[Federal Register Volume 69, Number 43 (Thursday, March 4, 2004)]
[Notices]
[Page 10273]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-4858]



[[Page 10273]]

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OVERSEAS PRIVATE INVESTMENT CORPORATION


Agency Report Form Under OMB Review

AGENCY: Overseas Private Investment Corporation (OPIC).

ACTION:  Request for comments.

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SUMMARY: Under the provision 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; the accuracy of the Agency's 
burden estimate; the quality, practical utility and clarity of the 
information to be collected; and on ways to minimize the reporting 
burden, including automated collection techniques and uses of other 
forms of technology. The proposed form, OMB control number 3420-0011, 
under review is summarized below.

DATES: Comments must be received within 60 calendar days of publication 
of this notice.

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: Bruce I. Campbell, Records 
Management Officer, Overseas Private Investment Corporation, 1100 New 
York Avenue, NW., Washington, DC 20527; (202) 336-8563.

Summary Form Under Review

    Type of Request: Revised form.
    Title: Application for Political Risk Investment Insurance.
    Form Number: OPIC-52.
    Frequency of Use: Once per investor per project.
    Type of Repondents: Business or other institution (except farms); 
individuals.
    Description of Affected Public: U.S. companies or citizens 
investing overseas.
    Reporting Hours: 7 hours per project.
    Number of Responses: 150 per year.
    Federal Cost: $28,350.
    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 is the principle 
document used by OPIC to determine the investor's and projects' 
eligibility for political risk insurance, assess the environmental 
impact and the developmental effects of the project, measure the 
economic effects for the U.S. and the host country economy, and collect 
information for the insurance underwriting analysis.

    Dated: March 1, 2004.
Eli Landy,
Senior Counsel, Administrative Affairs, Department of Legal Affairs.
[FR Doc. 04-4858 Filed 3-3-04; 8:45 am]
BILLING CODE 3210-01-M