Notice of Amendment To Compact With the Government of the Republic of Madagascar, 45081-45083 [E8-17706]

Download as PDF Federal Register / Vol. 73, No. 149 / Friday, August 1, 2008 / Notices Original sales receipts of items purchased with USDOL–VETS funding, a copy of the signed SF 269A, signed invoice or signed list of expenditures, a comparison of actual versus planned activities and expenditures, Stand Down After Action Report, and copies of all PSC 272s sent to HHS/PMS are to be submitted to the appropriate DVET/ GOTR. If the DVET/GOTR does not recommend approval of a particular expenditure, he/she will notify the grantee in writing with an explanation for the disapproval and instruct grantee to electronically return the funds within 15 calendar days to the HHS/PMS account if already drawn down. All FY 2008 Stand Down awarded funds must be electronically drawn down by no later than November 30, 2008. If Stand Down funds are not electronically drawn down by the grantee within 90 calendar days following the commencement of the Stand Down event and if practicable, the USDOL may reallocate these funds for other purposes accordingly. Any grantee who fails to comply with the guidance set forth in the Stand Down Special Grant Provisions and reporting requirements will not be considered favorably from any future funding from U.S. Department of Labor Veterans’ Employment and Training Service. mstockstill on PROD1PC66 with NOTICES IX. Agency Contacts Questions regarding this announcement should be directed to the DVET/GOTR in your State. Contact information for each DVET/GOTR is located in the VETS Staff Directory at the following Web page: http:// www.dol.gov/vets/aboutvets/contacts/ main.htm or access the staffing directory at Web site address: http:// www.dol.gov/vets. X. Other Information Current competitive HVRP grantees are not eligible for a separate noncompetitive Stand Down grant award as described in this announcement. Current competitive HVRP grantees are authorized to utilize existing funds for Stand Down purposes. Appendices: (Located on U.S. Department of Labor, Veterans’ Employment and Training Service Web page www.dol.gov/vets follow link for 2008 Stand Down Grants and Required Forms listed under announcements.) Appendix A: Application for Federal Assistance SF–424 Appendix B: Budget Information Sheet SF–424A Appendix C: Certifications and Assurances Signature Page VerDate Aug<31>2005 19:39 Jul 31, 2008 Jkt 214001 Appendix D: Direct Cost Description for Applicants and Sub-Applicants Appendix E: Survey on Ensuring Equal Opportunity for Applicants Appendix F: Stand Down After Action Report OMB Information Collection No. 1205–0458 Expires September 30, 2009 According to the Paperwork Reduction Act of 1995, no persons are required to respond to a collection of information unless such collection displays a valid OMB control number. Public reporting burden for this collection of information is estimated to average 20 hours per response, including time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. Send comments regarding the burden estimated or any other aspect of this collection of information, including suggestions for reducing this burden, to: OIRA Desk Officer for VETS/DOL, Office of Management and Budget, 725 17th St., NW., Washington, DC 20503. Please do not send your completed application to the OMB. Send it to the sponsoring agency as specified in this solicitation. Signed at Washington, DC, this 25th day of July 2008. Cassandra Mitchell, Grant Officer. [FR Doc. E8–17622 Filed 7–31–08; 8:45 am] BILLING CODE 4510–79–P MILLENNIUM CHALLENGE CORPORATION [MCC FR 08–08] Notice of Amendment To Compact With the Government of the Republic of Madagascar Millennium Challenge Corporation. ACTION: Notice. AGENCY: SUMMARY: In accordance with Section 609(i)(2) of the Millennium Challenge Act of 2003, as amended (Pub. L. 108– 199, Division D), the Millennium Challenge Corporation is publishing a summary, justification and the complete text of the Amendment to Millennium Challenge Compact between the United States of America, acting through the Millennium Challenge Corporation, and the Government of the Republic of Madagascar. Representatives of the United States Government and the Government of the Republic of Madagascar executed the Amendment documents on July 24, 2008 and July 15, 2008, respectively. PO 00000 Frm 00125 Fmt 4703 Sfmt 4703 45081 Dated: July 29, 2008. Henry Pitney, Deputy General Counsel, Millennium Challenge Corporation. Summary of Amendment to Millennium Challenge Compact With the Government of the Republic of Madagascar The Board of Directors of the Millennium Challenge Corporation (MCC) has approved an amendment (the Amendment) to the existing approximately $109.8 million, four-year Millennium Challenge Compact between the United States of America, acting through MCC, and the Government of the Republic of Madagascar (the Compact). Background The Compact was signed April 18, 2005, entered into force on July 27, 2005 and, under its original terms, would have terminated on July 26, 