[Federal Register Volume 69, Number 89 (Friday, May 7, 2004)]
[Notices]
[Page 25617]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-10415]


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OVERSEAS PRIVATE INVESTMENT CORPORATION


Submission for OMB Review; Comment Request

AGENCY: Overseas Private Investment Corporation.

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. OPIC published its 
first Federal Register Notice on this information collection request on 
March 4, 2004, in Vol. 69, No. 43 FR 10273, at which time a 60-day 
comment period was announced. This comment period ended May 3, 2004. No 
comments were received in response to this notice.
    This information collection submission has now been submitted to 
OMB for review. Comments are again 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 30 calendar days 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 OMB 
Reviewer.

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.
    OMB Reviewer: David Rostker, Office of Information and Regulatory 
Affairs, Office of Management and Budget, New Executive Office 
Building, Docket Library, Room 10102, 725 17th Street, NW., Washington, 
DC 20503; (202) 395-3897.
    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 Respondents: 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: May 4, 2004.
Eli Landy,
Senior Counsel, Administrative Affairs, Department of Legal Affairs.
[FR Doc. 04-10415 Filed 5-6-04; 8:45 am]
BILLING CODE 3210-01-M