Application for Exporter
Short-Term Single-Buyer Insurance
Revision of a currently approved collection
No
Regular
12/15/2021
Requested
Previously Approved
36 Months From Approved
08/31/2022
310
310
465
465
0
0
The Export Import Bank of the United
States (EXIM Bank) pursuant to the Export Import Bank Act of 1945,
as amended (12 USC 635, et seq), facilitates the financing of
exports of U.S. goods and services. By neutralizing the effect of
export credit insurance and loan guarantees offered by foreign
governments and by absorbing credit risks that the private sector
will not accept, EXIM Bank enables U.S. exporters to compete fairly
in foreign markets on the basis of price and product quality. This
collection of information is necessary, pursuant to 12 USC Sec. 635
(a) (1), to determine eligibility of the applicant for EXIM Bank
assistance. The "Application for Exporter Short-term Single-buyer
Insurance" form will be used by entities involved in the export of
US goods and services, to provide EXIM Bank with the information
necessary to obtain legislatively required assurance of repayment
and fulfills other statutory requirements. EXIM is requesting the
collection of information due to added Section 403 of the EXIM
Charter.
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.