Prompt Payment Interest Rate; Contract Disputes Act, 424 [2013-31205]

Download as PDF mstockstill on DSK4VPTVN1PROD with NOTICES 424 Federal Register / Vol. 79, No. 2 / Friday, January 3, 2014 / Notices pursuant to 49 U.S.C. 10502(b). A final decision will be issued by April 4, 2014. Any offer of financial assistance (OFA) under 49 CFR 1152.27(b)(2) will be due no later than 10 days after service of a decision granting the petition for exemption. Each OFA must be accompanied by a $1,600 filing fee. See 49 CFR 1002.2(f)(25). All interested persons should be aware that, following abandonment of rail service and salvage of the line, the line may be suitable for other public use, including interim trail use. Any request for a public use condition under 49 CFR 1152.28 or for trail use/rail banking under 49 CFR 1152.29 will be due no later than January 23, 2014. Each trail use request must be accompanied by a $250 filing fee. See 49 CFR 1002.2(f)(27). However, NSR states that, because it seeks abandonment to allow expansion of Roanoke’s facilities, NSR is unwilling to negotiate interim trail use. All filings in response to this notice must refer to Docket No. AB 290 (SubNo. 351X) and must be sent to: (1) Surface Transportation Board, 395 E Street SW., Washington, DC 20423– 0001; and (2) Robert A. Wimbish, Baker & Miller PLLC, 2401 Pennsylvania Avenue NW., Suite 300, Washington, DC 20037. Replies to the petition are due on or before January 23, 2014. Persons seeking further information concerning abandonment procedures may contact the Board’s Office of Public Assistance, Governmental Affairs and Compliance at (202) 245–0238 or refer to the full abandonment or discontinuance regulations at 49 CFR pt. 1152. Questions concerning environmental issues may be directed to the Board’s Office of Environmental Analysis (OEA) at (202) 245–0305. Assistance for the hearing impaired is available through the Federal Information Relay Service (FIRS) at 1– 800–877–8339. An environmental assessment (EA) (or environmental impact statement (EIS), if necessary) prepared by OEA will be served upon all parties of record and upon any agencies or other persons who comment during its presentation. Other interested persons may contact OEA to obtain a copy of the EA (or EIS). EAs in these abandonment proceedings normally will be made available within 60 days of the filing of the petition. The deadline for submission of comments on the EA generally will be within 30 days of its service. Board decisions and notices are available on our Web site at www.stb.dot.gov. Decided: December 30, 2013. VerDate Mar<15>2010 16:36 Jan 02, 2014 Jkt 232001 By the Board, Rachel D. Campbell, Director, Office of Proceedings. Derrick Gardner, Clearance Clerk. [FR Doc. 2013–31466 Filed 1–2–14; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF THE TREASURY Fiscal Service Prompt Payment Interest Rate; Contract Disputes Act Bureau of the Fiscal Service, Treasury. ACTION: Notice. AGENCY: For the period beginning January 1, 2014, and ending on June 30, 2014, the prompt payment interest rate is 21⁄8 per centum per annum. ADDRESSES: Comments or inquiries may be mailed to: Sam Doak, Reporting Team Lead Accountant, Bureau of the Fiscal Service, Federal Borrowings Branch, Room 119, Parkersburg Warehouse & Operations Center Dock 1, 257 Bosley Industrial Park Drive, Parkersburg, West Virginia 26101. Comments or inquiries may also be emailed to borrowings@bpd.treas.gov. A copy of this notice is available at https://www.treasurydirect.gov. DATES: Effective January 1, 2014, to June 30, 2014. FOR FURTHER INFORMATION CONTACT: Adam Charlton, Manager, Fiscal Accounting Operations, Federal Borrowings Branch, (304) 480–5248; Sam Doak, Reporting Team Lead Accountant, Fiscal Accounting Operations, Federal Borrowings Branch, (304) 480–5117; or Elisha S. Garvey, Attorney-Advisor, Office of the Chief Counsel, (202) 504–3715. SUPPLEMENTARY INFORMATION: An agency that has acquired property or service from a business concern and has failed to pay for the complete delivery of property or service by the required payment date shall pay the business concern an interest penalty. 31 U.S.C. 3902(a). The Contract Disputes Act of 1978, Sec. 12, Public Law 95–563, 92 Stat. 2389, and the Prompt Payment Act, 31 U.S.C. 3902(a), provide for the calculation of interest due on claims at the rate established by the Secretary of the Treasury. The Secretary of the Treasury has the authority to specify the rate by which the interest shall be computed for interest payments under section 12 of the Contract Disputes Act of 1978 and under the Prompt Payment Act. Under the Prompt Payment Act, if an interest SUMMARY: PO 00000 Frm 00040 Fmt 4703 Sfmt 4703 penalty is owed to a business concern, the penalty shall be paid regardless of whether the business concern requested payment of such penalty. 31 U.S.C. 3902(c)(1). Agencies must pay the interest penalty calculated with the interest rate, which is in effect at the time the agency accrues the obligation to pay a late payment interest penalty. 31 U.S.C. 3902(a). ‘‘The interest penalty shall be paid for the period beginning on the day after the required payment date and ending on the date on which payment is made.’’ 31 U.S.C. 3902(b). Therefore, notice is given that the Secretary of the Treasury has determined that the rate of interest applicable for the period beginning January 1, 2014, and ending on June 30, 2014, is 21⁄8 per centum per annum. Mark Reger, Deputy Assistant Secretary for Accounting Policy. [FR Doc. 2013–31205 Filed 1–2–14; 8:45 am] BILLING CODE 4810–39–M DEPARTMENT OF VETERANS AFFAIRS [OMB Control No. 2900–0001] Proposed Information Collection (Veteran’s Application for Compensation and/or Pension) Activity: Comment Request Veterans Benefits Administration, Department of Veterans Affairs. ACTION: Notice. AGENCY: The Veterans Benefits Administration (VBA), Department of Veterans Affairs (VA), is announcing an opportunity for public comment on the proposed collection of certain information by the Agency. Under the Paperwork Reduction Act (PRA) of 1995, Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each revision of a currently approved collection and allow 60 days for public comment in response to the notice. This notice solicits comments on information needed to determine a veteran’s eligibility, dependency, and income, as applicable, for compensation and/or pension benefit sought. DATES: Written comments and recommendations on the proposed collection of information should be received on or before March 4, 2014. ADDRESSES: Submit written comments on the collection of information through www.Regulations.gov; or to Nancy J. SUMMARY: E:\FR\FM\03JAN1.SGM 03JAN1

