[Federal Register Volume 76, Number 59 (Monday, March 28, 2011)]
[Notices]
[Page 17164]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-6923]


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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 ways to minimize the reporting 
burden, including automated collection techniques and uses of other 
forms of technology. The proposed form under review, OPIC form-162, is 
summarized below, OMB-3420-0019.

DATES: Comments must be received by May 27, 2011.

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 Political Risk Insurance.
    Form Number: OPIC-162.
    Frequency of Use: Once per respondent.
    Type of Respondents: Business or other institution (except farms); 
individuals.
    Description of Affected Public: U.S. companies or citizens 
investing overseas.
    Reporting Hours: 6.5 hours per project.
    Number of Responses: 350 per year.
    Federal Cost: $35,000.
    Authority for Information Collection: Section 231 and 234(b) and 
(c) of the Foreign Assistance Act of 1961, as amended.
    Abstract (Needs and Uses): The OPIC form-162 is completed by the 
OPIC-assisted investors annually. The questionnaire allows OPIC to 
assess the effects of OPIC-assisted projects on the U. S. economy and 
employment, as well as on the environment and economic development 
abroad.

    Dated: March 18, 2011.
Nichole Cadiente,
Administrative Counsel, Department of Legal Affairs.
[FR Doc. 2011-6923 Filed 3-25-11; 8:45 am]
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