2009. It is the only compact entered into by MCC with a four-year rather than a five-year term. The main objectives of the Compact consist of raising incomes in rural areas by increasing land rights security and improving land administration capacity, expanding the financial sector, and increasing investment in farms and other rural businesses in five high-potential geographic zones. The extension of the Compact term is intended to allow a more complete achievement of the Compact’s goals and enhance the sustainability of the investments being made under the Compact. Scope of the Amendment The Amendment extends the term of the Compact for a single additional year without making changes to either the scope of program activities or the level of funds currently obligated under the Compact. The Amendment also conforms the Compact’s administrative winding up provision to the related provision in other compacts that have been entered into since the Compact was signed. Finally, the Amendment updates information with respect to the title of the MCC principal representative under the Compact. Reasons for the Amendment The Government of Madagascar is unlikely to achieve all of the project objectives as defined in the Compact by its original termination date in July 2009. While MCC’s and the Government of Madagascar’s efforts continue to keep Compact objective realization moving forward and are resulting in increased disbursement rates, the time allotted for implementation of several major E:\FR\FM\01AUN1.SGM 01AUN1 45082 Federal Register / Vol. 73, No. 149 / Friday, August 1, 2008 / Notices contracts is insufficient to reach certain targets. In certain cases, MCC was not willing to allow construction contracts to be entered into absent a five-year term for the Compact. With an extension of one year to the term of the Compact, the likelihood of achieving project objectives will improve substantially, and the probability of sustaining these activities once Compact funding ceases will increase. The fifth year extension will better position the Government of Madagascar to fully implement the Compact’s planned activities, achieve the targets set forth in the Compact’s monitoring and evaluation plan, and ultimately better allow for the sustainable poverty reduction impact contemplated by the Compact. Examples of the implementation activities that will be supported by the additional year of the Compact term include the following. mstockstill on PROD1PC66 with NOTICES A. Land Tenure Project The extended term will provide the Compact’s Land Tenure Project time to better implement activities related to the modernization and decentralization of land services and information gathering and dissemination in Madagascar. One component of these activities is the construction of decentralized land offices in beneficiary communities and the rehabilitation or new construction of regional Land Administration offices. The fifth year will reduce the risk that planned construction will not be completed and provide time for an adequate guarantee period following the completion of construction. The extended term will also help ensure the sustainability of the reforms achieved and implemented through the Land Tenure Project by allowing additional time for the provision of adequate technical assistance to strengthen the institutional and human resource capacity of the land services providers at the regional and local levels. B. Finance Project The amended Compact term will provide the time necessary to allow the largest activity in the Finance Project— the creation of a national payment system—to be more effectively completed. The additional year will provide the time necessary to build the Central Bank of Madagascar’s technical capacity to operate and sustain the system. The extended Compact term will also allow adequate time for the construction of the new branches for the Madagascar National Savings Bank contemplated by the Compact, a critical activity aimed at providing low-cost savings accounts to the people of four VerDate Aug<31>2005 19:39 Jul 31, 2008 Jkt 214001 districts in rural Madagascar where such accounts currently are unavailable. C. Agriculture Business Investment Project (ABIP) The one-year extension of the Compact term will provide ABIP time to broaden and deepen its activities related to increasing farm and small business revenue and investment opportunities. It will provide an opportunity for farmers to work with project staff to adopt improved production techniques during additional crop production cycles. In addition, it will provide time for an adequate guarantee period following the completion of the construction of the agricultural business centers that will serve as regional hubs for post-Compact technical assistance. The additional year will also allow the agricultural business centers to further test and strengthen their operational model to better ensure that delivery of services to farmers, associations and rural small enterprises can be sustained into the future. Million Seven Hundred and SeventyThree Thousand United