[Federal Register Volume 76, Number 59 (Monday, March 28, 2011)]
[Notices]
[Pages 17163-17164]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-6928]


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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 247, is 
summarized below: this is a new collection.

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: New Form.
    Title: Application for Political Risk Insurance.
    Form Number: OPIC-247.
    Frequency of Use: Once per investor per project.
    Type of Respondents: Business or other institution (except farms); 
individuals.
    Standard Industrial Classification Code: All.
    Description of Affected Public: U.S. companies or citizens 
investing overseas.

[[Page 17164]]

    Reporting Hours: 2 hours per project.
    Number of Responses: 50 per year.
    Federal Cost: $5,000.
    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-247 is the document used 
by OPIC to determine investor's and project eligibility for political 
risk insurance when used in conjunction with a complete application for 
OPIC financing.

    Dated: March 18, 2011.
Nichole Cadiente,
Administrative Counsel, Department of Legal Affairs.
[FR Doc. 2011-6928 Filed 3-25-11; 8:45 am]
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