Small Business Subcontracting: Correction, 59798 [2013-23257]

Download as PDF mstockstill on DSK4VPTVN1PROD with RULES 59798 Federal Register / Vol. 78, No. 189 / Monday, September 30, 2013 / Rules and Regulations holding company pursuant to section 165(i)(2) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, changes in regulatory capital ratios and any other capital ratios specified by the Board of the depository institution subsidiary over the planning horizon, including an explanation of the most significant causes for the changes in regulatory capital ratios. (2) State member banks that are subsidiaries of bank holding companies. A state member bank that is a subsidiary of a bank holding company will satisfy the public disclosure requirements under section 165(i)(2) of the DoddFrank Wall Street Reform and Consumer Protection Act when the bank holding company publicly discloses summary results of its stress test pursuant to this section or section 252.148 of this part, unless the Board determines that the disclosures at the holding company level do not adequately capture the potential impact of the scenarios on the capital of the state member bank. In this case, the state member bank must make the same disclosure as required by paragraph (b)(3) of this section. (3) State member banks that are not subsidiaries of bank holding companies. A state member bank that is not a subsidiary of a bank holding company must disclose, at a minimum, the following information regarding the severely adverse scenario: (i) A description of the types of risks being included in the stress test; (ii) A summary description of the methodologies used in the stress test; (iii) Estimates of— (A) Aggregate losses; (B) Pre-provision net revenue (C) Provision for loan and lease losses; (D) Net income; and (E) Pro forma regulatory capital ratios and any other capital ratios specified by the Board; and (iv) An explanation of the most significant causes for the changes in regulatory capital ratios. (c) Content of results. (1) The disclosure of aggregate losses, preprovision net revenue, provision for loan and lease losses, and net income that is required under paragraph (b) of this section must be on a cumulative basis over the planning horizon. (2) The disclosure of pro forma regulatory capital ratios and any other capital ratios specified by the Board that is required under paragraph (b) of this section must include the beginning value, ending value and minimum value of each ratio over the planning horizon. VerDate Mar<15>2010 16:39 Sep 27, 2013 Jkt 229001 By order of the Board of Governors of the Federal Reserve System, September 24, 2013. Robert deV. Frierson, Secretary of the Board. [FR Doc. 2013–23619 Filed 9–27–13; 8:45 am] PART 125—GOVERNMENT CONTRACTING PROGRAMS 1. The authority citation for part 125 continues to read as follows: ■ Authority: 15 U.S.C. 632(p), (q); 634(b)(6); 637; 644 and 657(f); Pub. L. 111–240, section 1321. BILLING CODE 6210–01–P SMALL BUSINESS ADMINISTRATION § 125.3 13 CFR Part 125 ■ RIN 3245–AG22 Small Business Subcontracting: Correction U.S. Small Business Administration. ACTION: Correcting amendments. AGENCY: This document contains corrections to the final regulations [FR Doc. 2013–169671, which were published in the Federal Register on Tuesday, July 16, 2013 (78 FR 42391). The document amended SBA’s regulations governing small business subcontracting to implement provisions of the Small Business Jobs Act of 2010. This correction amends a crossreference contained in the regulations. DATES: Effective September 30, 2013 and is applicable beginning August 15, 2013. FOR FURTHER INFORMATION CONTACT: Dean Koppel, Office of Government Contracting, U.S. Small Business Administration, 409 Third Street SW., 8th Floor, Washington, DC 20416. SUPPLEMENTARY INFORMATION: SUMMARY: Background On July 16, 2013, at 78 FR 42392 (available at https://www.gpo.gov/fdsys/ pkg/FR-2013-07-16/pdf/201316967.pdf). SBA published a final rule on subcontracting to implement provisions of the Small Business Jobs Act of 2010. The final rule established SBA’s policies for subcontracting compliance, including assignment of compliance responsibilities between contracting offices, small business offices, and program offices. Need for correction. As published, the final regulations contain incorrect cross-references which may prove to be misleading and need to be clarified. The cross reference in 13 CFR section 125.3(g)(4) to ‘‘paragraphs (g)(2)(i) and (g)(2)(ii)’’ is corrected to refer to ‘‘paragraphs (g)(1)(i) and (g)(1)(ii).’’ List of Subjects in 13 CFR Part 125 Government contracting programs, Small business subcontracting program. Accordingly, 13 CFR Part 125 is corrected by making the following correcting amendments: PO 00000 Frm 00024 Fmt 4700 [Amended] 2. Amend paragraph (g)(4) of § 125.3 to read as follows: Sfmt 4700 § 125.3 Subcontracting assistance. * * * * * (g) * * * (4) A contracting officer shall include a significant evaluation factor for the criteria described in paragraphs (g)(1)(i) and (g)(1)(ii) of this section in a bundled contract or order as defined in § 125.2. * * * * * Dated: September 19, 2013. Calvin Jenkins, Deputy Associate Administrator for Government Contracting and Business Development. [FR Doc. 2013–23257 Filed 9–27–13; 8:45 am] BILLING CODE 8025–01–M DEPARTMENT OF TRANSPORTATION Federal Aviation Administration 14 CFR Part 39 [Docket No. FAA–2012–0985; Directorate Identifier 2011–NM–250–AD; Amendment 39–17585; AD 2013–19–03] RIN 2120–AA64 Airworthiness Directives; The Boeing Company Airplanes Federal Aviation Administration (FAA), DOT. ACTION: Final rule. AGENCY: We are adopting a new airworthiness directive (AD) for certain The Boeing Company Model 737–600, –700, –700C, –800, –900, and –900ER series airplanes. This AD was prompted by a report of chafing damage to a wire bundle that was arcing to hydraulic tubing and caused by insufficient separation between the wire bundle and the hydraulic tubing in the main landing gear (MLG) wheel well. This AD requires an inspection for damage of wire bundles and hydraulic tubing on the right side of the forward bulkhead of the MLG wheel well; installation of new clamps; and corrective actions, as applicable. We are issuing this AD to detect and correct possible damage caused by insufficient separation between the wire bundles and hydraulic SUMMARY: E:\FR\FM\30SER1.SGM 30SER1

