Application and Renewal Fees Imposed on Surety Companies and Reinsuring Companies; Increase in Fees Imposed, 196-197 [06-9948]

Download as PDF 196 Federal Register / Vol. 72, No. 1 / Wednesday, January 3, 2007 / Notices determination that an Applicant that is a prior Fund awardee or allocatee under any Fund program whose award or allocation terminated in default of such prior agreement and the Fund has provided written notification of such determination to such organization, the Fund reserves the right, in its sole discretion, to delay entering into an Award Agreement and/or to delay making a disbursement of award proceeds. Further, if, within the 12month period prior to entering into an Award Agreement under this NOFA, the Fund has made a final determination that another entity which Controls the Applicant, is Controlled by the Applicant or shares common management officials with the Applicant (as determined by the Fund), is a prior Fund awardee or allocatee under any Fund program, and whose award or allocation terminated in default of such prior agreement(s) and has provided written notification of such determination to the defaulting entity, the Fund reserves the right, in its sole discretion, to delay entering into an Award Agreement and/or to delay making a disbursement of award proceeds. B. Award Agreement After the Fund selects an Awardee, the Fund and the Awardee will enter into an Award Agreement. The Award Agreement shall provide that an Awardee shall: (i) Carry out its Qualified Activities in accordance with applicable law, the approved application, and all other applicable requirements; (ii) comply with such other terms and conditions (including recordkeeping and reporting requirements) that the Fund may establish; and (iii) not receive any monies until the Fund has determined that the Awardee has fulfilled all applicable requirements. C. Administrative and National Policy Requirements Not applicable. D. Reporting and Accounting Not applicable. rwilkins on PROD1PC63 with NOTICES X. Agency Contacts The Fund will respond to questions and provide support concerning this NOFA and the funding application between the hours of 9 a.m. and 5 p.m. ET, starting the date of the publication of this NOFA through close of business March 13, 2007 for the FY 2007 funding round (one business day before the application deadline) and through close of business March 11, 2008 for the FY VerDate Aug<31>2005 19:02 Dec 29, 2006 Jkt 211001 2008 funding round (one business day before the application deadline). The Fund will not respond to questions or provide support concerning the application after 5 p.m. ET on March 13, 2007 for the FY 2007 funding round, until after the application deadline of March 15, 2007. The Fund will not respond to questions or provide support concerning the application after 5 p.m. ET on March 11, 2008 for the FY 2008 funding round, until after the application deadline of March 13, 2008. Applications and other information regarding the Fund and its programs may be downloaded and printed from the Fund’s Web site at http:// www.cdfifund.gov. The Fund will post on its website responses to questions of general applicability regarding the BEA Program. A. Information Technology Support: Technical support can be obtained by calling (202) 622–2455 or by e-mail at ithelpdesk@cdfi.treas.gov. People who have visual or mobility impairments that prevent them from creating a Distressed Community map using the Fund’s website should call (202) 622– 2455 for assistance. These are not toll free numbers. B. Programmatic Support: If you have any questions about the programmatic requirements of this NOFA, contact the Fund’s Program office by e-mail at cdfihelp@cdfi.treas.gov, by telephone at (202) 622–6355, by facsimile at (202) 622–7754, or by mail at CDFI Fund, 601 13th Street, NW., Suite 200 South, Washington, DC 20005. These are not toll-free numbers. C. Grants Management Support: If you have any questions regarding the administrative requirements of this NOFA, including questions regarding submission requirements, contact the Fund’s Grants Manager by e-mail at grantsmanagement@cdfi.treas.gov, by telephone at (202) 622–8226, by facsimile at (202) 622–6453, or by mail at CDFI Fund, 601 13th Street, NW., Suite 200 South, Washington, DC 20005. These are not toll free numbers. D. Compliance and Monitoring Support: If you have any questions regarding the compliance requirements of this NOFA, including questions regarding performance on prior awards, contact the Fund’s Compliance Manager by e-mail at cme@cdfi.treas.gov, by telephone at (202) 622–8226, by facsimile at (202) 622–6453, or by mail at CDFI Fund, 601 13th Street, NW., Suite 200 South, Washington, DC 20005. These are not toll free numbers. E. Legal Counsel Support: If you have any questions or matters that you believe require response by the Fund’s Office of Legal Counsel, please refer to PO 00000 Frm 00099 Fmt 4703 Sfmt 4703 the document titled ‘‘How to Request a Legal Review,’’ found on the Fund’s Web site at http://www.cdfifund.gov. Further, if you wish to review the Award Agreement form document from a prior funding round, you may find it posted on the Fund’s website (please note that there may be revisions to the Award Agreement that will be used for Awardees under this NOFA and thus the sample document on the Fund’s website should not be relied upon for purposes of this NOFA). F. Communication with the CDFI Fund: The Fund will use its myCDFIFund Internet interface to communicate with Applicants and Awardees under this NOFA. Awardees must use myCDFIFund to submit required reports. The Fund will notify Awardees by e-mail using the addresses maintained in each Awardee’s myCDFIFund account. Therefore, the Awardee and any Subsidiaries, signatories, and Affiliates must maintain accurate contact information (including contact person and authorized representative, e-mail addresses, fax numbers, phone numbers, and office addresses) in their myCDFIFund account(s). For more information about myCDFIFund, please see the Help documents posted at https:// www.cdfifund.gov/myCDFI/Help/ Help.asp. Authority: 12 U.S.C. 1834a, 4703, 4703 note, 4713; 12 CFR part 1806. Dated: December 20, 2006. Peter Dugas, Acting Director, Community Development Financial Institutions Fund. [FR Doc. E6–22334 Filed 12–29–06; 8:45 am] BILLING CODE 4810–70–P DEPARTMENT OF THE TREASURY Fiscal Service Application and Renewal Fees Imposed on Surety Companies and Reinsuring Companies; Increase in Fees Imposed Financial Management Service, Fiscal Service, Department of the Treasury. SUMMARY: Effective December 31, 2006, The Department of the Treasury, Financial Management Service, is increasing the fees it imposes on and collects from surety companies and reinsuring companies. FOR FURTHER INFORMATION CONTACT: Surety Board Branch at (202) 874–6765. SUPPLEMENTARY INFORMATION: The fees imposed and collected, as referred to in 31 CFR 223.22, cover the costs incurred AGENCY: E:\FR\FM\03JAN1.SGM 03JAN1 Federal Register / Vol. 72, No. 1 / Wednesday, January 3, 2007 / Notices rwilkins on PROD1PC63 with NOTICES by the Government for services performed relative to qualifying corporate sureties to write Federal business. These fees are determined in accordance with the Office of Management and Budget Circular A–25, As amended. The change in fees is the result of a thorough analysis of costs associated with the Surety Bond Branch. The new fee rate schedule is as follows: (1) Examination of a company’s application for a Certificate of Authority as an acceptable surety or as an VerDate Aug<31>2005 19:02 Dec 29, 2006 Jkt 211001 acceptable reinsuring company on Federal bonds—$8,025. (2) Determination of a company’s continued qualification for annual renewal of its Certificate of Authority— $4,710. (3) Examination of a company’s application for recognition as an Admitted Reinsurer (except on excess risks running to the United States)— $2,835. (4) Determination of a company’s continued qualification for annual renewal of its authority as an Admitted Reinsurer—$2,010. PO 00000 Frm 00100 Fmt 4703 Sfmt 4703 197 Questions concerning this notice should be directed to the Surety Bond Branch, Financial Accounting and Service Division, Financial Management Service, Department of the Treasury, 3700 East West Highway, Room 6F01, Hyattsville, MD 20782, Telephone (202) 874–6850. Dated: December 21, 2006. Janice P. Lucas, Assistant Commissioner, Financial Operations, Financial Management Service. [FR Doc. 06–9948 Filed 12–29–06; 8:45 am] BILLING CODE 4810–35–M E:\FR\FM\03JAN1.SGM 03JAN1

