Annual Survey of U.S. Direct Investment Abroad

Forms and Documents

Document Name	Status
Form BE-11B(FN) Annual Survey of U.S. Direct Investment Abroad Form and Instruction	Modified
0608.0053.Part B.doc Supporting Statement B	2007-09-19
0608.0053Part A.Justification.doc Supporting Statement A	2007-09-19
Attachment 2.pdf Supplementary Document	2007-08-01
Attachment 1.doc Supplementary Document	2007-08-01

IC Document Collections

IC ID	Document Title	Status
3723	Annual Survey of U.S. Direct Investment Abroad Form and Instruction	Modified

ICR Details

OMB Control No: 0608-0053	ICR Reference No: 200707-0608-001
Status: Historical Inactive	Previous ICR Reference No: 200512-0608-001
Agency/Subagency: DOC/EASA	Agency Tracking No: 200712-0608-001
Title: Annual Survey of U.S. Direct Investment Abroad
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Preapproved	Conclusion Date: 11/15/2007
	Date Received in OIRA: 09/19/2007
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	11/30/2010	36 Months From Approved	01/31/2009
Responses	1,550	0	1,500
Time Burden (Hours)	122,915	0	117,600
Cost Burden (Dollars)	0	0	0

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Abstract: The data collected on the BE-11 survey provide a variety of measures of the overall opertions 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 it's impact on the U.S. and foreign economics.

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Authorizing Statute(s): PL: Pub.L. 94 - 472 3101-3108 Name of Law: International Investment and Trade in Services Survey Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
0691-AA63	Proposed rulemaking	72 FR 52316	09/13/2007

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Annual Survey of U.S. Direct Investment Abroad	BE-11A, BE-11B(LF), BE-11B(EZ), BE-11C, BE-11B(FN), BE-11B(SF)	BE-11B(FN) ,   BE-11B(SF) ,   BE-11C ,   BE-11B(LF) ,   BE-11B(EZ) ,   BE-11A

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ICR Summary of Burden

	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	1,550	1,500	0	50	0	0
Annual Time Burden (Hours)	122,915	117,600	0	5,315	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: A "program change" of +5,315 burden hours is shown in the ICR summary. This change is attributable in its entirety to the expansion of the coverage of the BE-11 annual survey so that U.S. parent companies that are banks and their foreign affiliates and bank foreign affiliates of nonbank U.S. parent companies will now be reportable.

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Annual Cost to Federal Government: $2,750,000

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)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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: 09/19/2007

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