States Dollars (US$109,773,000) during the Compact Term to enable the Government to implement the Program and achieve the Objectives outlined in the Compact; Whereas, to better facilitate the proper implementation and achievement of certain of the Objectives, MCC and the Government wish to extend the Compact Term for one additional year; and Whereas, pursuant to Section 5.3 of the Compact, the Parties desire to amend the Compact as set forth in this Amendment; Now, therefore, in consideration of the foregoing and the mutual covenants and agreements set forth herein and in the Compact, the Parties hereby agree as follows: Amendment to Section 1.3 Section 1.3 of the Compact is amended by deleting the last sentence in its entirety and replacing it with the following: Amendment to Millennium Challenge Compact Between the Government of the Republic of Madagascar and the United States of America Acting Through the Millennium Challenge Corporation This Compact shall remain in force for five years from the date of entry into force of this Compact, unless earlier terminated in accordance with Section 5.4 (the ‘‘Compact Term’’). Amendment to Millennium Challenge Compact Section 5.1 of the Compact is amended by replacing the notice information for MCC with the following: This Amendment to Millennium Challenge Compact (this ‘‘Amendment’’) is made by and between the Government of the Republic of Madagascar (the ‘‘Government’’) (referred to herein individually as a ‘‘Party’’ and collectively, the ‘‘Parties’’), and the United States of America, acting through the Millennium Challenge Corporation, a United States Government corporation (‘‘MCC’’). All capitalized terms used in this Amendment that are not otherwise defined have the meanings given to such terms in the Compact. Recitals Whereas, MCC and the Government signed the Millennium Challenge Compact by and between the United States of America, acting through the MCC, and the Government, on April 18, 2005 (the ‘‘Compact’’); Whereas, the Compact currently provides for a Compact Term of four years from the date of the Compact’s entry into force, July 27, 2005; Whereas, pursuant to the Compact, MCC grants to the Government, subject to the terms and conditions of the Compact, MCC Funding in an amount not to exceed One Hundred Nine PO 00000 Frm 00126 Fmt 4703 Sfmt 4703 Amendment to Section 5.1 To MCC: Millennium Challenge Corporation, Attention: Vice President for Compact Implementation (with a copy to the Vice President and General Counsel), 875 15th Street, NW., Washington, DC 20005, United States of America, Facsimile: (202) 521–3700, E-mail: VPImplementation@mcc.gov (Vice President for Compact Implementation); VPGeneralCounsel@mcc.gov (Vice President and General Counsel). Amendment to Section 5.2 Section 5.2 of the Compact is amended by deleting the words ‘‘Vice President for Country Relations’’ and replacing them with ‘‘Vice President for Compact Implementation.’’ Amendment to Section 5.4(e) Section 5.4(e) of the Compact is amended by deleting the text of the section in its entirety and replacing it with the following: All MCC Funding shall terminate upon the expiration, suspension, or termination of this Compact; provided, however, that MCC Funding may be used, in compliance with this Compact and any relevant Supplemental Agreement, to pay for (i) reasonable expenditures for goods, works and services that are properly incurred under or in furtherance of this Compact before the E:\FR\FM\01AUN1.SGM 01AUN1 Federal Register / Vol. 73, No. 149 / Friday, August 1, 2008 / Notices expiration, suspension or termination of this Compact, provided that the request for such payment is properly submitted within sixty (60) days after such expiration, suspension or termination, and (ii) reasonable expenditures (including administrative expenses) properly incurred in connection with the winding up of the Program within one-hundred and twenty (120) days after the expiration, suspension or termination of this Compact. Further Assurances Each Party hereby covenants and agrees, without necessity of any further consideration, to execute and deliver any and all such further documents and take any and all such other action as may be reasonably necessary or appropriate to carry out the intent and purpose of this Amendment. Effect of This Amendment From and after the date this Amendment enters into force in accordance with Section 8 of this Amendment, the Compact and this Amendment shall be read together and construed as one document, and each reference in the Compact to the ‘‘Compact,’’ ‘‘hereunder,’’ ‘‘hereof’’ or words of like import referring to the Compact, and each reference to the ‘‘Compact,’’ ‘‘thereunder,’’ ‘‘thereof’’ or words of like import in any Supplemental Agreement or in any other document or instrument delivered pursuant to the Compact or any Supplemental Agreement, shall mean and be construed as a reference to the Compact, as amended by this Amendment. mstockstill on PROD1PC66 with NOTICES Limitations Except as expressly amended by this Amendment, all of the provisions of the