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NATIONAL GALLERY OF ART

68.001 NATIONAL GALLERY OF ART EXTENSION SERVICE

FEDERAL AGENCY: NATIONAL GALLERY OF ART
AUTHORIZATION: 20 U.S.C. 71-75.

OBJECTIVES: To provide educational material including traveling exhibits, slide lectures, film strips, and motion pictures free of charge except for transportation costs to schools, colleges, libraries across the Nation.

TYPES OF ASSISTANCE: Use of Property, Facilities, and Equipment. USES AND USE RESTRICTIONS: Audio-visual materials for use in art

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Reports: Data on use of materials.

Audits: None.

Records: None.

FINANCIAL INFORMATION:

Account Identification: 32-50-0200-0-1-608.

Obligations: (Value of loaned materials) FY 70 $24,000; FY 71 est $28,000; and FY 72 est $32,000.

Range and Average of Financial Assistance: Not applicable. PROGRAM ACCOMPLISHMENTS: Audio-visual art education materials relating to the Nation's collections of paintings and sculpture were seen by an estimated 3 million viewers in 1970. REGULATIONS, GUIDELINES, AND LITERATURE: None. INFORMATION CONTACTS:

Regional or Local Office: None.

Headquarters Office: Extension Service, National Gallery of Art, Washington, D.C. 20565. Telephone: (202) 737-4215. RELATED PROGRAMS: 39.005, National Audiovisual Center; 39.006, National Historical Sources Grants; 45.003, Promotion of the Arts-Education; 60.001, Smithsonian Institution Programs in Basic Research and Public Education; 60.005, Educational Services, Elementary and Secondary Education; 60.008, Registral Programs; 60.010, Smithsonian Associates; 60.012, Smithsonian Institution Libraries; 60.013, Smithsonian Institution Traveling Exhibition Service; 60.015, Smithsonian Publications; 60.017, Smithsonian Special Public Affairs.

OFFICE OF CONSUMER AFFAIRS

69.001 CONSUMER AFFAIRS

FEDERAL AGENCY: OFFICE OF CONSUMER AFFAIRS AUTHORIZATION: Executive Order 11583 of February 24, 1971. OBJECTIVES: To coordinate Federal consumer programs; to advise the President and Federal agencies on policies and plans as they affect the consumer interest; to recommend legislation of benefit to consumers; to encourage productive dialog and interaction between industry, government, labor, and private groups; to conduct investigations, conferences, and surveys on consumer related problems; to encourage and coordinate research, consumer education programs; and to coordinate consumer programs for disadvantaged groups.

TYPES OF ASSISTANCE: Advisory Services and Counseling; Dissemination of Technical Information.

USES AND USE RESTRICTIONS: Information may be obtained on consumer education, proposed legislation affecting consumers, Federal consumer programs, and private organizations for the advancement of the interests of consumers. Advisory services are available to State and local governments on the administration of consumer programs. Assistance in resolving consumer complaints is provided as appropriate. ELIGIBILITY REQUIREMENTS:

Applicant Eligibility: Individual consumers, business and civic
groups, labor unions, trade associations, and State and local
governments may request the services of the Committee.
Beneficiary Eligibility: Same as applicant eligibility.
Credentials/Documentation: None.

APPLICATION AND AWARD PROCESS:
Preapplication Coordination: None.

Application Procedure: Letter to Headquarters Office listed below for information.

Award Procedure: Not applicable.
Deadlines: Not applicable.

Range of Approval/Disapproval Time: Not applicable.
Appeals: Not applicable.
Renewals: Not applicable.

ASSISTANCE CONSIDERATIONS:

Formula and Matching Requirements: Not applicable. Length and Time Phasing of Assistance: Not applicable. POST ASSISTANCE REQUIREMENTS:

Reports: Not applicable.
Audits: Not applicable.
Records: Not applicable.

FINANCIAL INFORMATION:

Account Identification: 32-10-1700-0-1-609.

Obligations: (Salaries and expenses) FY 70 $460,000; FY 71 est $810,000; and FY 72 est $925,000.

Range and Average of Financial Assistance: Not applicable. PROGRAM ACCOMPLISHMENTS: Not available. REGULATIONS, GUIDELINES, AND LITERATURE: "Consumer Education Bibliography." Additional pamphlets and other material for consumers available. INFORMATION CONTACTS: Regional or Local Office: None. Headquarters Office: Office of Consumer Affairs, New Executive Office Building, Room 6019, Washington, D.C. 20506. Telephone: (202) 395-5024.

RELATED PROGRAMS: 10.154, Market Supervision; 10.800, Livestock and Poultry Market Supervision; 17.306, Consumer Credit Protection; 36.001, Consumer and Business Protection; 58.001, Investor Protection.

