Title XI Obligation Guarantees - 46 CFR Part 298

ICR 202002-2133-001

OMB: 2133-0018

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Removed
Form and Instruction
New
Form and Instruction
New
Supplementary Document
2020-02-07
Supplementary Document
2020-02-07
Supporting Statement A
2020-02-07
ICR Details
2133-0018 202002-2133-001
Received in OIRA 201712-2133-005
DOT/MARAD 2133-0018
Title XI Obligation Guarantees - 46 CFR Part 298
Extension without change of a currently approved collection   No
Regular 02/12/2020
  Requested Previously Approved
36 Months From Approved 01/31/2021
10 10
1,500 1,500
50,000 0

The Title XI Obligation Guarantees – 46 CFR Part 298 collection is required to obtain benefits. In order to streamline the process, the applicant (commercial ship owners and/or shipyards for ship and shipyard building and modernization) 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

  84 FR 56532 10/22/2019
85 FR 6695 02/05/2020
No

  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 10 10 0 10 -10 0
Annual Time Burden (Hours) 1,500 1,500 0 1,500 -1,500 0
Annual Cost Burden (Dollars) 50,000 0 0 50,000 0 0
Yes
Miscellaneous Actions
No
Burden cost for respondents (application fee) has been added. The collection instruments have been uploaded as two separate ICs. The overall burden hours and the number of responses have not changed.

$899,262
No
    No
    No
No
No
No
No
David Gilmore 202 366-2118 david.gilmore@dot.gov

  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.
02/12/2020


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