Notice of Rate for Use in Federal Debt Collection and Discount and Rebate Evaluation, 61735 [E9-28206]
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Federal Register / Vol. 74, No. 226 / Wednesday, November 25, 2009 / Notices
Waddell, Executive Director at the
following address: 2780 Jetport Road,
Suite A, Kinston, NC 28504.
DEPARTMENT OF THE TREASURY
FOR FURTHER INFORMATION CONTACT:
Rusty Nealis, Program Manager, Atlanta
Airports District Office, 1701 Columbia
Ave., Campus Bldg., Suite 2–260,
College Park, GA 30337, (404) 305–
7142. The application may be reviewed
in person at this same location.
Notice of Rate for Use in Federal Debt
Collection and Discount and Rebate
Evaluation
Fiscal Service
The FAA
is reviewing a request by the North
Carolina Global TransPark Authority to
release 35.19 acres of surplus property
at the Kinston Regional Jetport. The
surplus property will be used to
construct a facility for Spirit
AeroSystems.
Any person may inspect the request
in person at the FAA office listed above
under FOR FURTHER INFORMATION
CONTACT.
In addition, any person may, upon
request, inspect the request, notice and
other documents germane to the request
in person at 2780 Jetport Road, Suite A,
Kinston, NC 28504.
SUPPLEMENTARY INFORMATION:
Issued in Atlanta, Georgia on November 16,
2009.
Scott L. Seritt,
Manager, Atlanta Airports District Office,
Southern Region.
[FR Doc. E9–28207 Filed 11–24–09; 8:45 am]
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AGENCY: Financial Management Service,
Fiscal Service, Treasury.
ACTION: Notice of rate for use in Federal
debt collection and discount and rebate
evaluation.
SUMMARY: Pursuant to Section 11 of the
Debt Collection Act of 1982, as amended
(31 U.S.C. 3717), the Secretary of the
Treasury is responsible for computing
and publishing the percentage rate to be
used in assessing interest charges for
outstanding debts owed to the
Government. Treasury’s Cash
Management Requirements (TFM
Volume I, Part 6, Chapter 8000)
prescribe use of this rate by agencies as
a comparison point in evaluating the
cost effectiveness of a cash discount. In
addition, 5 CFR 1315.8 of the Prompt
Payment rule on ‘‘Rebates’’ requires that
this rate be used in determining when
agencies should pay purchase card
invoices when the card issuer offers a
rebate. Notice is hereby given that the
applicable rate is 1.00 percent for
calendar year 2010.
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61735
DATES: The rate will be in effect for the
period beginning on January 1, 2010,
and ending on December 31, 2010.
FOR FURTHER INFORMATION CONTACT:
Inquiries should be directed to the
Agency Enterprise Solutions Division,
Financial Management Service,
Department of the Treasury, 401 14th
Street, SW., Washington, DC 20227
(Telephone: 202–874–6720).
SUPPLEMENTARY INFORMATION: The rate
reflects the current value of funds to the
Treasury for use in connection with
Federal Cash Management systems and
is based on investment rates set for
purposes of Public Law 95–147, 91 Stat.
1227. Computed each year by averaging
Treasury Tax and Loan (TT&L)
investment rates for the 12-month
period ending every September 30,
rounded to the nearest whole
percentage, for applicability effective
each January 1, the rate is subject to
quarterly revisions if the annual
average, on a moving basis, changes by
2 percentage points. The rate in effect
for the calendar year 2010 reflects the
average investment rates for the 12month period that ended September 30,
2009.
Dated: November 17, 2009.
Sheryl R. Morrow,
Assistant Commissioner, Federal Finance.
[FR Doc. E9–28206 Filed 11–24–09; 8:45 am]
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[Federal Register Volume 74, Number 226 (Wednesday, November 25, 2009)]
[Notices]
[Page 61735]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-28206]
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DEPARTMENT OF THE TREASURY
Fiscal Service
Notice of Rate for Use in Federal Debt Collection and Discount
and Rebate Evaluation
AGENCY: Financial Management Service, Fiscal Service, Treasury.
ACTION: Notice of rate for use in Federal debt collection and discount
and rebate evaluation.
-----------------------------------------------------------------------
SUMMARY: Pursuant to Section 11 of the Debt Collection Act of 1982, as
amended (31 U.S.C. 3717), the Secretary of the Treasury is responsible
for computing and publishing the percentage rate to be used in
assessing interest charges for outstanding debts owed to the
Government. Treasury's Cash Management Requirements (TFM Volume I, Part
6, Chapter 8000) prescribe use of this rate by agencies as a comparison
point in evaluating the cost effectiveness of a cash discount. In
addition, 5 CFR 1315.8 of the Prompt Payment rule on ``Rebates''
requires that this rate be used in determining when agencies should pay
purchase card invoices when the card issuer offers a rebate. Notice is
hereby given that the applicable rate is 1.00 percent for calendar year
2010.
DATES: The rate will be in effect for the period beginning on January
1, 2010, and ending on December 31, 2010.
FOR FURTHER INFORMATION CONTACT: Inquiries should be directed to the
Agency Enterprise Solutions Division, Financial Management Service,
Department of the Treasury, 401 14th Street, SW., Washington, DC 20227
(Telephone: 202-874-6720).
SUPPLEMENTARY INFORMATION: The rate reflects the current value of funds
to the Treasury for use in connection with Federal Cash Management
systems and is based on investment rates set for purposes of Public Law
95-147, 91 Stat. 1227. Computed each year by averaging Treasury Tax and
Loan (TT&L) investment rates for the 12-month period ending every
September 30, rounded to the nearest whole percentage, for
applicability effective each January 1, the rate is subject to
quarterly revisions if the annual average, on a moving basis, changes
by 2 percentage points. The rate in effect for the calendar year 2010
reflects the average investment rates for the 12-month period that
ended September 30, 2009.
Dated: November 17, 2009.
Sheryl R. Morrow,
Assistant Commissioner, Federal Finance.
[FR Doc. E9-28206 Filed 11-24-09; 8:45 am]
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