Determination of Executive Compensation Benchmark Amount, 26114 [E6-6629]

Download as PDF 26114 Federal Register / Vol. 71, No. 85 / Wednesday, May 3, 2006 / Notices b. Survey of Healthcare Experiences of Patient’s Ambulatory Care, VA Form 10–1465–3—30 minutes. OFFICE OF MANAGEMENT AND BUDGET c. About your VA Prosthetics Care and Service, VA Form 10–0142b—24 minutes. Office of Federal Procurement Policy Determination of Executive Compensation Benchmark Amount d. Survey on Your Home Based Primary Care (HBPC), VA Form 10– 1465–9—15 minutes. e. Customer Satisfaction Survey Nutritional and Food Service, VA Form 10–5387—2 minutes. Frequency of Response: On occasion. Estimated Number of Respondents: 439,400. a. Survey of Healthcare Experiences of Patients Recently Discharged Inpatient, VA Form 10–1465–1—75,000. b. Survey of Healthcare Experiences of Patient’s Ambulatory Care, VA Form 10–1465–3—306,600. c. About your VA Prosthetics Care and Service, VA Form 10–0142b— 21,600. d. Survey on Your Home Based Primary Care (HBPC), VA Form 10– 1465–9—4,800. e. Customer Satisfaction Survey Nutritional and Food Service, VA Form 10–5387—31,400. Estimated Total Annual Responses: 520,400. a. Survey of Healthcare Experiences of Patients Recently Discharged Inpatient, VA Form 10–1465–1—75,000. b. Survey of Healthcare Experiences of Patient’s Ambulatory Care, VA Form 10–1465–3—306,600. c. About your VA Prosthetics Care and Service, VA Form 10–0142b— 10,800. d. Survey on Your Home Based Primary Care (HBPC), VA Form 10– 1465–9—2,400. e. Customer Satisfaction Survey Nutritional and Food Service, VA Form 10–5387—125,600. Dated: April 24, 2006. By direction of the Secretary. Denise McLamb, Program Analyst, Records Management Service. [FR Doc. E6–6709 Filed 5–2–06; 8:45 am] jlentini on PROD1PC65 with NOTICES BILLING CODE 8320–01–P VerDate Aug<31>2005 17:19 May 02, 2006 Jkt 208001 Office of Federal Procurement Policy, OMB. ACTION: Notice. AGENCY: SUMMARY: The Office of Management and Budget (OMB) is hereby publishing the attached memorandum to the heads of executive departments and agencies concerning the determination of the maximum benchmark compensation amount that will be allowable under government contracts during contractors FY 2006—$546,689. This determination is required under Section 39 of the Office of Federal Procurement Policy (OFPP) Act (41 U.S.C. 435), as amended. The benchmark compensation amount applies equally to both defense and civilian procurement agencies. FOR FURTHER INFORMATION CONTACT: Julia B. Wise, Office of Federal Procurement Policy, (202) 395–7561. Clay Johnson III, Acting Director. executive compensation that analyze the relevant data made available by the Securities and Exchange Commission. More specifically, as required by Section 39 of the OFPP Act, the data used is the median (50th percentile) amount of compensation accrued over a recent 12 month period for the top five highest paid executives of public-traded companies with annual sales over $50 million. After consultation with the Director of the Defense Contract Audit Agency, we have determined pursuant to the requirements of Section 39 that the benchmark compensation amount for contractors’ Fiscal Year 2006 is $546,689. This amount is for Fiscal Year 2006 and subsequent contractor fiscal years, unless and until revised by OMB. The benchmark compensation amount applies to contract costs incurred after January 1, 2006, under covered contracts of both the defense and civilian procurement agencies as specified in Section 39 of the OFPP Act (41 U.S.C. 435), as amended. Questions concerning this memorandum may be addressed to Julia B. Wise, Office of Federal Procurement Policy, on (202) 395–7561. [FR Doc. E6–6629 Filed 5–2–06; 8:45 am] BILLING CODE 3110–01–P Memorandum for the Heads of Executive Departments and Agencies From: Clay Johnson III, Acting Director. Subject: Determination of Executive Compensation Benchmark Amount, Pursuant to Section 39 of the Office of Federal Procurement Policy, (OFPP) Act (41 U.S.C. 435), as amended. This memorandum sets forth the benchmark compensation amount as required by Section 39 of the Office of Federal Procurement Policy (OFPP) Act (41 U.S.C. 435), as amended. Under Section 39, the benchmark compensation amount is the median amount of the compensation provided for all senior executives of benchmark corporations for the most recent year for which data is available. The benchmark compensation amount established by Section 39 limits the allowability of compensation costs under government contracts. The benchmark compensation amount does not limit the compensation that an executive may otherwise receive. This amount is based on data from commercially available surveys of PO 00000 Frm 00097 Fmt 4703 Sfmt 4703 MILLENNIUM CHALLENGE CORPORATION [MCC FR 06–08] Notice of Quarterly Report (January 1, 2006—March 31, 2006) Millennium Challenge Corporation. SUMMARY: The Millennium Challenge Corporation (MCC) is reporting for the quarter January 1, 2006 through March 31, 2006 with respect to either assistance provided under section 605 of the Millennium Challenge Act of 2003 (Pub. L. 108–199, Division D (the Act)), or transfers of funds to other Federal agencies pursuant to section 619 of that Act. The following report shall be made available to the public by means of publication in the Federal Register and on the Internet Web site of the MCC (http://www.mcc.gov) in accordance with section 612 (b) of the Act. AGENCY: E:\FR\FM\03MYN1.SGM 03MYN1

