Export-Import Bank of the U.S.
Submission for OMB Review and Comments Request.
Form Title: Application for Long Term Loan or Guarantee (EIB 95-10).
Export-Import (Ex-Im) Bank is requesting an emergency approval for form EIB 95-10 Application for Long Term Loan or Guarantee, OMB 3048-0013, because the Export Import Bank Reauthorization Act of 2012 has placed additional reporting requirements on the Bank.
By neutralizing the effect of export credit insurance and guarantees offered by foreign governments and by absorbing credit risks that the private section will not accept, Ex-Im Bank enables U.S. exporters to compete fairly in foreign markets on the basis of price and product. This collection of information is necessary, pursuant to 12 U.S.C. 635(a)(1), to determine eligibility of the applicant for Ex-Im Bank Assistance.
The collection will provide information needed to determine compliance and creditworthiness for transaction requests submitted to Ex-Im Bank under its long-term guarantee and direct loan programs. The form is currently used to make a credit decision on approximately 85 export transactions per year in divisions dealing with aircraft, structured finance, and trade finance.
The application can be viewed at www.exim.gov/pub/pending/eib95-10.pdf.
Comments should be received on or before April 22, 2013 to be assured of consideration.
Comments may be submitted electronically on www.regulations.gov or by mail to Office of Management and Budget, Office of Information and Regulatory Affairs, 725 17th Street NW., Washington, DC 20038 attn: OMB-3048-0013.
Start Supplemental Information
Titles and Form Number: EIB 95-10 Application for Long Term Loan or Guarantee.
OMB Number: 3048-0013.
Type of Review: Regular.
Need and Use: The information collected will provide information needed to determine compliance and creditworthiness for transaction requests submitted to the Export Import Bank under its long term guarantee and direct loan programs.
Affected Public: This form affects entities involved in the export of U.S. goods and services.
Annual Number of Respondents: 84.
Estimated Time per Respondent: 1.5 hours.
Government Annual Burden Hours: 2,100.
Frequency of Reporting or Use: Yearly.
Total Cost to the Government: $81,312.
End Supplemental Information
Sharon A. Whitt,
Agency Clearance Officer.
[FR Doc. 2013-06560 Filed 3-21-13; 8:45 am]
BILLING CODE 6690-01-P