Benchmark Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons

Forms and Documents

Document Name	Status
Form BE-120 Benchmark Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons for State, Local and Tribal Governments Form and Instruction	Modified
Form BE-120 Benchmark Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons for Profit and Not for Profit Companies Form and Instruction	Modified
Form BE-120 Benchmark Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons Exemption Claim for State, Local, or Tribal Governments Form and Instruction	New
Form BE-120 Benchmark Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons Exemption Claim for Profit and Not for Profit Companies Form and Instruction	New
0608-0052 BE-120 supporting statement (A) 8-12-11.docx Supporting Statement A	2011-08-12
BE-120 supportingstatementSectionB.doc Supporting Statement B	2011-07-28

IC Document Collections

IC ID	Document Title	Status
44841	Benchmark Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons for State, Local and Tribal Governments Form and Instruction	Modified
3725	Benchmark Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons for Profit and Not for Profit Companies Form and Instruction	Modified
198677	Benchmark Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons Exemption Claim for State, Local, or Tribal Governments Form and Instruction	New
198675	Benchmark Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons Exemption Claim for Profit and Not for Profit Companies Form and Instruction	New

ICR Details

OMB Control No: 0608-0058	ICR Reference No: 201112-0608-002
Status: Historical Active	Previous ICR Reference No: 200612-0608-018
Agency/Subagency: DOC/EASA	Agency Tracking No: 200606-0608-120
Title: Benchmark Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons
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: 12/20/2011
	Date Received in OIRA: 12/20/2011
Terms of Clearance: Prior to the commencement of the Benchmark Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons 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. 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	10/31/2014	36 Months From Approved
Responses	15,000	0	0
Time Burden (Hours)	105,000	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: This survey will obtain universe data on transactions in selected services and intellectual property with foreign persons. The data are needed, among other purposes, to develop U.S. trade policy initiatives, including trade negotiations, and to compile the U.S. international transactions and the national income and product accounts.

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Authorizing Statute(s): US Code: 22 USC 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-AA76	Final or interim final rulemaking	76 FR 234	12/06/2011

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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: 4

IC Title	Form No.	Form Name
Benchmark Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons Exemption Claim for State, Local, or Tribal Governments	BE-120	Benchmark Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons
Benchmark Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons for Profit and Not for Profit Companies	BE-120	Benchmark Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons
Benchmark Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons for State, Local and Tribal Governments	BE-120	Benchmark Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons
Benchmark Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons Exemption Claim for Profit and Not for Profit Companies	BE-120	Benchmark Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons

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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	15,000	0	0	15,000	0	0
Annual Time Burden (Hours)	105,000	0	0	105,000	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: The two major reasons for the increase in burden are: 1) The universe of companies with transactions in selected services and intellectual property has grown since the survey was last conducted five years ago and 2) The addition of the contract manufacturing services.

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Annual Cost to Federal Government: $735,000

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: 08/16/2011

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