[Federal Register Volume 85, Number 198 (Tuesday, October 13, 2020)]
[Notices]
[Pages 64459-64460]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-22485]


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EXPORT-IMPORT BANK

[Public Notice: 2020-6003]


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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SUMMARY: The Export-Import Bank of the United States (Ex-Im 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 December 14, 2020 to be 
assured of consideration.

ADDRESSES: Comments may be submitted electronically on 
WWW.REGULATIONS.GOV or by mail to Donna Schneider, Export-Import

[[Page 64460]]

Bank of the United States, 811 Vermont Ave. NW, Washington, DC 20571.

SUPPLEMENTARY INFORMATION: By neutralizing the effect of export credit 
support offered by foreign governments and by absorbing credit risks 
that the private sector will not accept, Ex-Im Bank enables U.S. 
exporters to compete fairly in foreign markets on the basis of price 
and product. Under the Working Capital Guarantee Program, Ex-Im Bank 
provides repayment guarantees to lenders on secured, short-term working 
capital loans made to qualified exporters. The guarantee may be 
approved for a single loan or a revolving line of credit. In the event 
that a borrower defaults on a transaction guaranteed by Ex-Im Bank the 
guaranteed lender may seek payment by the submission of a claim.
    This collection of information is necessary, pursuant to12 U.S.C. 
635 (a)(1), to determine if such claim complies with the terms and 
conditions of the relevant working capital guarantee. The Notice of 
Claim and Proof of Loss, Working Capital Guarantee is used to determine 
compliance with the terms of the guarantee and the appropriateness of 
paying a claim. Export-Import Bank customers are able to submit this 
form on paper or electronically.
    The information collection tool can be reviewed at: https://www.exim.gov/sites/default/files/pub/pending/eib10-04.pdf.
    Title and Form Number: EIB 10-04 Notice of Claim and Proof of Loss, 
Working Capital Guarantee.
    OMB Number: 3048-0035.
    Type of Review: Regular.
    Need and Use: This collection of information is necessary, pursuant 
to 12 U.S.C. 635(a)(1), to determine if such claim complies with the 
terms and conditions of the relevant guarantee.
    Affected Public:
    This form affects entities involved in the export of U.S. goods and 
services.
    Annual Number of Respondents: 17.
    Estimated Time per Respondent: 1 hour.
    Annual Burden Hours: 17 hours.
    Frequency of Reporting of Use: As needed to request a claim 
payment.
    Government Expenses:
    Reviewing time per year: 17 hours.
    Average Wages per Hour: $42.50.
    Average Cost per Year (time*wages): $722.50.
    Benefits and Overhead: 20%.
    Total Government Cost: $867.

Bassam Doughman,
Project Manager, Agency Clearance Officer, Office of the Chief 
Information Officer.
[FR Doc. 2020-22485 Filed 10-9-20; 8:45 am]
BILLING CODE 6690-01-P