OVERSEAS PRIVATE INVESTMENT CORPORATION

70.001 FOREIGN CURRENCY LOANS

(Cooley Loans)

FEDERAL AGENCY: OVERSEAS PRIVATE INVESTMENT

CORPORATION

AUTHORIZATION: Section 104(e), Agricultural Trade Development and Assistance Act of 1954, as amended; Public Law 480; and Foreign Assistance Act of 1969, Title IV, Section 234(c); Public Law 91-175.

OBJECTIVES: To make loans in foreign currencies to firms in less-developed friendly countries and areas.

TYPES OF ASSISTANCE: Direct Loans.

USES AND USE RESTRICTIONS: Loans are used to finance project costs within the country in which the project is located. Loans may not be made for production of products to be exported to the U.S. in competition with U.S. products; due consideration must be given to expanded use and consumption of U.S. agricultural products. Non-U.S. affiliated borrowers are eligible only if the project will demonstrate increased use and consumption of U.S. agricultural products.

ELIGIBILITY REQUIREMENTS:

Applicant Eligibility: Unless project will demonstrate increased use
and consumption of U.S. agricultural products, applicant must be
U.S. firm or its branch, affiliate, or subsidiary.
Beneficiary Eligibility: Same as applicant eligibility.
Credentials/Documentation: None.

APPLICATION AND AWARD PROCESS:
Preapplication Coordination: None.

Application Procedure: Letter and preliminary discussion with either
OPIC staff or AID mission in foreign country. If project can be
encouraged, formal application form will be provided.
Award Procedure: Loan is made directly to applicant by OPIC.
Deadlines: None.

Range of Approval/Disapproval Time: Varied depending on size and complexity of project, availability of funds.

Appeals: Not applicable.

Renewals: Not applicable.

ASSISTANCE CONSIDERATIONS:

Formula and Matching Requirements: Not applicable.

Length and Time Phasing of Assistance: Loans are made for from 3 to 15 years.

POST ASSISTANCE REQUIREMENTS:

Reports: None, from U.S. Firm. Reporting may be required from overseas affiliate.

Audits: None.

Records: Same as reports, above.

FINANCIAL INFORMATION:

Account Identification: 05-48-2274-0-1-154.

Face Value of Loans: (Direct; amount available for loans depends on amounts allocated to 104(e) use in Public Law 480 sales agreements; $40,400,000 equivalent as of December 31, 1970, and Section 234(c) allocations.) FY 70 $33,566,127; FY 71 est $24,006,617; and FY 72 cannot be estimated; loan activity will depend on currencies made available for the program.

Range and Average of Financial Assistance: $45,000 to $7,895,000; $2,098,000, dollar equivalents.

PROGRAM ACCOMPLISHMENTS: In fiscal year 1970, 16 foreign currency loans were authorized and it is estimated that 14 loans will be made.

REGULATIONS, GUIDELINES, AND LITERATURE: Financing Handbook. Free.

INFORMATION CONTACTS:

Regional or Local Office: None.

Headquarters Office: Finance Division, Overseas Private Investment Corporation, Washington, D.C. 20527. Telephone: (202) 632-3908.

RELATED PROGRAMS: 70.005, Direct Investment Loans.

70.002 FOREIGN INVESTMENT GUARANTIES

(Extended-Risk Guaranties)

FEDERAL AGENCY: OVERSEAS PRIVATE INVESTMENT

CORPORATION

AUTHORIZATION: Foreign Assistance Act of 1969, Title IV, Section 234(b); Public Law 91-175.

OBJECTIVES: To guaranty loans and other investments made by eligible U.S. investors in less-developed friendly countries and

areas.

TYPES OF ASSISTANCE: Guaranteed/Insured Loans. USES AND USE RESTRICTIONS: To guaranty loans and other investments against loss due to such risks as the Corporation may determine, as an encouragement to private U.S. investment in developing countries. Guaranties of other than loans may not exceed 75 percent of such investment; guarantied loans may not exceed 75 percent of the total investment in project; and no more than 10 percent of the total amount of authorized guaranties may be issued to a single investor.

ELIGIBILITY REQUIREMENTS:

Applicant Eligibility: Guaranteed lender or equity holder must be citizen of the United States; corporation, partnership or other association created under the laws of the United States or any State or Territory, and substantially beneficially owned by U.S. citizens; or wholly-owned foreign subsidiary of such corporation. Beneficiary Eligibility: Same as applicant eligibility. Credentials/Documentation: None. APPLICATION AND AWARD PROCESS: Preapplication Coordination: None.

Application Procedure: Letter, followed by discussions with OPIC staff. If project can be encouraged, formal application form will be provided.

