Overseas Private Investment Corporation (OPIC).
Request for approval.
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.
This 60 day notice is to inform the public, that this collection is being submitted to OMB for approval.
Copies of the subject form may be obtained from the Agency submitting officer.
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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: Personal Financial Statement.
Form Number: OPIC-254.
Frequency of Use: Up front—one per individual investor/guarantor per project.
Type of Respondents: Individuals.
Standard Industrial Classification Codes: N/A.
Description of Affected Public: U.S. and foreign citizens investing in projects overseas.
Reporting Hours: 75 hours (1 hour per response).
Number of Responses: 75 per year.
Federal Cost: $3,819.
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 personal financial statement is supporting documentation to the OPIC application for financing (OPIC-115). The information provided is used by OPIC to determine if individuals who are providing equity investment in or credit support to a project have sufficient financial wherewithal to meet their expected obligations under the proposed terms of the OPIC financing.
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Dated: August 22, 2014.
Administrative Counsel, Administrative Affairs, Department of Legal Affairs.
[FR Doc. 2014-20442 Filed 8-27-14; 8:45 am]
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