AGENCY:
U.S. International Development Finance Corporation (DFC).
ACTION:
Notice of information collection; request for comment.
SUMMARY:
Under the provisions of the Paperwork Reduction Act, agencies are required to publish a Notice in the Federal Register notifying the public that the agency is renewing existing information collections for OMB review and approval and requests public review and comment on the submission. Comments are being solicited on the need for the information; the accuracy of the burden estimate; the quality, practical utility, and clarity of the information to be collected; and ways to minimize reporting the burden, including automated collected techniques and uses of other forms of technology.
DATES:
Comments must be received by July 18, 2022.
ADDRESSES:
Comments and requests for copies of the subject information collection may be sent by any of the following methods:
• Mail: Deborah Papadopoulos, Agency Submitting Officer, U.S. International Development Finance Corporation, 1100 New York Avenue NW, Washington, DC 20527.
• Email: fedreg@dfc.gov.
Instructions: All submissions received must include the agency name and agency form number or OMB form number for the referenced information collection(s). Electronic submissions must include the agency form number in the subject line to ensure proper routing. Please note that all written comments received in response to this notice will be considered public records.
FOR FURTHER INFORMATION CONTACT:
Agency Submitting Officer: Deborah Papadopoulos, (202) 357-3979.
SUPPLEMENTARY INFORMATION:
This notice informs the public that DFC will submit to OMB a request for approval of the following information collections.
Summary Forms Under Review
Title of Collection: Application for Finance. Application for Direct Equity Investment.
Type of Review: Extension without change of a currently approved information collection.
Agency Form Number: DFC-001A, DFC-001B.
OMB Form Number: 3015-0004.
Frequency: Once per investor per project.
Affected Public: Business or other for-profit; not-for-profit institutions; individuals.
Total Estimated Number of Annual Number of Respondents: 320.
Estimated Time per Respondent: 1.5 hours.
Total Estimated Number of Annual Burden Hours: 480 hours.
Abstract: The Application for Finance will be the principal document used by DFC to determine the proposed transaction's eligibility for debt financing and will collect information for financial underwriting analysis. The Application for Direct Equity Investment will collect information for direct equity applications.
Title of Collection: Request for Registration for Political Risk Insurance.
Type of Review: Extension without change of a currently approved information collection.
Agency Form Number: DFC-002.
OMB Form Number: 3015-0008.
Frequency: Once per investor per project.
Affected Public: Business or other for-profit; not-for-profit institutions; individuals.
Total Estimated Number of Annual Number of Respondents: 220.
Estimated Time per Respondent: 30 minutes.
Total Estimated Number of Annual Burden Hours: 110 hours.
Abstract: The Request for Registration for Political Risk Insurance will be the initial document used by DFC to determine the investors' and the project's eligibility for political risk insurance coverage.
Title of Collection: Application for Political Risk Insurance.
Type of Review: Extension without change of a currently approved information collection.
Agency Form Number: DFC-003.
OMB Form Number: 3015-0003.
Frequency: Once per investor per project.
Affected Public: Business or other for-profit; not-for-profit institutions; individuals.
Total Estimated Number of Annual Number of Respondents: 220.
Estimated Time per Respondent: 1.5 hours.
Total Estimated Number of Annual Burden Hours: 330 hours.
Abstract: The Application for Political Risk Insurance will be the principal document used by DFC to determine the investors' and the project's eligibility for political risk insurance coverage.
Title of Collection: Investment Funds Application.
Type of Review: Extension without change of a currently approved information collection.
Agency Form Number: DFC-004.
OMB Form Number: 3015-0006.
Frequency: Once per investor per project.
Affected Public: Business or other for-profit; not-for-profit institutions; individuals.
Total Estimated Number of Annual Number of Respondents: 150.
Estimated Time per Respondent: 1 hours.
Total Estimated Number of Annual Burden Hours: 300 hours.
Abstract: The Investment Funds Application will be the principal document used by the agency to determine the investor's and the project's eligibility for funding and will collect information for underwriting analysis.
Title of Collection: Personal Financial Statement.
Type of Review: Extension without change of a currently approved information collection.
Agency Form Number: DFC-005.
OMB Form Number: 3015-0007.
Frequency: Once per investor per project.
Affected Public: Individuals.
Total Estimated Number of Annual Number of Respondents: 75.
Estimated Time per Respondent: 1 hour.
Total Estimated Number of Annual Burden Hours: 75 hours.
Abstract: The Personal Financial Statement will be used by the agency to determine if individuals who are providing equity investment in or credit support to a proposed transaction have sufficient financial wherewithal to meet their expected obligations under the proposed terms of the agency's financing.
Title of Collection: Personal Identification Form.
Type of Review: Extension without change of a currently approved information collection.
Agency Form Number: DFC-006.
OMB Form Number: 3015-0010.
Frequency: Once per party per project.
Affected Public: Business or other for-profit; not-for-profit institutions; individuals.
Total Estimated Number of Annual Number of Respondents: 975.
Estimated Time per Respondent: 1 hour.
Total Estimated Number of Annual Burden Hours: 975 hours.
Abstract: The Personal Identification Form will used by the agency in its Know Your Customer procedures. The agency will perform a robust due diligence review on each party that has a significant relationship to the projects the agency supports, and this collection is one aspect of that review.
Dated: May 13, 2022.
Nichole Skoyles,
Administrative Counsel, Office of the General Counsel.
[FR Doc. 2022-10704 Filed 5-17-22; 8:45 am]
BILLING CODE 3210-01-P