Compact remain unchanged and in full force and effect. Entry Into Force of This Amendment This Amendment shall enter into force upon its signature by each of the Parties. Signature page begins on the next page. In witness whereof, the undersigned, duly authorized by their respective governments, have signed this Amendment at: Antananarivo, Madagascar on July 15, 2008, by Marius Ratolojanahary, Minister of Land Reform, Estate and Country Planning for the Government of the Republic of Madagascar; and Washington, DC, United States of America on July 24, 2008, by Darius Mans, Vice President for Compact Implementation, Millennium Challenge Corporation, on behalf of the United States of America. [FR Doc. E8–17706 Filed 7–31–08; 8:45 am] BILLING CODE 9211–03–P VerDate Aug<31>2005 19:39 Jul 31, 2008 Jkt 214001 NUCLEAR REGULATORY COMMISSION Agency Information Collection Activities: Proposed Collection; Comment Request U.S. Nuclear Regulatory Commission (NRC). ACTION: Notice of pending NRC action to submit an information collection request to the Office of Management and Budget (OMB) and solicitation of public comment. AGENCY: SUMMARY: The NRC is preparing a submittal to OMB for review of continued approval of information collections under the provisions of the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35). Information pertaining to the requirement to be submitted: 1. The title of the information collection: NRC Form 396, ‘‘Certification of Medical Examination by Facility Licensee.’’ 2. Current OMB approval number: 3150–0024. 3. How often the collection is required: Upon application for an initial operator license, every six years for the renewal of operator or senior operator license, and upon notices of disability. 4. Who is required or asked to report: Facility licensees who are tasked with certifying the medical fitness of an applicant or licensee. 5. The number of annual respondents: 137. 6. The number of hours needed annually to complete the requirement or request: 793 (323 hours for reporting [.25 hours per response], and 470 hours for recordkeeping [3.4 hours per recordkeeper]. 7. Abstract: NRC Form 396 is used to transmit information to the NRC regarding the medical condition of applicants for initial operator licenses or renewal of operator licenses and for the maintenance of medical records for all licensed operators. The information is used to determine whether the physical condition and general health of applicants for operator licensees is such that the applicant would not be expected to cause operational errors and endanger public health and safety. Submit, by September 30, 2008, comments that address the following questions: 1. Is the proposed collection of information necessary for the NRC to properly perform its functions? Does the information have practical utility? 2. Is the burden estimate accurate? 3. Is there a way to enhance the quality, utility, and clarity of the information to be collected? PO 00000 Frm 00127 Fmt 4703 Sfmt 4703 45083 4. How can the burden of the information collection be minimized, including the use of automated collection techniques or other forms of information technology? A copy of the draft supporting statement may be viewed free of charge at the NRC Public Document Room, One White Flint North, 11555 Rockville Pike, Room O–1 F21, Rockville, MD 20852. OMB clearance requests are available at the NRC worldwide Web site: http://www.nrc.gov/public-involve/ doc-comment/omb/index.html. The document will be available on the NRC home page site for 60 days after the signature date of this notice. Comments submitted in writing or in electronic form will be made available for public inspection. Because your comments will not be edited to remove any identifying or contact information, the NRC cautions you against including any information in your submission that you do not want to be publicly disclosed. Comments submitted should reference Docket No. NRC–2008–0416. You may submit your comments by any of the following methods. Electronic comments: Go to http:// www.regulations.gov and search for Docket No. NRC–2008–0416. Mail comments to NRC Clearance Officer, Russell Nichols (T–5 F52), U.S. Nuclear Regulatory Commission, Washington, DC 20555–0001. Questions about the information collection requirements may be directed to the NRC Clearance Officer, Russell Nichols (T–5 F52), U.S. Nuclear Regulatory Commission, Washington, DC 20555–0001, by telephone at 301–415–6874, or by e-mail to INFOCOLLECTS.Resource@NRC.GOV. Dated at Rockville, Maryland, this 24th day of July 2008. For the Nuclear Regulatory Commission. Tremaine Donnell, Acting NRC Clearance Officer, Office of Information Service. [FR Doc. E8–17663 Filed 7–31–08; 8:45 am] BILLING CODE 7590–01–P NUCLEAR REGULATORY COMMISSION [Docket No. 50–293] In the Matter of: Entergy Nuclear Operations, Inc.; Entergy Nuclear Generation Company (Pilgrim Nuclear Power Station); Order Approving Indirect Transfer of Facility Operating License I Entergy Nuclear Operations, Inc. (ENO) and Entergy Nuclear Generation E:\FR\FM\01AUN1.SGM 01AUN1