Agencies

[Federal Register Volume 72, Number 1 (Wednesday, January 3, 2007)]
[Notices]
[Pages 196-197]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 06-9948]


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DEPARTMENT OF THE TREASURY

Fiscal Service


Application and Renewal Fees Imposed on Surety Companies and 
Reinsuring Companies; Increase in Fees Imposed

AGENCY: Financial Management Service, Fiscal Service, Department of the 
Treasury.

SUMMARY: Effective December 31, 2006, The Department of the Treasury, 
Financial Management Service, is increasing the fees it imposes on and 
collects from surety companies and reinsuring companies.

FOR FURTHER INFORMATION CONTACT: Surety Board Branch at (202) 874-6765.

SUPPLEMENTARY INFORMATION: The fees imposed and collected, as referred 
to in 31 CFR 223.22, cover the costs incurred

[[Page 197]]

by the Government for services performed relative to qualifying 
corporate sureties to write Federal business. These fees are determined 
in accordance with the Office of Management and Budget Circular A-25, 
As amended. The change in fees is the result of a thorough analysis of 
costs associated with the Surety Bond Branch.
    The new fee rate schedule is as follows:
    (1) Examination of a company's application for a Certificate of 
Authority as an acceptable surety or as an acceptable reinsuring 
company on Federal bonds--$8,025.
    (2) Determination of a company's continued qualification for annual 
renewal of its Certificate of Authority--$4,710.
    (3) Examination of a company's application for recognition as an 
Admitted Reinsurer (except on excess risks running to the United 
States)--$2,835.
    (4) Determination of a company's continued qualification for annual 
renewal of its authority as an Admitted Reinsurer--$2,010.
    Questions concerning this notice should be directed to the Surety 
Bond Branch, Financial Accounting and Service Division, Financial 
Management Service, Department of the Treasury, 3700 East West Highway, 
Room 6F01, Hyattsville, MD 20782, Telephone (202) 874-6850.

    Dated: December 21, 2006.
Janice P. Lucas,
Assistant Commissioner, Financial Operations, Financial Management 
Service.
[FR Doc. 06-9948 Filed 12-29-06; 8:45 am]
BILLING CODE 4810-35-M