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[Federal Register Volume 78, Number 189 (Monday, September 30, 2013)]
[Rules and Regulations]
[Page 59798]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-23257]


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SMALL BUSINESS ADMINISTRATION

13 CFR Part 125

RIN 3245-AG22


Small Business Subcontracting: Correction

AGENCY: U.S. Small Business Administration.

ACTION: Correcting amendments.

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SUMMARY: This document contains corrections to the final regulations 
[FR Doc. 2013-169671, which were published in the Federal Register on 
Tuesday, July 16, 2013 (78 FR 42391). The document amended SBA's 
regulations governing small business subcontracting to implement 
provisions of the Small Business Jobs Act of 2010.
    This correction amends a cross-reference contained in the 
regulations.

DATES: Effective September 30, 2013 and is applicable beginning August 
15, 2013.

FOR FURTHER INFORMATION CONTACT: Dean Koppel, Office of Government 
Contracting, U.S. Small Business Administration, 409 Third Street SW., 
8th Floor, Washington, DC 20416.

SUPPLEMENTARY INFORMATION:

Background

    On July 16, 2013, at 78 FR 42392 (available at https://www.gpo.gov/fdsys/pkg/FR-2013-07-16/pdf/2013-16967.pdf). SBA published a final rule 
on subcontracting to implement provisions of the Small Business Jobs 
Act of 2010.
    The final rule established SBA's policies for subcontracting 
compliance, including assignment of compliance responsibilities between 
contracting offices, small business offices, and program offices. Need 
for correction.
    As published, the final regulations contain incorrect cross-
references which may prove to be misleading and need to be clarified. 
The cross reference in 13 CFR section 125.3(g)(4) to ``paragraphs 
(g)(2)(i) and (g)(2)(ii)'' is corrected to refer to ``paragraphs 
(g)(1)(i) and (g)(1)(ii).''

List of Subjects in 13 CFR Part 125

    Government contracting programs, Small business subcontracting 
program.

    Accordingly, 13 CFR Part 125 is corrected by making the following 
correcting amendments:

PART 125--GOVERNMENT CONTRACTING PROGRAMS

0
1. The authority citation for part 125 continues to read as follows:

    Authority:  15 U.S.C. 632(p), (q); 634(b)(6); 637; 644 and 
657(f); Pub. L. 111-240, section 1321.


Sec.  125.3  [Amended]

0
2. Amend paragraph (g)(4) of Sec.  125.3 to read as follows:


Sec.  125.3  Subcontracting assistance.

* * * * *
    (g) * * *
    (4) A contracting officer shall include a significant evaluation 
factor for the criteria described in paragraphs (g)(1)(i) and 
(g)(1)(ii) of this section in a bundled contract or order as defined in 
Sec.  125.2.
* * * * *

    Dated: September 19, 2013.
Calvin Jenkins,
Deputy Associate Administrator for Government Contracting and Business 
Development.
[FR Doc. 2013-23257 Filed 9-27-13; 8:45 am]
BILLING CODE 8025-01-M
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