Benchmark Survey of U.S. Direct Investment Abroad--2014

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form BE-10A Benchmark Survey of U.S. Direct Investment Abroad--2014	Form and Instruction	Modified	Available
2014 BE-10 List of Proposed Changes v2.doc	Supplementary Document	Uploaded 2014-11-06	Available
2014 BE-10 Supporting Statement Part B 06202014.doc	Supporting Statement B	Uploaded 2014-07-01	Available
2014 BE-10 Supporting Statement Part A v2.doc	Supporting Statement A	Uploaded 2014-11-06	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
3718	Benchmark Survey of U.S. Direct Investment Abroad--2014	Form and Instruction	Modified

ICR Details

OMB Control No: 0608-0049	ICR Reference No: 201406-0608-001
Status: Historical Inactive	Previous ICR Reference No: 200912-0608-003
Agency/Subagency: DOC/EASA	Agency Tracking No:
Title: Benchmark Survey of U.S. Direct Investment Abroad--2014
Type of Information Collection: Reinstatement with change of a previously approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Preapproved	Conclusion Date: 11/06/2014
	Date Received in OIRA: 08/19/2014
Terms of Clearance: Prior to the commencement of the Benchmark Survey of U.S. Direct Investment Abroad--2014 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, FAQs, and cover letters. The final forms, instructions, FAQs, and letters shall reflect any changes in the form contents, survey year, OMB number expiration date, and BEA leadership from those submitted for review.

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	11/30/2017	36 Months From Approved
Responses	3,900	0	0
Time Burden (Hours)	561,100	0	0
Cost Burden (Dollars)	0	0	0

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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 non-benchmark 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.

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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

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
0691-AA83	Proposed rulemaking	79 FR 47599	08/14/2014

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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

table that charts list of burden

IC Title	Form No.	Form Name
Benchmark Survey of U.S. Direct Investment Abroad--2014	BE-10A, BE-10B, BE-11C, BE-11D, BE-10 Claim for Not Filing	Report for U.S. Reporter ,   Report for Foreign Affiliate ,   Report for Foreign Affiliate ,   Report for Foreign Affiliate ,   Claim for Not Filing

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ICR Summary of Burden

table that charts list 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	3,900	0	0	3,900	0	0
Annual Time Burden (Hours)	561,100	0	0	561,100	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: This request is for a reinstatement, with change, of a previously approved collection. Currently, there are no burden hours for the BE-10 survey in the inventory maintained by OMB. Therefore, the estimated burden of 561,100 hours is shown entirely as a program change.

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Annual Cost to Federal Government: $3,850,000

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: 08/19/2014

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