Discount Rates for Cost-Effectiveness Analysis of Federal Programs, 66996-66997 [E9-30054]
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Federal Register / Vol. 74, No. 241 / Thursday, December 17, 2009 / Notices
The last notification was filed with
the Department on September 8, 2009.
A notice was published in the Federal
Register pursuant to Section 6(b) of the
Act on October 22, 2009 (74 FR 54594).
Patricia A. Brink,
Deputy Director of Operations, Antitrust
Division.
[FR Doc. E9–29949 Filed 12–16–09; 8:45 am]
6(b) of the Act on February 25, 2008 (73
FR 10064).
The last notification was filed with
the Department on August 25, 2009. A
notice was published in the Federal
Register on September 30, 2009 (74 FR
50245).
BILLING CODE 4410–11–M
Patricia A. Brink,
Deputy Director of Operations, Antitrust
Division.
[FR Doc. E9–29945 Filed 12–16–09; 8:45 am]
DEPARTMENT OF JUSTICE
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Antitrust Division
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Notice Pursuant to the National
Cooperative Research and Production
Act of 1993—Cooperative Research
Group on Clean Diesel V
Notice is hereby given that, on
November 9, 2009, pursuant to Section
6(a) of the National Cooperative
Research and Production Act of 1993,
15 U.S.C. 4301 et seq. (‘‘the Act’’),
Southwest Research Institute—
Cooperative Research Group on Clean
Diesel V (‘‘Clean Diesel V’’) has filed
written notifications simultaneously
with the Attorney General and the
Federal Trade Commission disclosing
changes in its membership. The
notifications were filed for the purpose
of extending the Act’s provisions
limiting the recovery of antitrust
plaintiffs to actual damages under
specified circumstances. Specifically,
the following parties have withdrawn
from this venture: BORGWARNER,
Auburn Hills, MI; Caterpillar, Inc.,
Mossville, IL; Chrysler, LLC, Auburn
Hills, MI; Delphi, Troy, MI; Emitec,
Lohmar, GERMANY; Ford Motor
Company, Dearborn, MI; Hitachi
Automotive Systems, Advanced
Technical Center, Ibaragi Prefecture,
JAPAN; Modine Mfg. Co., Racine, WI;
NGK Spark Plug Co., Ltd., Nagoya,
JAPAN; Nissan Technical Center N.A.,
Inc., Farrnington Hills, MI; Usui
Kokusai Sangyo Kaisha, Ltd., Shizuokaken, JAPAN; Valeo, Cedex, FRANCE;
and Yuchai Machinery Co., Ltd.,
Guangxi, PEOPLE’S REPUBLIC OF
CHINA.
No other changes have been made in
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On January 10, 2008, Clean Diesel V
filed its original notification pursuant to
Section 6(a) of the Act. The Department
of Justice published a notice in the
Federal Register pursuant to Section
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DEPARTMENT OF JUSTICE
Antitrust Division
Notice Pursuant to The National
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Act of 1993—Open SystemC Initiative
Notice is hereby given that, on
November 12, 2009, pursuant to Section
6(a) of the National Cooperative
Research and Production Act of 1993,
15 U.S.C. 4301 et seq. (‘‘the Act’’), Open
SystemC Initiative (‘‘OSCI’’) has filed
written notifications simultaneously
with the Attorney General and the
Federal Trade Commission disclosing
changes in its membership. The
notifications were filed for the purpose
of extending the Act’s provisions
limiting the recovery of antitrust
plaintiffs to actual damages under
specified circumstances. Specifically,
Qualcomm Incorporated, San Diego, CA
has been added as a party to this
venture.
No other changes have been made in
either the membership or planned
activity of the group research project.
Membership in this group research
project remains open, and OSCI intends
to file additional written notifications
disclosing all changes in membership.
On October 9, 2001, OSCI filed its
original notification pursuant to Section
6(a) of the Act. The Department of
Justice published a notice in the Federal
Register pursuant to Section 6(b) of the
Act on January 3, 2002 (67 FR 350).
The last notification was filed with
the Department on July 1, 2009. A
notice was published in the Federal
Register pursuant to Section 6(b) of the
Act on August 21, 2009 (74 FR 42330).
Patricia A. Brink,
Deputy Director of Operations, Antitrust
Division.
[FR Doc. E9–29950 Filed 12–16–09; 8:45 am]
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OFFICE OF MANAGEMENT AND
BUDGET
Discount Rates for Cost-Effectiveness
Analysis of Federal Programs
AGENCY: Office of Management and
Budget.
ACTION: Revisions to Appendix C of
OMB Circular A–94.
SUMMARY: The Office of Management
and Budget revised Circular A–94 in
1992. The revised Circular specified
certain discount rates to be updated
annually when the interest rate and
inflation assumptions used to prepare
the budget of the United States
Government were changed. These
discount rates are found in Appendix C
of the revised Circular. The updated
discount rates are shown below. The
discount rates in Appendix C are to be
used for cost-effectiveness analysis,
including lease-purchase analysis, as
specified in the revised Circular. They
do not apply to regulatory analysis.