Agencies

[Federal Register Volume 73, Number 149 (Friday, August 1, 2008)]
[Notices]
[Pages 45081-45083]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-17706]


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MILLENNIUM CHALLENGE CORPORATION

[MCC FR 08-08]


Notice of Amendment To Compact With the Government of the 
Republic of Madagascar

AGENCY: Millennium Challenge Corporation.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: In accordance with Section 609(i)(2) of the Millennium 
Challenge Act of 2003, as amended (Pub. L. 108-199, Division D), the 
Millennium Challenge Corporation is publishing a summary, justification 
and the complete text of the Amendment to Millennium Challenge Compact 
between the United States of America, acting through the Millennium 
Challenge Corporation, and the Government of the Republic of 
Madagascar. Representatives of the United States Government and the 
Government of the Republic of Madagascar executed the Amendment 
documents on July 24, 2008 and July 15, 2008, respectively.

    Dated: July 29, 2008.
Henry Pitney,
Deputy General Counsel, Millennium Challenge Corporation.

Summary of Amendment to Millennium Challenge Compact With the 
Government of the Republic of Madagascar

    The Board of Directors of the Millennium Challenge Corporation 
(MCC) has approved an amendment (the Amendment) to the existing 
approximately $109.8 million, four-year Millennium Challenge Compact 
between the United States of America, acting through MCC, and the 
Government of the Republic of Madagascar (the Compact).

Background

    The Compact was signed April 18, 2005, entered into force on July 
27, 2005 and, under its original terms, would have terminated on July 
26, 2009. It is the only compact entered into by MCC with a four-year 
rather than a five-year term. The main objectives of the Compact 
consist of raising incomes in rural areas by increasing land rights 
security and improving land administration capacity, expanding the 
financial sector, and increasing investment in farms and other rural 
businesses in five high-potential geographic zones. The extension of 
the Compact term is intended to allow a more complete achievement of 
the Compact's goals and enhance the sustainability of the investments 
being made under the Compact.

Scope of the Amendment

    The Amendment extends the term of the Compact for a single 
additional year without making changes to either the scope of program 
activities or the level of funds currently obligated under the Compact. 
The Amendment also conforms the Compact's administrative winding up 
provision to the related provision in other compacts that have been 
entered into since the Compact was signed. Finally, the Amendment 
updates information with respect to the title of the MCC principal 
representative under the Compact.

