[Federal Register Volume 64, Number 43 (Friday, March 5, 1999)]
[Notices]
[Pages 10721-10722]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-5467]


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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. At OPIC's request, 
the Office of Management and Budget (OMB) is reviewing this information 
collection for emergency processing for 90 days, under OMB control 
number 3420-0024.
    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 May 4, 1999.

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: New form.
    Title: Client Year 2000 Program Assessment Checklist.
    Form Number: OPIC-230
    Frequency of Use: Once per project.
    Type of Respondents: Business or other institutions (except farms).
    Standard Industrial Classification Codes: All.
    Description of Affected Public: U.S. companies or citizens 
investing overseas.
    Reporting Hours: 1 hour per project.
    Number of Responses: 500 per year.
    Federal Cost: $5,000 per year.
    Authority for Information Collection: Year 2000 Information and 
Readiness Disclosure Act of 1998.
    Abstract (Needs and Uses): OPIC is surveying its clients to 
determine their status on addressing Year 2000 issues to ensure that 
OPIC's clients will be able to continue to make payments of premiums, 
principal, interest, and fees due to OPIC. The continued flow of these 
payments helps OPIC to ensure a positive cash flow and maintains its 
position as a self-sustaining agency.


[[Page 10722]]


    Dated: March 2, 1999.
James R. Offutt,
Assistant General Counsel, Department of Legal Affairs.
[FR Doc. 99-5467 Filed 3-4-99; 8:45 am]
BILLING CODE 3210-01-M