Benchmark Survey of Foreign Direct Investment in the United States - 2012

Forms and Documents

Document Name	Status
Form 2007 BE-12(LF) Benchmark Survey of Foreign Direct Investment in the United States - 2012 Form and Instruction	Modified
2012 BE-12 Attachment 2.pdf Supplementary Document	2011-08-18
2012 BE-12 Attachment 1.pdf Supplementary Document	2011-08-18
2012 BE-12 Supporting Statement Part B.pdf Supporting Statement B	2011-08-18
2012 BE-12 Supporting Statement Part A.pdf Supporting Statement A	2011-08-18

IC Document Collections

IC ID	Document Title	Status
3716	Benchmark Survey of Foreign Direct Investment in the United States - 2012 Form and Instruction	Modified

ICR Details

OMB Control No: 0608-0042	ICR Reference No: 201108-0608-002
Status: Historical Active	Previous ICR Reference No: 200801-0608-001
Agency/Subagency: DOC/EASA	Agency Tracking No: 2012 BE-12
Title: Benchmark Survey of Foreign Direct Investment in the United States - 2012
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: 02/06/2012
	Date Received in OIRA: 01/04/2012
Terms of Clearance: Prior to the commencement of the Benchmark Survey of Foreign Direct Investment in the United States - 2012 forms distribution, the Bureau of Economic Analysis (BEA) shall provide on its Internet site prominent links to a set of finalized survey forms, including instructions and cover letters, comparable to those provided for the 2007 Benchmark Survey of Foreign Direct Investment in the United States report forms. The final forms and letters shall reflect any changes in the survey year, OMB number expiration date, and BEA leadership from those submitted for review.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	02/28/2015	36 Months From Approved
Responses	19,950	0	0
Time Burden (Hours)	194,150	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: The Benchmark Survey of Foreign Direct Investment in the United States obtains universe data on the financial and operating characteristics of U.S. affiliates of foreign companies, and on positions and transactions between U.S. affiliates and their foreign parent groups. These data are needed to measure the size and economic significance of foreign direct investment in the United States, to measure changes in such investment, and to assess its impact on the U.S. economy.

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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-AA80	Final or interim final rulemaking	76 FR 79054	12/21/2011

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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
Benchmark Survey of Foreign Direct Investment in the United States - 2012	2007 BE-12(SF), 2007 BE-12(LF), 2007 BE-12 Claim, 2007 BE-12 Mini	2007 BE-12(LF) ,   2007 BE-12(SF) ,   2007 BE-12 Mini ,   2007 BE-12 Claim for Not Filing

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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	19,950	0	0	19,950	0	0
Annual Time Burden (Hours)	194,150	0	0	194,150	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: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: Currently, there are no burden hours for the BE-12 survey in the burden inventory. Therefore, the estimated burden of 194,150 hours for this periodic collection is shown entirely as a program change. The estimate for the 2012 BE-12 benchmark survey of 194,150 burden hours is less than the respondent burden for the previous (2007) benchmark survey. For the 2007 survey, the estimated burden was 209,650 hours. The decrease in burden largely reflects the elimination of a number of data items from Form BE-12A and Form BE-12B, and increased reporting thresholds which allow more respondents to file on shorter forms.

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Annual Cost to Federal Government: $3,300,000

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]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

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: 01/04/2012

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