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U.S. GOVERNMENT PRINTING OFFICE OFFICIAL EDITION NOTICE

This is the Official Government edition of this publication and is herein identified
to certify its authenticity. Use of the 0-16- ISBN prefix is for the U.S. Government
Printing Office Official Editions only. The Superintendent of Documents of the
U.S. Government Office requests that any reprinted edition clearly be labeled as
copy of the authentic work with a new ISBN.

Set:
ISBN 13: 978-0-16-072997-3
10: 0-16-072997-1
Volume 1:
ISBN 13: 978-0-16-072998-0
10: 0-16-072998-X
Volume 2:
ISBN 13: 978-0-16-07299-7
10: 0-16-072999-8

2005 Catalog of Federal Domestic Assistance: Volume 1 and 2

BISAC:
POLO18000 POLITICAL SCIENCE/Reference
POL019000 POLITICAL SCIENCE/Public Policy/Social Services & Welfare

GPQ:

Printed by the U.S. Government Printing Office on acid-free paper

that
meets American National Standards Institute Z39.48 standard.

U.S. GOVERNMENT PRINTING OFFICE
U.S. Superintendent of Documents, Washington, DC 20402-001
Internet: bookstore.gpo.gov
Phone: toll free (866) 512-1800; DC area (202) 512-1800
Fax: (202) 512-2104
Mail: Stop IDCC, Washington, DC 20402-0001

OVERSEAS PRIVATE INVESTMENT CORPORATION

70.002 FOREIGN INVESTMENT FINANCING

FEDERAL AGENCY:

OVERSEAS PRIVATE INVESTMENT CORPORATION AUTHORIZATION:

Foreign Assistance Act of 1969, Title IV, Section 234(b) and 234(c),

Public Law 91-175, 22 U.SC. 2191, et seq. OBJECTIVES:

To provide financing for projects sponsored by private U.S. businesses in developing countries and emerging economies throughout the world, thereby assisting development goals and improving U.S. competitiveness,

creating American jobs and increasing U.S. exports. TYPES OF ASSISTANCE:

Guaranteed Insured Loans.
US ES AND US E RESTRICTIONS:

To provide financing for investments in developing countries in projects
that contribute to the economic and social development of the host
country and have a positive impact on the U.S. economy. OPIC screens
out projects that might have a negative effect on U.S. employment or the
host country's development or the environment, or would contribute to the
violation of internationally recognized worker rights. Direct loans can
only be made to private sector projects in which there is significant

involvement by an U.S small business. ELIGIBILITY REQUIREMENTS: Applicant Eligibility:

Guaranteed investor must be citizen of the United States, a corporation, partnership, or other association created under the laws of the United States or any State or territory, and more than 50 percent beneficially owned by U.S. Citizens; a foreign corporation at least 95 percent owned by such entities; or a 100 percent U.S.-owned foreign entity. Direct loans are reserved for projects sponsored by or significantly involving U.S small businesses or cooperatives. Applicants also must meet OPICs credit

underwriting criteria. Beneficiary Eligibility:

Project must have significant participation by a United States sponsor, generally in the form of at least 25 percent equity ownership. OPIC does not support projects that will result in the loss of U.S. jobs, that would contribute to the violation of internationally recognized worker rights or involve illicit payments. OPIC only supports projects that contribute to

the economic and social development of the host country. Credentials/Documentation:

OPIC Finance Application; Financial statements; OPIC sponsor disclosure report; other applicable information on operations of U.S. investor, and project business plan. A bilateral agreement between the United States and the host country government must be in place before OPIC can provide loan guaranties in a commtry. In some cases, special foreign government

approval is required before financing can be provided APPLICATION AND AWARD PROCESS: Pre application Coordination:

None. This program is excluded from coverage under E.O. 12372. Appliation Procedure:

Application for Financing is required Award Procedure:

OPIC conducts extensive due diligence and project analysis. Project must be approved internally and meets OPIC's credit, policy and legal criteria. Loan guaranty is issued directly to the lender by OPIC, in conjunction with OPIC entering into financing documentation with the borrower, U.S. sponsor and other parties. Direct loan is made directly to the project

company. Deadines:

None.
Range of Approval/Disapproval Time:

Variable, depending on status and complexity of the project.
Appeals:

Not applicable.
Renewals:

Not applicable.
ASS ESTANCE CONSIDERATIONS:
Formula and Matching Requirements:

Significant equity investment in the project company by qualified U.S.
sponsor.

Length and Time Phasing of Assistance:

Variable, depending on characteristics of the project. OPIC financing is

usually in the range of 5-15 years. POST ASSISTANCE REQUIREMENTS: Reports:

Projects submit quarterly and annual reports on operations and capital

spending, and such other reports as OPIC may call for. Audits:

OPIC representatives monitor projects closely and may visit project and interview management. Financial statements generally in accordance with the United States generally accepted accounting practices must be

submitted for OPIC monitoring. Records:

Certain accounting records, drawdowns of all funds, and other information

must be available during term of financing and beyond FINANCIAL INFORMATION: Account Identification:

71-4030-0-3-151; 71-0100-0-1-151; 71-4075-0-3-151; 71-4074-0-3

151; 71-4184-0-3-151. Obligations:

(Total Loan Commitments) FY 04 $1,851,000,000; FY 05 est

$1,478,000,000; and FY 06 est $1,585,000,000. Range and Average of Financial Assistance:

$10,000,000 to $400,000,000; small business loans, $100,000 to
$29,500,000; $6,300,000; non-small business loans, $40,950,000 to

$190,000,000; $9,000,000. PROGRAM ACCOMPLISHMENTS:

Since 1971, OPIC, a self-sustaining agency, has supported more than $164 billion in U.S. investment overseas that will generate over $69 billion in U.S. exports and support more than 264,000 American jobs. Additionally, OPIC bas benefited the more than 150 countries in which it has operated or is currently operating, supporting sustainable development and

international trade while solidifying free markets. REGULATIONS, GUIDELINES, AND LITERATURE:

"OPIC Program Handbook," free. Web site address is http://www.opic.gov. INFORMATION CONTACTS: Regional or Local Office:

None. Headquarters Office:

Information Officer Overseas Private Investment Corporation 1100 New York Ave., NW, Washington, DC 20527 Telephone: (202) 336-8799.

For program information by electronic mail: info@opic.gov. Web Site Address:

http://www.opic.gov. RELATED PROGRAMS:

70.003, Foreign Investment Insurance. EXAMPLES OF FUNDED PROJECTS:

Examples of financed projects include cellular telephone networks, retail petroleum projects, electric power generation projects, small business

transactions, and manufacturing and agricultural ventures. CRITERIA FOR SELECTING PROPOS ALS:

See USES AND USE RESTRICTIONS and ELIGIBILITY
REQUIREMENTS

MORITZ LAW LIBRARY
THE OHIO STATE UNIVERSITY

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70.003 FOREIGN INVESTMENT INSURANCE

(Political Risk Insurance)

FEDERAL AGENCY:

OVERSEAS PRIVATE INVESTMENT CORPORATION AUTHORIZATION:

Foreign Assistance Act of 1969, Title IV, Section 234(a), Public Law 91

175, 22 U.S.C. 2191, et seq. OBJECTIVES:

To insure investments of eligible U.S. investors in developing countries and emerging markets, against the political risks of inconvertibility, expropriation, and political violence. Special programs include insuring (1)contractors and exporters against arbitrary drawings of letters of credit posted as bid, performance or advance payment guaranties, (2)petroleum exploration, development and production (3)leasing operations, and (4) debt financials, including securities.

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