[Federal Register: June 15, 2006 (Volume 71, Number 115)]
[Notices]               
[Page 34616-34617]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr15jn06-34]                         

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EXPORT-IMPORT BANK

[Public Notice 88]

 
Agency Information Collection Activities: Submission for OMB 
Review; Comment Request

AGENCY: Export Import Bank of the U.S.

ACTION:  Notice and request for comments.

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SUMMARY: The Export-Import Bank, as a 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. Our 
customers will be able to submit this form on paper or electronically. 
The form has been updated in the following ways:
     The application now accommodates requests for Finance 
Lease Guarantee coverage. Information on Lessees and Lessors is 
requested in those circumstances.
     The application accommodates requests for Foreign Dealer 
Insurance policies. A separate one-page attachment (Attachment IV) is 
required when the applicant requests this coverage.
     The format has been changed so that it accords with the 
on-line version of the form which will be made available later in 2006. 
Formatting changes include:

--The names of the applicant and broker have been moved up to the first 
item.
--Section 1 has been relabeled ``General Questions'' instead of 
``Financing Type Requested''.
--Requests for Special Coverages have been moved up in front of the 
Participants section.

     Information about a new participant, the agent, is now 
requested. Gathering this information helps Ex-Im Bank evaluate the 
creditworthiness of the transaction.
     Legal certifications have been updated.
    Additional changes since we published the form in the Federal 
Register on April 7, 2006:
     Section 8 D. ``Commitment Fee/Facility Fee Agreement 
(Guarantees and Credit Guarantee Facilities only)'' has been added. 
This section was omitted in error from the previous submission but is 
currently asked on the existing version of the medium-term application 
form currently approved by OMB and posted on Ex-Im Bank's Web site. It 
does not represent a new question for customers.
     Attachment VI, Form of Fee letter has been added. This 
attachment provides a template fee letter that needs to be filled out 
and signed by the borrower in the following circumstances:

--The application is for a guarantee or a credit guarantee facility;
--The applicant is the guaranteed lender or the exporter, and
--The applicant is signing the application but the borrower is 
committing to pay the commitment or facility fee.

    This is not a new letter but a more clear presentation of an 
existing requirement.

DATES: Written comments should be received on or before July 17, 2006 
to be assured of consideration.

ADDRESSES: Please direct all comments to David Rostker, Office of 
Management and Budget, Office of Information And Regulatory Affairs, 
NEOB, Room 10202, Washington, DC 20503, (202) 395-5897. Direct requests 
for additional information to Angela Beckham, Export-Import Bank of the 
U.S., 811 Vermont Avenue, NW., Washington, DC 20571, (800) 565-3946, 
extension 3418. For copies of the proposed form, please direct your 
request to Solomon Bush, Export-Import Bank of the U.S., 811 Vermont 
Avenue, NW., Washington, DC 20571, (800) 565-3946, extension 3353. A 
copy of the form is posted on our Web site at: http://www.exim.gov/pub/pdf/eib03-02_prop.pdf
.


SUPPLEMENTARY INFORMATION:


[[Page 34617]]

    Title and Form Number: Application for Medium-term Insurance or 
Guarantee, EIB-03-02.
    OMB Number: 3048-0014.
    Type of Review: Regular.
    Need and Use: The information requested enables the applicant to 
provide Ex-Im Bank with the information necessary to obtain 
legislatively required assurance of repayment and fulfills other 
statutory requirements.
    Affected Public: The form affects entities involved in the export 
of U.S. goods and services.
    Estimated Annual Respondents: 800.
    Estimated Time per Respondent: 1.5 hours.
    Estimated Annual Burden: 1200 hours.
    Frequency of Reporting or Use: As needed, each time an applicant 
seeks medium-term insurance or guarantee.

    Dated: June 8, 2006.
Solomon Bush,
Agency Clearance Officer.
[FR Doc. 06-5376 Filed 6-14-06; 8:45 am]

BILLING CODE 6690-01-M