Agencies

[Federal Register Volume 79, Number 2 (Friday, January 3, 2014)]
[Notices]
[Page 424]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-31205]


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DEPARTMENT OF THE TREASURY

Fiscal Service


Prompt Payment Interest Rate; Contract Disputes Act

AGENCY: Bureau of the Fiscal Service, Treasury.

ACTION: Notice.

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SUMMARY: For the period beginning January 1, 2014, and ending on June 
30, 2014, the prompt payment interest rate is 2\1/8\ per centum per 
annum.

ADDRESSES: Comments or inquiries may be mailed to: Sam Doak, Reporting 
Team Lead Accountant, Bureau of the Fiscal Service, Federal Borrowings 
Branch, Room 119, Parkersburg Warehouse & Operations Center Dock 1, 257 
Bosley Industrial Park Drive, Parkersburg, West Virginia 26101. 
Comments or inquiries may also be emailed to borrowings@bpd.treas.gov. 
A copy of this notice is available at https://www.treasurydirect.gov.

DATES: Effective January 1, 2014, to June 30, 2014.

FOR FURTHER INFORMATION CONTACT: Adam Charlton, Manager, Fiscal 
Accounting Operations, Federal Borrowings Branch, (304) 480-5248; Sam 
Doak, Reporting Team Lead Accountant, Fiscal Accounting Operations, 
Federal Borrowings Branch, (304) 480-5117; or Elisha S. Garvey, 
Attorney-Advisor, Office of the Chief Counsel, (202) 504-3715.

SUPPLEMENTARY INFORMATION: An agency that has acquired property or 
service from a business concern and has failed to pay for the complete 
delivery of property or service by the required payment date shall pay 
the business concern an interest penalty. 31 U.S.C. 3902(a). The 
Contract Disputes Act of 1978, Sec. 12, Public Law 95-563, 92 Stat. 
2389, and the Prompt Payment Act, 31 U.S.C. 3902(a), provide for the 
calculation of interest due on claims at the rate established by the 
Secretary of the Treasury.
    The Secretary of the Treasury has the authority to specify the rate 
by which the interest shall be computed for interest payments under 
section 12 of the Contract Disputes Act of 1978 and under the Prompt 
Payment Act. Under the Prompt Payment Act, if an interest penalty is 
owed to a business concern, the penalty shall be paid regardless of 
whether the business concern requested payment of such penalty. 31 
U.S.C. 3902(c)(1). Agencies must pay the interest penalty calculated 
with the interest rate, which is in effect at the time the agency 
accrues the obligation to pay a late payment interest penalty. 31 
U.S.C. 3902(a). ``The interest penalty shall be paid for the period 
beginning on the day after the required payment date and ending on the 
date on which payment is made.'' 31 U.S.C. 3902(b).
    Therefore, notice is given that the Secretary of the Treasury has 
determined that the rate of interest applicable for the period 
beginning January 1, 2014, and ending on June 30, 2014, is 2\1/8\ per 
centum per annum.

Mark Reger,
Deputy Assistant Secretary for Accounting Policy.
[FR Doc. 2013-31205 Filed 1-2-14; 8:45 am]
BILLING CODE 4810-39-M

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