: OPIC-115.
    Frequency of Use: Once per investor per project.
    Type of Respondents: Business or other institutions; individuals.
    Standard Industrial Classification Codes: All.
    Description of Affected Public: U.S. companies or citizens 
investing overseas.
    Reporting Hours: 3 hours per project.
    Number of Responses: 300 per year.
    Federal Cost: $14,796 per year.
    Authority for Information Collection: Sections 231 and 234(b) and 
(c) of the Foreign Assistance Act of 1961, as amended.
    Abstract (Needs and Uses): The application 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: June 10, 1998.
James R. Offutt,
Assistant General Counsel, Department of Legal Affairs.
[FR Doc. 98-15922 Filed 6-15-98; 8:45 am]
BILLING CODE 3210-01-M