Award Procedure: Guaranty is issued directly to applicant by OPIC. Deadlines: None.

Range of Approval/Disapproval Time: Variable, depending on size and complexity of project. Appeals: Not applicable.

Renewals: Not applicable.

ASSISTANCE CONSIDERATIONS:

Formula and Matching Requirements: Not applicable.

Length and Time Phasing of Assistance: Guaranties are issued for from 7 to 20 years.

POST ASSISTANCE REQUIREMENTS:

Reports: Projects submit quarterly and semiannual reports on operations and capital spending, and such other reports as OPIC may call for.

Audits: Guaranteed lenders and OPIC representatives may visit project and interview management regularly.

Records: All records of purchases, certain accounting records, drawdowns of all funds, for life of guaranty and 5 years thereafter. FINANCIAL INFORMATION:

Account Identification: 04-10-4030-0-3-152.

Face Value of Loans: (Guaranteed) FY 70 $96,350,000; FY 71 est $32,000,000; and Fy 72 est $80,000,000.

Range and Average of Financial Assistance: $7,000 to $48,000,000;

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AUTHORIZATION: Foreign Assistance Act of 1969, Title IV, Section 234(a); Public Law 91-175.

OBJECTIVES: To insure investments of eligible U.S. investors in less-developed friendly countries and areas, against the risks of inconvertibility, expropriation, and war, revolution and insurrection.

TYPES OF ASSISTANCE: Insurance.

USES AND USE RESTRICTIONS: To encourage private U.S. investment in developing countries by protecting against certain political risks inherent in such investment. Investments, if not of a short-term nature, qualify for insurance if they contribute to the economic and social development of the host country. Special criteria may be applied to investments in natural resources extraction projects and large and sensitive projects. No insurance can be issued if investment has been made or committed prior to application; applicant must obtain approval of foreign government for the investment, for insurance purposes.

ELIGIBILITY REQUIREMENTS:

Applicant Eligibility: Citizen of the United States; corporation, partnership or other association created under the laws of the United States or any state or territory, and substantially beneficially owned by U.S. citizens; or wholly-owned foreign subsidiary of such corporation.

Beneficiary Eligibility: Same as applicant eligibility.

and complexity of project. Appeals: Not applicable.

Renewals: Insurance contracts renewed annually, at investor's option.

ASSISTANCE CONSIDERATIONS:

Formula and Matching Requirements: Not applicable.

Length and Time Phasing of Assistance: Maximum insurance term is 20 years for equity investment; for loans, the term of the loan. POST ASSISTANCE REQUIREMENTS:

Reports: Annual election of current coverage, annual payment of fees, annual CPA certification of books and records pertaining to the investment, such information as may be required in case of claim for compensation.

Audits: Not applicable.

Records: When claim for compensation is pending and after such payment is made, the investor has a duty to cooperate with OPIC in supplying all information requested pertaining to the claim. These responsibilities are clearly spelled out in each insurance contract.

FINANCIAL INFORMATION:

Account Identification: 04-10-4030-0-3-152.

Face Value of Insurance: FY 70 $1.4 billion maximum coverage; FY 71 est $1.7 billion maximum coverage; and FY 72 est $1.7 billion maximum coverage.

Range and Average of Financial Assistance: $5,000 to $185,000,000; $2,900,000.

Credentials/Documentation: Foreign government approval is PROGRAM ACCOMPLISHMENTS: Under the insurance program in

required before insurance can be approved. APPLICATION AND AWARD PROCESS: Preapplication Coordination: None.

Application Procedure: Application forms available on request from Overseas Private Investment Corporation, Washington, D.C. 20527.

Award Procedure: Insurance is issued directly to the applicant by OPIC.

Deadlines: Application must be made prior to making or committing the investment.

Range of Approval/Disapproval Time: Will vary depending on size

fiscal year 1970, private U.S. investment of $565,000,000 went to 155 projects in Latin America, East Asia, Near East and Africa. REGULATIONS, GUIDELINES, AND LITERATURE: Insurance Handbook, free.

INFORMATION CONTACTS:

Regional or Local Office: None.

Headquarters Office: Insurance Division, Overseas Private Investment Corporation, Washington, D.C. 20527. Telephone: (202) 632-2796.

RELATED PROGRAMS: 70.002, Foreign Investment Guaranties.

70.004 PRE-INVESTMENT ASSISTANCE (Investment Surveys)

FEDERAL AGENCY: OVERSEAS PRIVATE INVESTMENT

CORPORATION

AUTHORIZATION: Foreign Assistance Act of 1969, Section 234(d); Public Law 91-175.

