Annual Competitiveness Report Survey of Exporters and Lenders

ICR 202310-3048-001

OMB: 3048-0004

Federal Form Document

IC Document Collections
ICR Details
3048-0004 202310-3048-001
Received in OIRA 202012-3048-001
EXIMBANK EIB 00-02
Annual Competitiveness Report Survey of Exporters and Lenders
Revision of a currently approved collection   No
Regular 10/25/2023
  Requested Previously Approved
36 Months From Approved 02/29/2024
112 150
28 225
0 0

The purpose of the survey is to fulfill the statutory mandate (Export-Import Bank Act of 1945, as amended, 12 U.S.C. 635) which directs EXIM to report annually to the U.S. Congress any action taken toward providing export credit programs that are competitive with those offered by official foreign export credit agencies. The Act further stipulates that the annual report on competitiveness should include the results of a survey of U.S. exporters and U.S. commercial lending institutions which provide export credit to determine their experience in meeting financial competition from other countries whose exporters compete with U.S. exporters.EXIM plans to survey exporters and lenders that have engaged with EXIM on medium- and long-term support over the previous calendar year or responded to at least one of EXIM’s last two surveys. The potential respondents will be sent an electronic invitation to participate in the online survey.The proposed survey will ask participants about their potential or completed deals involving EXIM, their opinion of EXIM’s policies and procedures, their interaction and perceptions of other export credit agencies, and impacts of overall market conditions on their businesses.

US Code: 12 USC 635 Name of Law: The Export-Import Bank Act of 1945
  
None

Not associated with rulemaking

  88 FR 153 08/10/2023
88 FR 200 10/18/2023
No

1
IC Title Form No. Form Name
EXIM Competitiveness Report Exporter and Lender Survey 2023 EIB 00-02 EXIM Competitiveness Report Exporter and Lender Survey 2023

  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 112 150 0 -38 0 0
Annual Time Burden (Hours) 28 225 0 -197 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Miscellaneous Actions
The number of respondents is based on 1) a core group of 70 survey participants who responded in one or both the last two years, 2) exporters and banks that received authorizations in 2023 that are not among the 70 prior respondents, and 3) additional exporters and banks that have approved Letters of Interest (LIs) and/or have approached EXIM for support but whose transactions have not reached the authorization stage. Based on the current year’s activity, we expect about 110 additional parties knowledgeable about EXIM’s medium- and long-term programs beyond the initial 70 past survey participants, bringing the total universe of potential respondents to 180. We expect an approximately 67% response rate, meaning about 112 survey responses. The estimated time per respondent was based on 30 seconds to respond to one-option questions, such as the respondent providing their name and company and yes/no questions. One minute was estimated to respond to open-ended questions. The total time to respond would then be 13.5 minutes, which was rounded up to 15 minutes.

$4,262
Yes Part B of Supporting Statement
    No
    No
No
No
No
No
Alla Lake 202 565-3352 alla.lake@exim.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.
10/25/2023


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