Supporting Statement for Paperwork Reduction Act Submissions
EIB 11-03 Used Equipment Questionnaire
General Instructions
A Supporting Statement, including the text of the notice to the public required by 5 CFR 1320.5(a)(i)(iv) and its actual or estimated date of publication in the Federal Register, must accompany each request for approval of a collection of information. The Supporting Statement must be prepared in the format described below, and must contain information specified in Section A below. If an item is not applicable, provide a brief explanation. OMB reserves the right to require the submission of additional information with respect to any request for approval.
Specific Instructions
Justification
1. Explain the circumstances that make the collection of information
necessary. Identify any legal or administrative requirements that
necessitate the collection. Attach a copy of the appropriate
section of each statute and regulation mandating or authorizing the
collection of information.
2. The
Export Import Bank of the United States (EXIM) pursuant to the Export
Import Bank Act of 1945, as amended (12 USC 635, et seq),
facilitates the finance of export of U.S. goods and services. By
neutralizing the effect of export credit insurance and guarantees
offered by foreign governments and by absorbing credit risks that the
private sector will not accept, EXIM enables U.S. exporters to
complete fairly in foreign markets on the basis of price and
product. This collection of information is necessary, pursuant to
12 USC Sec. 635 (a) (1), to determine eligibility of the applicant
for EXIM assistance.
3. This form will provide EXIM
information needed to determine compliance and creditworthiness for
transaction requests submitted. Information presented in this form
will be considered in the overall evaluation of the transaction,
including Export Import Bank’s determination of the
appropriate term for the transaction.
4. Indicate how, by whom and for what
purpose the information is to be used. Except for a new collection,
indicate the actual use the agency has made of the information
received form the current collection.
5. This collection
will gather information concerning the eligibility of equipment that
has been previously owned or placed into service for support under
EXIM’s load, guarantee and insurance programs. To be eligible
for EXIM support, used equipment must meet specific criteria.
6. Describe whether, and to what extent,
the collection of information involves the use of automated,
electronic mechanical, or other technological collection techniques
or other forms of information technology, e.g., permitting
electronic submissions of responses, and the basis for the decision
for adopting this means of collection. Also describe any
consideration of using information technology to reduce
burden.
These forms can be completed electronically and
printed for submission.
Describe effort to identify duplication. Show
specifically why any similar information already available cannot be
used or modified for use for the purposes described in Item 2
above.
All applications are independent of each other;
therefore this is no duplication since each application corresponds
to a unique financing transaction.
If the collection of information impacts small
businesses or other small entities describe any methods used to
minimize burden.
The
ability to complete the form electronic submission reduces the
paperwork burden on small businesses and processing time for EXIM.
Describe the consequence to Federal program or
policy activities if the collection is not conducted or is conducted
less frequently, as well as any technical or legal obstacles to
reducing burden.
Not applicable.
Explain any special circumstances that would
cause an information collection to be conducted in a
manner”
*requiring respondents to report information to
the agency more often than quarterly;
*requiring respondents to
prepare a written response to a collection of information in fewer
than 30 days after receipt of it;
*requiring respondents to
submit more than an original and two copies of any document;
*in
connection with a statistical survey, that is not designed to
produce valid or reliable results that can be generalized to the
universe of study;
*requiring the use of statistical data
classification that has not been reviewed and approved by OMB;
*that
includes a pledge of confidentiality that is not supported by
authority established in statute or regulation, that is not
supported by disclosure and data security policies that are
consistent with the pledge, or which unnecessarily impedes sharing
of data with other agencies for compatible confidential use;
or
*requiring respondents to submit proprietary trade secrets,
or other confidential information unless the agency can demonstrate
that it has instituted procedures to protect the information’s
confidentiality to the extent permitted by law.
This
collection is consistent with guidelines in 5 CFR 1320.6.
If applicable, provide a copy and identify the date and page number of publication in the Federal Register of the agency’s notice soliciting comments on the information collection prior to submission to OMB. Summarize public comments received in response to that notice and describe actions taken by the agency in response to these comments.
60 Day Federal Register Notice Vol. 82, #191
dated 10-4-2017
No comments were received.
30 Day Federal Register Notice Vol. 82, #240 dated 12-15-2017
Explain any decision to provide any payment or
gift to respondents, other than remuneration of contractors or
grantees.
Not applicable.
Describe any assurance of confidentiality
provided to respondents and the basis for the assurance in statute,
regulation, or agency policy.
EXIM and its officers and
employees are subject to the Trade Secrets Act, 19 USC Sec 1905,
which requires EXIM to protect confidential business and commercial
information from disclosure., as well as, 12 CFR 404.1, which
provides that, except as required by law, EXIM will not disclose
information provided in confidence without the submitter’s
consent.
Provide additional justification for any
question of a sensitive nature, such as sexual behavior and
attitudes, religious beliefs, and other matters that are commonly
considered provides. This justification should include the reasons
why the agency considered the questions necessary, the specific uses
to be made of the information, the explanation to be given to
persons from whom the information is requested, and any steps to be
taken to obtain their consent.
Not applicable.
Provide estimates of the hour burden of the
collection of information. The statement
should include:
*
number of respondents: 50
*
frequency of response: Occasionally
* annual hour
burden: 12.5 hours
* an
explanation of how the burden was estimated:
From time
to time staff complete a “sample” application form for
use in system testing, training, etc. The time it takes for staff
to fill out the application form is about 15 minutes. For burden
calculation purposes, we assumed that it would take on average 15
minutes for respondents to complete the application.
Provide an estimate for the total annual cost
burden to respondents or records keepers resulting from the
collection of information. (Do not include the cost of any hour
burden shown in items 12 and 14).
Not applicable
Provide estimates of annualized costs to the
Federal government.
Reviewing time per hour: 15
minutes
Responses per year: 50
Reviewing
time per year: 12.5 hours
Average Wages per hour: $42.50
Average cost per year: $531.25
(time*wages)
Benefits and overhead:
20%
Total
Government Cost: $637.5
Explain the reasons for any program changes or adjusted reported in items 13 or14 of OMB from 83-1.
We have more current information concerning the number of
respondents. We have updated the number of respondents and Annual
Hour Burden in item 15. This has resulted in a decrease in the total
cost to the Agency in item 17.
For
collection of information whose results will be published, outline
plans for tabulation and publication. Address any complex analytical
techniques that will bee used. Provide the time schedule for the
entire project, including beginning and ending dates of the
collection of information, completion of report, publication dates,
and other actions.
Not applicable
Collection of Information Employing Statistical Methods
The agency should be prepared to justify its decision not to use statistical methods in any case where such methods might reduce burden or improve accuracy of results. When Item 17 on OMB Form 83-1 is checked, “Yes” the following documentation should be included in the Supporting Statement to the extent that it applies to the methods proposed:
Statistical
methods are not used in this information collection.
| File Type | application/msword |
| File Title | Supporting Statement for Paperwork Reduction Act Submissions |
| Author | whitt |
| Last Modified By | SYSTEM |
| File Modified | 2018-01-03 |
| File Created | 2018-01-03 |