[Federal Register Volume 72, Number 162 (Wednesday, August 22, 2007)]
[Notices]
[Pages 47084-47085]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 07-4102]


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OVERSEAS PRIVATE INVESTMENT CORPORATION


Submission of OMB Review; Comments Request

AGENCY: Overseas Private Investment Corporation (OPIC).

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 has prepared an 
information collection request for OMB review and approval and has 
requested 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 under review, OMB control number 
3420-0015, is summarized below.

DATES: Comments must be received within 30 calendar-days of publication 
of this Notice. (The 60-day notice was posted on June 19, 2007, Vol. 
72, No. 117.)

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: Agency Submitting Officer: Essie 
Bryant, Records Management Officer, Overseas Private Investment 
Corporation, 1100 New York Avenue, NW., Washington, DC 20527; (202) 
336-8563.

Summary of Form Under Review

    Type of Request: Revised Form.
    Title: Application for Financing.
    Form Number: OPIC-115.
    Frequency of Use: One 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: 3.15 hours per project.
    Number of Responses: 150 per year.
    Federal Cost: $21,975.
    Authority for Information Collection: Section 231 and 234(b) and 
(c) of the Foreign Assistance Act of 1961, as amended.

[[Page 47085]]

    Abstract (Needs and Uses): The OPIC 115 form is the principal 
document used by OPIC to determine the investor's and the project's 
eligibility for debt financing, 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 and worker rights analysis.

    Dated: August 15, 2007.
John Crowley, III,
Senior Administrative Counsel, Department of Legal Affairs.
[FR Doc. 07-4102 Filed 8-21-07; 8:45 am]
BILLING CODE 3210-07-M