OBJECTIVES: To initiate and support through financial participation, incentive grant, or otherwise, the identification, assessment, surveying and promotion of private investment opportunities. TYPES OF ASSISTANCE: Direct Payment for Specified Uses. USES AND USE RESTRICTIONS: Funds are provided for the investigation of developmental projects in the private sector. Financing surveys of extractive projects is statutorily prohibited. Normally subject to repayment if affirmative investment decision is made.

ELIGIBILITY REQUIREMENTS:

Applicant Eligibility: U.S. and/or locally-owned firms capable of
carrying project forward if survey indicates feasibility.
Beneficiary Eligibility: Same as applicant eligibility.
Credentials/Documentation: None.
APPLICATION AND AWARD PROCESS:
Preapplication Coordination: None.

Application Procedure: Letter, followed by discussions. If survey can
be encouraged, application instructions will be provided.
Award Procedure: Financial assistance provided directly to applicant.
Deadlines: None.

Range of Approval/Disapproval Time: Varies depending upon size
and complexity of project.
Appeals: Not applicable.
Renewals: Not applicable.
ASSISTANCE CONSIDERATIONS:

Formula and Matching Requirements: Assistance usually limited to

50 percent of survey costs, except for projects considered by OPIC to be high priority.

Length and Time Phasing of Assistance: Time required by applicant to make survey and reach investment decision. POST ASSISTANCE REQUIREMENTS:

Reports: If negative investment decision is made, a survey report must be made which is acceptable to OPIC. Audits: At option of OPIC.

Records: Detail of survey costs to be reimbursed. FINANCIAL INFORMATION:

Account Identification: 04-10-4030-0-3-152.

Obligations: (Direct payments) FY 70 $186,254; FY 71 est $500,000; and FY 72 est $750,000.

Range and Average of Financial Assistance: $5,000 to $110,000; $15,000.

PROGRAM ACCOMPLISHMENTS: In fiscal year 1970, 19 applications were received; 11 resulted in executed survey agreements, with a potential liability to OPIC of $217,751. Under predecessor authority, through June 30, 1970, 344 surveys have led to 51 positive investment decisions to invest $104,000,000 in the developing countries.

REGULATIONS, GUIDELINES, AND LITERATURE: Being prepared. INFORMATION CONTACTS:

Regional or Local Office: None.

Headquarters Office: Finance Division, Overseas Private Investment Corporation, Washington, D.C. 20527. Telephone: (202) 632-3908.

RELATED PROGRAMS: 11.103, International Commercial

Information.

70.005 DIRECT INVESTMENT LOANS (Dollar Loans)

FEDERAL AGENCY: OVERSEAS PRIVATE INVESTMENT

CORPORATION

AUTHORIZATION: Foreign Assistance Act of 1969, Section 234(c); Public Law 91-175.

OBJECTIVES: To make loans for projects in less-developed countries. TYPES OF ASSISTANCE: Direct Loans.

USES AND USE RESTRICTIONS: Dollar loans made to development projects where other financing services are inadequate; such as loans to smaller projects, intermediate financing institutions, etc. Loans for extractive projects are prohibited by statute. ELIGIBILITY REQUIREMENTS:

Applicant Eligibility: Privately owned firms or firms of mixed private and public ownership.

Beneficiary Eligibility: Same as applicant eligibility.
Credentials/Documentation: None.

APPLICATION AND AWARD PROCESS:

Preapplication Coordination: None.

Application Procedure: Letter, followed by discussions. If project
can be encouraged, application instructions will be provided.
Award Procedure: Loan is made directly to applicant.
Deadlines: None.

Range of Approval/Disapproval Time: Varies according to size and
complexity of project.
Appeals: Not applicable.
Renewals: Not applicable.

ASSISTANCE CONSIDERATIONS:

Formula and Matching Requirements: None.

Length and Time Phasing of Assistance: Loans made for 7 to 15 years.

POST ASSISTANCE REQUIREMENTS:

Reports: Projects submit quarterly and semiannual reports on operations and capital spending, and such other reports as OPIC may call for.

Audits: OPIC representatives may visit project and interview management regularly.

Records: All records of purchases, certain accounting records, drawdowns of all funds for life of loan and 5 years thereafter. FINANCIAL INFORMATION:

Account Identification: 04-10-4030-0-3-152.

Face Value of Loans: New program; not yet available.
Range and Average of Financial Assistance: Not available.

PROGRAM ACCOMPLISHMENTS: New program; not available.
REGULATIONS, GUIDELINES, AND LITERATURE: Financing
Handbook, free.

INFORMATION CONTACTS:

Regional or Local Office: None.

Headquarters Office: Finance Division, Overseas Private Investment Corporation, Washington, D.C. 20527. Telephone: (202) 632-3908.

RELATED PROGRAMS: 70.001, Foreign Currency Loans.

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