Title XI Obligation Guarantees - 46 CFR Part 298

ICR 201712-2133-005

OMB: 2133-0018

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supplementary Document
2017-12-13
Supplementary Document
2017-12-13
Supporting Statement A
2017-12-13
IC Document Collections
ICR Details
2133-0018 201712-2133-005
Active 201501-2133-003
DOT/MARAD 2133-0018
Title XI Obligation Guarantees - 46 CFR Part 298
Extension without change of a currently approved collection   No
Regular
Approved without change 09/24/2018
Retrieve Notice of Action (NOA) 01/31/2018
The agency work work toward modernizing the requirement to have three fully executed paper copies of application documents and supporting schedules. The agency has been given 18 months approval due to non-compliance with the Government Paperwork Elimination Act (GPEA).
  Inventory as of this Action Requested Previously Approved
03/31/2020 36 Months From Approved 09/30/2018
10 0 10
1,500 0 1,500
0 0 0

“The Title XI Obligation Guarantees – 46 CFR Part 298 collection is required to obtain benefits. In order to streamline the process, the applicant will fill out form MA-163 to request financing for a vessel, or MA-163A when requesting financing to modernize a shipyard. The information provided is used by individual offices within MARAD to evaluate each applicant within that offices sphere of responsibility. This information is recorded and can be used later to compare similar sector applications. It can also be used if the applicant decides to submit an additional application to ensure consistency. This information is submitted as needed and when requested. The information received from MA-163 and MA-163A includes a description of vessel or shipyard and intended use of the vessel or improvements intended for the shipyard, the total cost of the project, the amount the applicant is looking to receive from MARAD and the timeframe they will pay MARAD back and the interest. Also, the applicant must submit the shipyard, company history, Past Business Activities, Business Relationships, A Market Study, as well as anything else that would help the individual offices within MARAD evaluate each application.

US Code: 46 USC 537 Name of Law: Loans and Guarantees
  
None

Not associated with rulemaking

  82 FR 41675 09/01/2017
82 FR 57522 12/05/2017
No

1
IC Title Form No. Form Name
Title XI Obligation Guarantees - 46 CFR Part 298 MA-163A, MA-163 Application for Ship Financing ,   Application for Shipyard Financing

  Total Approved 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 10 10 0 0 0 0
Annual Time Burden (Hours) 1,500 1,500 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$830,329
No
    No
    No
No
No
No
Uncollected
Brian Roger 202 366-8159

  No

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.
01/31/2018


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