Reasons for the Amendment

    The Government of Madagascar is unlikely to achieve all of the 
project objectives as defined in the Compact by its original 
termination date in July 2009. While MCC's and the Government of 
Madagascar's efforts continue to keep Compact objective realization 
moving forward and are resulting in increased disbursement rates, the 
time allotted for implementation of several major

[[Page 45082]]

contracts is insufficient to reach certain targets. In certain cases, 
MCC was not willing to allow construction contracts to be entered into 
absent a five-year term for the Compact. With an extension of one year 
to the term of the Compact, the likelihood of achieving project 
objectives will improve substantially, and the probability of 
sustaining these activities once Compact funding ceases will increase.
    The fifth year extension will better position the Government of 
Madagascar to fully implement the Compact's planned activities, achieve 
the targets set forth in the Compact's monitoring and evaluation plan, 
and ultimately better allow for the sustainable poverty reduction 
impact contemplated by the Compact.
    Examples of the implementation activities that will be supported by 
the additional year of the Compact term include the following.

A. Land Tenure Project

    The extended term will provide the Compact's Land Tenure Project 
time to better implement activities related to the modernization and 
decentralization of land services and information gathering and 
dissemination in Madagascar. One component of these activities is the 
construction of decentralized land offices in beneficiary communities 
and the rehabilitation or new construction of regional Land 
Administration offices. The fifth year will reduce the risk that 
planned construction will not be completed and provide time for an 
adequate guarantee period following the completion of construction. The 
extended term will also help ensure the sustainability of the reforms 
achieved and implemented through the Land Tenure Project by allowing 
additional time for the provision of adequate technical assistance to 
strengthen the institutional and human resource capacity of the land 
services providers at the regional and local levels.

B. Finance Project

    The amended Compact term will provide the time necessary to allow 
the largest activity in the Finance Project--the creation of a national 
payment system--to be more effectively completed. The additional year 
will provide the time necessary to build the Central Bank of 
Madagascar's technical capacity to operate and sustain the system. The 
extended Compact term will also allow adequate time for the 
construction of the new branches for the Madagascar National Savings 
Bank contemplated by the Compact, a critical activity aimed at 
providing low-cost savings accounts to the people of four districts in 
rural Madagascar where such accounts currently are unavailable.

C. Agriculture Business Investment Project (ABIP)

    The one-year extension of the Compact term will provide ABIP time 
to broaden and deepen its activities related to increasing farm and 
small business revenue and investment opportunities. It will provide an 
opportunity for farmers to work with project staff to adopt improved 
production techniques during additional crop production cycles. In 
addition, it will provide time for an adequate guarantee period 
following the completion of the construction of the agricultural 
business centers that will serve as regional hubs for post-Compact 
technical assistance. The additional year will also allow the 
agricultural business centers to further test and strengthen their 
operational model to better ensure that delivery of services to 
farmers, associations and rural small enterprises can be sustained into 
the future.

Amendment to Millennium Challenge Compact Between the Government of the 
Republic of Madagascar and the United States of America Acting Through 
the Millennium Challenge Corporation

Amendment to Millennium Challenge Compact

    This Amendment to Millennium Challenge Compact (this ``Amendment'') 
is made by and between the Government of the Republic of Madagascar 
(the ``Government'') (referred to herein individually as a ``Party'' 
and collectively, the ``Parties''), and the United States of America, 
acting through the Millennium Challenge Corporation, a United States 
Government corporation (``MCC''). All capitalized terms used in this 
Amendment that are not otherwise defined have the meanings given to 
such terms in the Compact.

Recitals

    Whereas, MCC and the Government signed the Millennium Challenge 
Compact by and between the United States of America, acting through the 
MCC, and the Government, on April 18, 2005 (the ``Compact'');
    Whereas, the Compact currently provides for a Compact Term of four 
years from the date of the Compact's entry into force, July 27, 2005;
    Whereas, pursuant to the Compact, MCC grants to the Government, 
subject to the terms and conditions of the Compact, MCC Funding in an 
amount not to exceed One Hundred Nine Million Seven Hundred and 
Seventy-Three Thousand United States Dollars (US$109,773,000) during 
the Compact Term to enable the Government to implement the Program and 
achieve the Objectives outlined in the Compact;
    Whereas, to better facilitate the proper implementation and 
achievement of certain of the Objectives, MCC and the Government wish 
to extend the Compact Term for one additional year; and
    Whereas, pursuant to Section 5.3 of the Compact, the Parties desire 
to amend the Compact as set forth in this Amendment;
    Now, therefore, in consideration of the foregoing and the mutual 
covenants and agreements set forth herein and in the Compact, the 
Parties hereby agree as follows:
Amendment to Section 1.3
    Section 1.3 of the Compact is amended by deleting the last sentence 
in its entirety and replacing it with the following:

