In accordance
with the Paperwork Reduction Act and 5 CFR 1320 the Application for
Political Risk Investment Insurance is approved until March
31,1988. Concurrent with its application for renewed clearance in
1988, OPIC will submit a report to OMB summarizin user evaluation
of changes made to this application and recommended future changes
to minimize the burden on respondents and maximize the usefulness
of the information collected.
Inventory as of this Action
Requested
Previously Approved
03/31/1988
03/31/1988
08/31/1987
350
0
275
700
0
46
0
0
0
INSURANCE APPLICATION IS THE PRINCIPAL
DOCUMENT USED TO DETERMINE WHETHER OPIC ISSUES INSURANCE FOR TO
ASSESS THE RISKS OF THE PROJECT, DETERMINE THE INVESTOR'S ELIGIBILI
AND CALCULATE THE U.S. AND HOST COUNTRY EFFECTS OF THE INVESTMENT.
CALCULATE THE U.S. AND HOST COUNTRY EFFECTS OF THE
INVESTMENT.
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:
(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;
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.