DATES: The revised discount rates are
effective immediately and will be in
effect through December 2010.
FOR FURTHER INFORMATION CONTACT:
Robert B. Anderson, Office of Economic
Policy, Office of Management and
Budget, (202) 395–3381.
Jeffrey B. Liebman,
Associate Director for Economic Policy, Office
of Management and Budget.
Attachment
OMB Circular No. A–94
Appendix C
(Revised December 2009)
Discount Rates for Cost-Effectiveness,
Lease Purchase, and Related Analyses
Effective Dates. This appendix is
updated annually. This version of the
appendix is valid for calendar year
2010. A copy of the updated appendix
can be obtained in electronic form
through the OMB home page at https://
www.whitehouse.gov/omb/
circulars_a094_a94_appx-c/, the text of
the main body of the Circular is found
at https://www.whitehouse.gov/omb/
assets/a94/a094.pdf, and a table of past
years’ rates is located at https://
www.whitehouse.gov/omb/assets/a94/
dishist.pdf. Updates of the appendix are
also available upon request from OMB’s
Office of Economic Policy (202–395–
3381).
Nominal Discount Rates. A forecast of
nominal or market interest rates for
2010 based on the economic
assumptions for the Fiscal Year 2011
Budget are presented below. These
nominal rates are to be used for
E:\FR\FM\17DEN1.SGM
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66997
Federal Register / Vol. 74, No. 241 / Thursday, December 17, 2009 / Notices
discounting nominal flows, which are
often encountered in lease-purchase
analysis.
NOMINAL INTEREST RATES ON TREASURY NOTES AND BONDS OF SPECIFIED MATURITIES
[In percent]
3-Year
5-Year
7-Year
10-Year
20-Year
30-Year
2.3
3.1
3.5
3.9
4.4
4.5
Real Discount Rates. A forecast of real
interest rates from which the inflation
premium has been removed and based
on the economic assumptions from the
2011 Budget is presented below. These
real rates are to be used for discounting
constant-dollar flows, as is often
required in cost-effectiveness analysis.
REAL INTEREST RATES ON TREASURY NOTES AND BONDS OF SPECIFIED MATURITIES
([In percent]
3-Year
5-Year
7-Year
10-Year
20-Year
30-Year
0.9
1.6
1.9
2.2
2.7
2.7
Analyses of programs with terms
different from those presented above
may use a linear interpolation. For
example, a four-year project can be
evaluated with a rate equal to the
average of the three-year and five-year
rates. Programs with durations longer
than 30 years may use the 30-year
interest rate.
[FR Doc. E9–30054 Filed 12–16–09; 8:45 am]
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NATIONAL SCIENCE FOUNDATION
Notice of Permit Applications Received
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Under the Antarctic Conservation Act
of 1978 (Pub. L. 95–541)
AGENCY: National Science Foundation.
ACTION: Notice of Permit Modification
Received under the Antarctic
Conservation Act of 1978, Public Law
95–541.
SUMMARY: The National Science
Foundation (NSF) is required to publish
a notice of requests to modify permits
issued to conduct activities regulated
under the Antarctic Conservation Act of
1978. NSF has published regulations
under the Antarctic Conservation Act at
Title 45 Part 670 of the Code of Federal
Regulations. This is the required notice
of a requested permit modification.
DATES: Interested parties are invited to
submit written data, comments, or
views with respect to this permit
application by January 19, 2010. Permit
applications may be inspected by
interested parties at the Permit Office,
address below.
ADDRESSES: Comments should be
addressed to Permit Office, Room 755,
Office of Polar Programs, National
VerDate Nov<24>2008
13:19 Dec 16, 2009
Jkt 220001
Science Foundation, 4201 Wilson
Boulevard, Arlington, Virginia 22230.
FOR FURTHER INFORMATION CONTACT:
Nadene G. Kennedy at the above
address or (703) 292–7405.
SUPPLEMENTARY INFORMATION: The
National Science Foundation, as
directed by the Antarctic Conservation
Act of 1978 (Pub. L. 95–541), as
amended by the Antarctic Science,
Tourism and Conservation Act of 1996,
has developed regulations for the
establishment of a permit system for
various activities in Antarctica and
designation of certain animals and
certain geographic areas a requiring
special protection. The regulations
establish such a permit system to
designate Antarctic Specially Protected
Areas.
Description of Permit Modification
Requested: The Foundation issued a
permit (2009–014) to Dr. Douglas P.
Nowacek, Duke University on January 7,
2009. The issued permit allows the
applicant to tag up to 100 Humpback
and Minke whales each.
The applicant requests to collect skin
and blubber samples from an additional
100 Humpback and Minke whales each.
Samples will be used to determine
genetic stock structure of the animals
sampled as well as individual genetic
identification and sex determination.
Skin samples will also be collected to
stable isotope analysis that provides
information on the diet composition of
individual whales.
Location: Antarctic Peninsula waters.
Dates: January 1, 2010 to July 31,
2010.
Nadene G. Kennedy,
Permit Officer, Office of Polar Programs.
