[Federal Register Volume 76, Number 125 (Wednesday, June 29, 2011)]
[Notices]
[Page 38220]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-16155]


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OVERSEAS PRIVATE INVESTMENT CORPORATION


Submission for OMB Review

AGENCY: Overseas Private Investment Corporation (OPIC).

ACTION: Request for approval.

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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 for OMB review and approval.

DATES: This 30-day notice is to inform the public, that this collection 
is being submitted to OMB for approval.

ADDRESSES: Copies of the subject form may be obtained from the Agency 
submitting officer.

FOR FURTHER INFORMATION CONTACT: OPIC Agency Submitting Officer: Essie 
Bryant, Record Manager, Overseas Private Investment Corporation, 1100 
New York Avenue, NW., Washington, DC 20527; (202) 336-8563.

Summary Form Under Review

    Type of Request: New form.
    Title: Short--Form 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 Codes: All.
    Description of Affected Public: U.S. companies or citizens 
investing overseas.
    Reporting Hours: 2 hours per project.
    Number of Responses: 50 per year.
    Federal Cost: $5,000.
    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 document used by 
OPIC to determine the investor's and the project's eligibility for 
political risk insurance when used in conjunction with a completed 
application for OPIC financing.

    Dated: June 23, 2011.
Nicole Cadiente
Administrative Counsel, Department of Legal Affairs.
[FR Doc. 2011-16155 Filed 6-28-11; 8:45 am]
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