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[Federal Register Volume 71, Number 85 (Wednesday, May 3, 2006)]
[Notices]
[Page 26114]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-6629]


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OFFICE OF MANAGEMENT AND BUDGET

Office of Federal Procurement Policy


Determination of Executive Compensation Benchmark Amount

AGENCY: Office of Federal Procurement Policy, OMB.

ACTION: Notice.

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SUMMARY: The Office of Management and Budget (OMB) is hereby publishing 
the attached memorandum to the heads of executive departments and 
agencies concerning the determination of the maximum benchmark 
compensation amount that will be allowable under government contracts 
during contractors FY 2006--$546,689. This determination is required 
under Section 39 of the Office of Federal Procurement Policy (OFPP) Act 
(41 U.S.C. 435), as amended. The benchmark compensation amount applies 
equally to both defense and civilian procurement agencies.

FOR FURTHER INFORMATION CONTACT: Julia B. Wise, Office of Federal 
Procurement Policy, (202) 395-7561.

Clay Johnson III,
Acting Director.

Memorandum for the Heads of Executive Departments and Agencies

From: Clay Johnson III, Acting Director.
Subject: Determination of Executive Compensation Benchmark Amount, 
Pursuant to Section 39 of the Office of Federal Procurement Policy, 
(OFPP) Act (41 U.S.C. 435), as amended.

    This memorandum sets forth the benchmark compensation amount as 
required by Section 39 of the Office of Federal Procurement Policy 
(OFPP) Act (41 U.S.C. 435), as amended. Under Section 39, the benchmark 
compensation amount is the median amount of the compensation provided 
for all senior executives of benchmark corporations for the most recent 
year for which data is available. The benchmark compensation amount 
established by Section 39 limits the allowability of compensation costs 
under government contracts. The benchmark compensation amount does not 
limit the compensation that an executive may otherwise receive. This 
amount is based on data from commercially available surveys of 
executive compensation that analyze the relevant data made available by 
the Securities and Exchange Commission. More specifically, as required 
by Section 39 of the OFPP Act, the data used is the median (50th 
percentile) amount of compensation accrued over a recent 12 month 
period for the top five highest paid executives of public-traded 
companies with annual sales over $50 million. After consultation with 
the Director of the Defense Contract Audit Agency, we have determined 
pursuant to the requirements of Section 39 that the benchmark 
compensation amount for contractors' Fiscal Year 2006 is $546,689. This 
amount is for Fiscal Year 2006 and subsequent contractor fiscal years, 
unless and until revised by OMB. The benchmark compensation amount 
applies to contract costs incurred after January 1, 2006, under covered 
contracts of both the defense and civilian procurement agencies as 
specified in Section 39 of the OFPP Act (41 U.S.C. 435), as amended.
    Questions concerning this memorandum may be addressed to Julia B. 
Wise, Office of Federal Procurement Policy, on (202) 395-7561.

 [FR Doc. E6-6629 Filed 5-2-06; 8:45 am]
BILLING CODE 3110-01-P