Code of Federal Regulations (alpha)

CFR /  Title 12  /  Part 408  /  Sec. 408.5 Ensuring environmental documents are actually considered

Section 1505.1 of the NEPA Regulations contains requirements to ensure adequate consideration of environmental documents in agency decision-making. To implement these requirements, Eximbank officials will:

(a) Consider all relevant environmental documents in evaluating applications for Eximbank financing;

(b) Ensure that all relevant environmental documents, comments and responses accompany the application through Eximbank's review processes;

(c) Consider only those alternatives encompassed by the range of alternatives discussed in the relevant environmental documents when evaluating an application which is the subject of an EIS. ----------------------------------------------------------------------------------------------------------------

Key officials or offices

Eximbank actions Start of NEPA process Completion of NEPA required to consider

process environmental documents----------------------------------------------------------------------------------------------------------------Issuance of Preliminary Commitment When application is When the Board of UnderSec. 408.4(b)(1) (i) and

(P.C.). received. Directors meets to (ii), General Counsel to

consider determine whether requested

application. The Eximbank financing is a major

Board may notify action and Engineer to

applicant that determine whether proposed

environmental Transaction may significantly

effects will be affect the quality of the

considered when human environment in the

final commitment is United States, its

requested and territories or possessions.

request information

on environmental

matters.Issuance of Final Commitment...... When application is When the Board of (If no P.C. has been issued,

received. Directors meets to key offices will make

consider application. determinations mentioned

above.) Engineer to collect,

prepare or arrange for

preparation of all

environmental documents.----------------------------------------------------------------------------------------------------------------