    This Compact shall remain in force for five years from the date 
of entry into force of this Compact, unless earlier terminated in 
accordance with Section 5.4 (the ``Compact Term'').
Amendment to Section 5.1
    Section 5.1 of the Compact is amended by replacing the notice 
information for MCC with the following:

To MCC: Millennium Challenge Corporation, Attention: Vice President 
for Compact Implementation (with a copy to the Vice President and 
General Counsel), 875 15th Street, NW., Washington, DC 20005, United 
States of America, Facsimile: (202) 521-3700, E-mail: 
VPImplementation@mcc.gov (Vice President for Compact 
Implementation); VPGeneralCounsel@mcc.gov (Vice President and 
General Counsel).
Amendment to Section 5.2
    Section 5.2 of the Compact is amended by deleting the words ``Vice 
President for Country Relations'' and replacing them with ``Vice 
President for Compact Implementation.''
Amendment to Section 5.4(e)
    Section 5.4(e) of the Compact is amended by deleting the text of 
the section in its entirety and replacing it with the following:

    All MCC Funding shall terminate upon the expiration, suspension, 
or termination of this Compact; provided, however, that MCC Funding 
may be used, in compliance with this Compact and any relevant 
Supplemental Agreement, to pay for (i) reasonable expenditures for 
goods, works and services that are properly incurred under or in 
furtherance of this Compact before the

[[Page 45083]]

expiration, suspension or termination of this Compact, provided that 
the request for such payment is properly submitted within sixty (60) 
days after such expiration, suspension or termination, and (ii) 
reasonable expenditures (including administrative expenses) properly 
incurred in connection with the winding up of the Program within 
one-hundred and twenty (120) days after the expiration, suspension 
or termination of this Compact.

Further Assurances

    Each Party hereby covenants and agrees, without necessity of any 
further consideration, to execute and deliver any and all such further 
documents and take any and all such other action as may be reasonably 
necessary or appropriate to carry out the intent and purpose of this 
Amendment.

Effect of This Amendment

    From and after the date this Amendment enters into force in 
accordance with Section 8 of this Amendment, the Compact and this 
Amendment shall be read together and construed as one document, and 
each reference in the Compact to the ``Compact,'' ``hereunder,'' 
``hereof'' or words of like import referring to the Compact, and each 
reference to the ``Compact,'' ``thereunder,'' ``thereof'' or words of 
like import in any Supplemental Agreement or in any other document or 
instrument delivered pursuant to the Compact or any Supplemental 
Agreement, shall mean and be construed as a reference to the Compact, 
as amended by this Amendment.

Limitations

    Except as expressly amended by this Amendment, all of the 
provisions of the Compact remain unchanged and in full force and 
effect.

Entry Into Force of This Amendment

    This Amendment shall enter into force upon its signature by each of 
the Parties. Signature page begins on the next page.
    In witness whereof, the undersigned, duly authorized by their 
respective governments, have signed this Amendment at:
    Antananarivo, Madagascar on July 15, 2008, by Marius 
Ratolojanahary, Minister of Land Reform, Estate and Country Planning 
for the Government of the Republic of Madagascar; and
    Washington, DC, United States of America on July 24, 2008, by 
Darius Mans, Vice President for Compact Implementation, Millennium 
Challenge Corporation, on behalf of the United States of America.

[FR Doc. E8-17706 Filed 7-31-08; 8:45 am]
BILLING CODE 9211-03-P