Supporting Statement for 008_Final

DFC-008

[OMB-3015-XXXX]

Development Outcomes Survey

SUPPORTING STATEMENT FOR APPROVAL

1. Justification

1. Legal authority for this information collection is found in the Better Utilization of Investments Leading to Development Act of 2018 (the “BUILD Act”), Public Law 115-254. DFC-008 Development Outcomes Survey is the principal document to be used by the U.S. International Development Finance Corporation (“DFC”) to determine the developmental impact a project will conduct.

2. The Development Outcomes Survey will be the principal document used by the agency to determine the investor’s and the project’s annual developmental impact in the region and be used for project development rescoring.

3. This form is completed with the use of a web-based application. This provides a secure and efficient means for applicants to transmit the required information to the agency.

3. The information collected is not duplicated elsewhere. The information is not already available in any other electronic form and would not be requested by another federal agency or lending institution since it is applicable solely to DFC’s portfolio.

3. DFC’s applicants include large and small businesses and entrepreneurs. Questions asked of applicants will be based on their project size, project financing type, and sector of which they operate in via smart logic in the form.

3. Without a form to collect the information, the amount of staff time needed to gather the requisite information would be significantly greater and would result in multiple requests for information from program users. This would reduce the amount of time that could be devoted to working with applicants/clients and credit analysis and underwriting, thereby reducing the productivity and administrative efficiency of the DFC.

3. No special circumstances exist that require the information collection to be conducted in a manner inconsistent with the guidelines of the Paperwork Reduction Act and OMB's implementing regulations.

3. The first Federal Register Notice was published on July 10, 2020 (85 FR 41573). The agency received 1 set of public comments and, pursuant to those comments, made 7 edits. The second Federal Register Notice was published on October 27, 2020 (85 FR 68060)

3. No payments and gifts are offered to respondents.

3. When trade secrets or confidential commercial or financial information are submitted to the agency in this collection, they will be held in confidence to the extent permitted by applicable law including the Freedom of Information Act (“FOIA”) at 5 U.S.C. section 552(b)(4) and the agency’s implementing regulations at 22 C.F.R. Part 706.

3. Not applicable. None of the questions on this form are of a sensitive nature.

3. The estimated burden of collecting this information is as follows:

800 respondents

x 1 per respondent

=800 total annual responses

x 2.0 hours per average respondent

=1600 respondent hours

x $75 per hour for personnel, record-keeping, overhead

$120,000 total cost to respondents

Respondents only complete the form once per request of DFC support.

3. The estimated annualized cost to respondents is as follows:

   1. Total capital and start-up costs: $0

   2. Total operation and maintenance costs: $0.

All costs associated with the form are part of the normal cost of doing business. Since all submissions will be electronic and stored on DFC’s secure servers, there will be no postage or storage costs.

3. The estimated annualized cost to the Federal government is as follows:

800	respondents per year
x 1	per respondent
800	total annual responses
x 1	average hours to review one response
800	total federal hours
x $58.13	GS-14/1 (DCB) hourly wage
$46504.00	total cost to the Federal government

3. This is a new information collection.

3. Not applicable. Information provided in the application is not published.

3. Not applicable. The OMB expiration date will be printed on each form.

3. Not applicable. No exceptions are being requested on the certification statement.

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