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Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.
View ICR - OIRA Conclusion
OMB Control No:
0608-0049
ICR Reference No:
200912-0608-003
Status:
Historical Active
Previous ICR Reference No:
200408-0608-001
Agency/Subagency:
DOC/EASA
Agency Tracking No:
Title:
Benchmark Survey of U.S. Direct Investment Abroad--2009
Type of Information Collection:
Reinstatement with change of a previously approved collection
Common Form ICR:
No
Type of Review Request:
Regular
OIRA Conclusion Action:
Approved without change
Conclusion Date:
12/16/2009
Retrieve Notice of Action (NOA)
Date Received in OIRA:
12/16/2009
Terms of Clearance:
Prior to the commencement of the Benchmark Survey of U.S. Direct Investment Abroad--2009 survey form mailings, the Bureau of Economic Analysis (BEA) shall provide on its Internet site prominent links to a complete set of finalized survey forms, including instructions and cover letters.
Inventory as of this Action
Requested
Previously Approved
Expiration Date
11/30/2012
36 Months From Approved
Responses
3,800
0
0
Time Burden (Hours)
459,400
0
0
Cost Burden (Dollars)
0
0
0
Abstract:
The data collected on the BE-10 survey provide a variety of measures of the overall operations of U.S. parent companies and their foreign affiliates. The data are needed to measure the size and economic significance of U.S. direct investment abroad, measure changes in such investment, and assess its impact on the U.S. and foreign economies. The data will provide benchmarks for deriving current universe estimates of direct investment from sample data collected in other BEA surveys in nonbenchmark years. In particular, they will serve as benchmarks for the quarterly direct investment estimates included in the U.S. international transactions and national income and product accounts, and for annual estimates of the U.S. direct investment position abroad and of the operations of U.S. parent companies and their foreign affiliates.
Authorizing Statute(s):
US Code:
22 USC USC 3101-3108
Name of Law: International Investment and Trade in Services Survey Act
Citations for New Statutory Requirements:
None
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
0691-AA71
Final or interim final rulemaking
74 FR 66232
12/15/2009
Federal Register Notices & Comments
Did the Agency receive public comments on this ICR?
No
Number of Information Collection (IC) in this ICR:
1
IC Title
Form No.
Form Name
Benchmark Survey of U.S. Direct Investment Abroad--2009
BE-10A, BE-10B, BE-10C, BE-10D, BE-10 Claim for Not Filing
Report for U.S. Reporter
,
Report for Foreign Affiliate
,
BE-10 Claim for Not Filing
,
Report for Foreign Affiliate
,
Report for Foreign Affiliate
ICR Summary of Burden
Total Approved
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
3,800
0
0
3,800
0
0
Annual Time Burden (Hours)
459,400
0
0
459,400
0
0
Annual Cost Burden (Dollars)
0
0
0
0
0
0
Burden increases because of Program Change due to Agency Discretion:
Yes
Burden Increase Due to:
Changing Regulations
Burden decreases because of Program Change due to Agency Discretion:
No
Burden Reduction Due to:
Short Statement:
The estimate for the 2009 BE-10 benchmark survey of 459,400 burden hours is somewhat more than the respondent burden for the previous (2004) benchmark survey. For the 2004 survey, the estimated burden was 428,750 hours. The increase in burden hours is associated with an increase in the respondent universe, partly offset by changes in survey form design and reporting criteria and information to be collected.
Annual Cost to Federal Government:
$3,750,000
Does this IC contain surveys, censuses, or employ statistical methods?
Yes
Part B of Supporting Statement
Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002?
No
Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]?
Uncollected
Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]?
Uncollected
Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)?
No
Is this ICR related to the Pandemic Response?
Uncollected
Agency Contact:
Barbara Hubbard 202 606-9846 Barbara.Hubbard@bea.gov
Common Form ICR:
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:
(a) It is necessary for the proper performance of agency functions;
(b) It avoids unnecessary duplication;
(c) It reduces burden on small entities;
(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
(f) It indicates the retention periods for recordkeeping requirements;
(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
(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;
(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
(i) It uses effective and efficient statistical survey methodology (if applicable); and
(j) It makes appropriate use of information technology.
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.
Certification Date:
10/01/2009