[FR Doc. E9–29979 Filed 12–16–09; 8:45 am]
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NUCLEAR REGULATORY
COMMISSION
[Docket Nos.: 70–7003, 70–7004; NRC–
2009–0177]
USEC, Inc.; American Centrifuge Plant;
American Centrifuge Lead Cascade
Facility; Notice of Withdrawal of
License Transfer Application and
Consideration of Approval of
Application Regarding Proposed
Corporate Restructuring and
Conforming Amendment
The U.S. Nuclear Regulatory
Commission (NRC) has granted a
request from USEC Inc. (USEC) to
withdraw its February 10, 2009
(Agencywide Documents Access and
Management System [ADAMS]
Accession No. ML090850065), request
for written consent to transfer control of
Material Licenses SNM–7003 and SNM–
2011 (American Centrifuge Lead
Cascade Facility [LCF] and American
Centrifuge Plant [ACP], respectively)
from USEC to a subsidiary limited
liability company (LLC) under the
provisions of 10 Code of Regulations
(CFR) 70.36. The request was
supplemented by letters dated June 12,
2009 (ADAMS Accession No.
ML091670085, Supplement to Request
for Written Consent to Transfer of
Licenses), and June 17, 2009 (ADAMS
Accession No. ML091970393, Draft
Financial Assurance Instrument
Associated with Request for Transfer of
Licenses).
Under their request, USEC proposed
to modify its existing corporate
structure and requested NRC consent to
transfer control of Material Licenses
SNM–7003 and SNM–2011 from USEC
Inc. to the subsidiary American
Centrifuge Operating, LLC. In addition,
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]]>Agencies
[Federal Register Volume 74, Number 241 (Thursday, December 17, 2009)]
[Notices]
[Pages 66996-66997]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-30054]
=======================================================================
-----------------------------------------------------------------------
OFFICE OF MANAGEMENT AND BUDGET
Discount Rates for Cost-Effectiveness Analysis of Federal
Programs
AGENCY: Office of Management and Budget.
ACTION: Revisions to Appendix C of OMB Circular A-94.
-----------------------------------------------------------------------
SUMMARY: The Office of Management and Budget revised Circular A-94 in
1992. The revised Circular specified certain discount rates to be
updated annually when the interest rate and inflation assumptions used
to prepare the budget of the United States Government were changed.
These discount rates are found in Appendix C of the revised Circular.
The updated discount rates are shown below. The discount rates in
Appendix C are to be used for cost-effectiveness analysis, including
lease-purchase analysis, as specified in the revised Circular. They do
not apply to regulatory analysis.
DATES: The revised discount rates are effective immediately and will be
in effect through December 2010.
FOR FURTHER INFORMATION CONTACT: Robert B. Anderson, Office of Economic
Policy, Office of Management and Budget, (202) 395-3381.
Jeffrey B. Liebman,
Associate Director for Economic Policy, Office of Management and
Budget.
Attachment
OMB Circular No. A-94
Appendix C
(Revised December 2009)
Discount Rates for Cost-Effectiveness, Lease Purchase, and Related
Analyses
Effective Dates. This appendix is updated annually. This version of
the appendix is valid for calendar year 2010. A copy of the updated
appendix can be obtained in electronic form through the OMB home page
at https://www.whitehouse.gov/omb/circulars_a094_a94_appx-c/, the
text of the main body of the Circular is found at https://www.whitehouse.gov/omb/assets/a94/a094.pdf, and a table of past years'
rates is located at https://www.whitehouse.gov/omb/assets/a94/dishist.pdf. Updates of the appendix are also available upon request
from OMB's Office of Economic Policy (202-395-3381).
Nominal Discount Rates. A forecast of nominal or market interest
rates for 2010 based on the economic assumptions for the Fiscal Year
2011 Budget are presented below. These nominal rates are to be used for
[[Page 66997]]
discounting nominal flows, which are often encountered in lease-
purchase analysis.
Nominal Interest Rates on Treasury Notes and Bonds of Specified Maturities
[In percent]
----------------------------------------------------------------------------------------------------------------
3-Year 5-Year 7-Year 10-Year 20-Year 30-Year
----------------------------------------------------------------------------------------------------------------
2.3 3.1 3.5 3.9 4.4 4.5
----------------------------------------------------------------------------------------------------------------
Real Discount Rates. A forecast of real interest rates from which
the inflation premium has been removed and based on the economic
assumptions from the 2011 Budget is presented below. These real rates
are to be used for discounting constant-dollar flows, as is often
required in cost-effectiveness analysis.
Real Interest Rates on Treasury Notes and Bonds of Specified Maturities
([In percent]
----------------------------------------------------------------------------------------------------------------
3-Year 5-Year 7-Year 10-Year 20-Year 30-Year
----------------------------------------------------------------------------------------------------------------
0.9 1.6 1.9 2.2 2.7 2.7
----------------------------------------------------------------------------------------------------------------
Analyses of programs with terms different from those presented
above may use a linear interpolation. For example, a four-year project
can be evaluated with a rate equal to the average of the three-year and
five-year rates. Programs with durations longer than 30 years may use
the 30-year interest rate.
[FR Doc. E9-30054 Filed 12-16-09; 8:45 am]
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