[Federal Register Volume 83, Number 42 (Friday, March 2, 2018)]
[Notices]
[Page 9032]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-04204]


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OVERSEAS PRIVATE INVESTMENT CORPORATION


Submission for OMB Review; Comments Request

AGENCY: Overseas Private Investment Corporation (OPIC).

ACTION: Notice and request for comments.

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SUMMARY: Under the provisions of the Paperwork Reduction Act, agencies 
are required to publish a Notice in the Federal Register notifying the 
public that the agency is modifying an existing information collection 
for OMB review and approval and requests public review and comment on 
the submission. OPIC received comments in response to the sixty (60) 
day notice and, pursuant to those comments, amended the instructions to 
OPIC-115 filers regarding the information to be provided in supporting 
documentation. The purpose of this notice is to allow an additional 
thirty (30) days for public comments to be submitted. Comments are 
being solicited on the need for the information; the accuracy of OPIC's 
burden estimate; the quality, practical utility, and clarity of the 
information to be collected; and ways to minimize reporting the burden, 
including automated collected techniques and uses of other forms of 
technology.

DATES: Comments must be received within thirty (30) calendar days of 
publication of this Notice.

ADDRESSES: Mail all comments and requests for copies of the subject 
form to OPIC's Agency Submitting Officer: James Bobbitt, Overseas 
Private Investment Corporation, 1100 New York Avenue NW, Washington, DC 
20527. See SUPPLEMENTARY INFORMATION for other information about 
filing.

FOR FURTHER INFORMATION CONTACT: OPIC Agency Submitting Officer: James 
Bobbitt, (202) 336-8558.

SUPPLEMENTARY INFORMATION: OPIC received comments in response to the 
sixty (60) day notice published in Federal Register volume 82 page 
58456 on December 12, 2017 and, pursuant to those comments, amended the 
instructions to OPIC-115 filers regarding the information to be 
provided in supporting documentation. All mailed comments and requests 
for copies of the subject form should include form number OPIC-115 on 
both the envelope and in the subject line of the letter. Electronic 
comments and requests for copies of the subject form may be sent to 
[email protected], subject line OPIC-115.

Summary Form Under Review

    Type of Request: Revision of a currently approved information 
collection.
    Title: Application for Project Finance.
    Form Number: OPIC-115.
    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. and foreign citizens investing 
in projects overseas.
    Reporting Hours: 330 hours (1.5 hours per form * 220 forms per 
year).
    Number of Responses: 220 per year.
    Federal Cost: $11,809.60 (1 hour per form * 220 forms per year * 
$53.68 (GS-14/1 DCB)).
    Authority for Information Collection: Sections 231, 234(b)-(c), 
239(d) and 240A of the Foreign Assistance Act of 1961, as amended.
    Abstract (Needs and Uses): The Application for Project Finance is 
the principal document used by OPIC to determine the investor's and the 
project's eligibility for project financing and collect information for 
financial underwriting analysis.

    Dated: February 26, 2018.
Nichole Skoyles,
Administrative Counsel, Department of Legal Affairs.
[FR Doc. 2018-04204 Filed 3-1-18; 8:45 am]
BILLING CODE 3210-01-P