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Code · REGISTER · 2014-08-28 · Overseas Private Investment Corporation (OPIC) · Notices

Notices. Request for approval

283 words·~1 min read·/register/2014/08/28/2014-20442

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BILLING CODE M OVERSEAS PRIVATE INVESTMENT CORPORATION Submission for OMB Review AGENCY: Overseas Private Investment Corporation (OPIC). ACTION: Request for approval. SUMMARY: 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. DATES: This 60 day notice is to inform the public, that this collection is being submitted to OMB for approval.
ADDRESSES: Copies of the subject form may be obtained from the Agency submitting officer. 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. Dated: August 22, 2014. Nichole Cadiente, Administrative Counsel, Administrative Affairs, Department of Legal Affairs. [FR Doc. 2014-20442 Filed 8-27-14; 8:45 am]
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