Advisory Committee for Environmental Research and Education; Notice of Meeting, 7881 [2011-3058]
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7881
Federal Register / Vol. 76, No. 29 / Friday, February 11, 2011 / Notices
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ruggles.brinda@dol.gov.
Signed in Washington, DC, this 8th day of
February 2011.
Eric Luetkenhaus,
Grant Officer, Employment and Training
Administration.
[FR Doc. 2011–3151 Filed 2–10–11; 8:45 am]
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OFFICE OF MANAGEMENT AND
BUDGET
Discount Rates for Cost-Effectiveness
Analysis of Federal Programs
Office of Management and
Budget.
ACTION: Revisions to Appendix C of
OMB Circular A–94.
AGENCY:
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 2011.
FOR FURTHER INFORMATION CONTACT:
Robert B. Anderson, Office of Economic
Policy, Office of Management and
Budget, (202) 395–3381.
Alexandre Mas,
Associate Director for Economic Policy, Office
of Management and Budget.
valid for calendar year 2011. 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/
circulars_a094/, and a table of past years’
rates is located at https://
www.whitehouse.gov/sites/default/files/omb/
assets/a94/dischist.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 2011
based on the economic assumptions for the
Fiscal Year 2012 Budget are presented below.
These nominal rates are to be used for
discounting nominal flows, which are often
encountered in lease-purchase analysis.
Attachment
APPENDIX C
(Revised December 2010)
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
SUMMARY:
DISCOUNT RATES FOR COST–
EFFECTIVENESS, LEASE PURCHASE, AND
RELATED ANALYSES
Effective Dates. This appendix is updated
annually. This version of the appendix is
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
1.4
1.9
2.4
3.0
3.9
4.2
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 2012 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
0.0
0.4
0.8
1.3
2.1
2.3
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. 2011-3044 Filed 2-10-11; 8:45 am]
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NATIONAL SCIENCE FOUNDATION
Advisory Committee for Environmental
Research and Education; Notice of
Meeting
In accordance with the Federal
Advisory Committee Act (Pub. L. 92–
463, as amended), the National Science
VerDate Mar<15>2010
18:55 Feb 10, 2011
Jkt 223001
Foundation announces the following
meeting:
Agenda
Name: Advisory Committee for
Environmental Research and Education,
#9487.
Dates: March 16, 2011, 8:30 a.m.–5 p.m.
and March 17, 2011, 8:30 a.m.–2 p.m.
Place: Stafford I, Room 1235, National
Science Foundation, 4201 Wilson Blvd.,
Arlington, Virginia 22230.
Type of Meeting: Open.
Contact Person: Beth Zelenski, National
Science Foundation, Suite 705, 4201 Wilson
Blvd., Arlington, Virginia 22230. Phone 703–
292–8500.
Minutes: May be obtained from the contact
person listed above.
Purpose of Meeting: To provide advice,
recommendations, and oversight concerning
support for environmental research and
education.
• Update on recent NSF environmental
activities.
• Update on national and international
environmental collaborations.
• Meeting with the NSF Director.
PO 00000
Frm 00075
Fmt 4703
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March 16
March 17
• Update on NSF’s Science, Engineering
and Education for Sustainability portfolio
(SEES).
Dated: February 8, 2011.
Susanne Bolton,
Committee Management Officer.
[FR Doc. 2011–3058 Filed 2–10–11; 8:45 am]
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Agencies
[Federal Register Volume 76, Number 29 (Friday, February 11, 2011)]
[Notices]
[Page 7881]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-3058]
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NATIONAL SCIENCE FOUNDATION
Advisory Committee for Environmental Research and Education;
Notice of Meeting
In accordance with the Federal Advisory Committee Act (Pub. L. 92-
463, as amended), the National Science Foundation announces the
following meeting:
Name: Advisory Committee for Environmental Research and
Education, 9487.
Dates: March 16, 2011, 8:30 a.m.-5 p.m. and March 17, 2011, 8:30
a.m.-2 p.m.
Place: Stafford I, Room 1235, National Science Foundation, 4201
Wilson Blvd., Arlington, Virginia 22230.
Type of Meeting: Open.
Contact Person: Beth Zelenski, National Science Foundation,
Suite 705, 4201 Wilson Blvd., Arlington, Virginia 22230. Phone 703-
292-8500.
Minutes: May be obtained from the contact person listed above.
Purpose of Meeting: To provide advice, recommendations, and
oversight concerning support for environmental research and
education.
Agenda
March 16
Update on recent NSF environmental activities.
Update on national and international environmental
collaborations.
Meeting with the NSF Director.
March 17
Update on NSF's Science, Engineering and Education for
Sustainability portfolio (SEES).
Dated: February 8, 2011.
Susanne Bolton,
Committee Management Officer.
[FR Doc. 2011-3058 Filed 2-10-11; 8:45 am]
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