[Federal Register Volume 85, Number 44 (Thursday, March 5, 2020)]
[Notices]
[Pages 12921-12922]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-04505]


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EXPORT-IMPORT BANK

[Public Notice 2020-3001]


Agency Information Collection Activities: Comment Request

AGENCY: Export-Import Bank of the United States.

ACTION: Submission for OMB review and comments request.

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    Form Title: EIB 84-01 Joint Application for Export Working Capital 
Guarantee.
SUMMARY: The Export-Import Bank of the United States (EXIM Bank), as 
part of its continuing effort to reduce paperwork and respondent 
burden, invites the general public and other Federal Agencies to 
comment on the proposed information collection, as required by the 
Paperwork Reduction Act of 1995.

DATES: Comments must be received on or before April 6, 2020, 2020 to be 
assured of consideration.

ADDRESSES: Comments may be submitted electronically on 
WWW.REGULATIONS.GOV or by mail to Office of Information and Regulatory 
Affairs, 725 17th Street NW, Washington, DC 20038, Attn: OMB 3048-0003.

SUPPLEMENTARY INFORMATION: The Export-Import Bank has made changes to 
the form to reflect an application process decoupled from the SBA's 
export working capital program. EXIM will also be moving forward to an 
electronic application submission process, which results in a stand-
alone application versus the previous joint application with the SBA. 
Therefore, all references and information previously required from the 
SBA have been removed. There is one material change in the application 
to reflect EXIM's local cost support on short-term transactions, 
including working capital. Local costs are costs incurred in the 
buyer's country (i.e., local delivery, installation, taxes), eligible 
for EXIM cover, provided that: U.S. content requirements are met; 
included within the contracts; do not exceed 15% of export contract; 
and no local goods are included. Therefore, three questions are added 
to the application: Are local costs to be included under the working 
capital loan facility; if yes, how much in terms of USD or percentage 
per contract or invoice; and what is the nature of the local costs to 
be supported?
    The application tool can be reviewed at: https://www.exim.gov/sites/default/files/pub/pending/eib84-01.pdf.
    Title and Form Number: EIB 84-01 Application for Export Working 
Capital Guarantee.
    OMB Number: 3048-0003.
    Type of Review: Renewal.
    Need and Use: This form provides EXIM Bank staff with the 
information necessary to determine if the application and transaction 
is eligible for EXIM Bank assistance under their export working capital 
guarantee program.

[[Page 12922]]

    Affected Public: This form affects entities involved in the export 
of U.S. goods and services.

EXIM Bank

    Annual Number of Respondents: 200.
    Estimated Time per Respondent: 2 hours.
    Annual Burden Hours: 400 hours.
    Frequency of Reporting of Use: Annually.
    Government Expenses:

EXIM Bank

    Reviewing time per year: 300 hours.
    Average Wages per Hour: $42.50.
    Average Cost per Year (time * wages): $12,750.00.
    Benefits and Overhead: 20%.
    Total Government Cost: $15,300.00.

Bassam Doughman,
IT Project Manager, Office of the Chief Information Officer.
[FR Doc. 2020-04505 Filed 3-4-20; 8:45 am]
BILLING CODE 6690-01-P