Export-Import Bank of the United States Short-Term Multi-Buyer Export Credit Insurance Policy Application

Forms and Documents

Document Name	Status
Form EIB 92-50 Short-Term Multi-Buyer Export Credit Insurance Policy Application Form and Instruction	Modified
Supporting Statement EIB 92-50 Nov 2024.docx Supporting Statement A	2024-12-17

IC Document Collections

IC ID	Document Title	Status
179502	Short-Term Multi-Buyer Export Credit Insurance Policy Application Form and Instruction	Modified

ICR Details

OMB Control No: 3048-0023	ICR Reference No: 202412-3048-007
Status: Received in OIRA	Previous ICR Reference No: 202111-3048-005
Agency/Subagency: EXIMBANK	Agency Tracking No: EIB 92-50
Title: Export-Import Bank of the United States Short-Term Multi-Buyer Export Credit Insurance Policy Application
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 12/17/2024

	Requested	Previously Approved
Expiration Date	36 Months From Approved	01/31/2025
Responses	250	285
Time Burden (Hours)	125	143
Cost Burden (Dollars)	0	0

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Abstract: The Export Import Bank of the United States, pursuant to the Export Import Bank Act of 1945, as amended (12 USC 635, et.seq.), facilitates the finance of the export of U.S. goods and services. The "Short Term Multi-Buyer Export credit Insurance Application" form will be used by entities involved in the export of US goods and services, to provide EXIM Bank with the information necessary to obtain legislatively required assurance of repayment and fulfill other statutory requirements. The Application for Short-Term Multi-Buyer Export Credit Insurance Policy has been and will be used to determine the eligibility of the applicant and the transaction for Export-Import Bank assistance under its insurance program. Export-Import Bank customers will be able to submit this form on paper or electronically. EXIM is requesting the collection of information due to added Section 403 of the EXIM Charter.

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Authorizing Statute(s): US Code: 12 USC 635 et seq. Name of Law: Export-Import Bank Act of 1935, as amended
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	89 FR 76471	09/18/2024
30-day Notice:	Federal Register Citation:	Citation Date:
	89 FR 96652	12/05/2024
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Short-Term Multi-Buyer Export Credit Insurance Policy Application	EIB 92-50	Application for Short-Term Multi-Buyer Export Credit Insurance Policy

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ICR Summary of Burden

	Total Request	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	250	285	0	-35	0	0
Annual Time Burden (Hours)	125	143	0	-18	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Miscellaneous Actions

Short Statement: The burden estimate has decreased due to decreased number of projected annual number of responses. The responses are projected based on EXIM's experience over the last three years.

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Annual Cost to Federal Government: $12,750

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

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Common Form ICR:  No

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On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 12/17/2024

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