Business and Operations Advisory Committee; Notice of Meeting, 59422-59423 [2018-25451]
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Federal Register / Vol. 83, No. 226 / Friday, November 23, 2018 / Notices
OFFICE OF MANAGEMENT AND
BUDGET
Cost Accounting Standards Board
Meeting Agenda
Cost Accounting Standards
Board, Office of Federal Procurement
Policy, Office of Management and
Budget.
ACTION: Notice of agenda for closed Cost
Accounting Standards Board meetings.
AGENCY:
The Office of Federal
Procurement Policy (OFPP), Cost
Accounting Standards Board (CAS
Board) is publishing this notice to
advise the public of planned meetings
on November 27, 2018 and January 24,
2019. The notice is published pursuant
to section 820(a) of the National Defense
Authorization Act (NDAA) for Fiscal
Year (FY) 2017, which requires the CAS
Board to publish agendas of its meetings
in the Federal Register. The meetings
are closed to the public.
DATES: November 27, 2018 and January
24, 2019.
ADDRESSES: New Executive Office
Building, 725 17th Street NW,
Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT:
Raymond Wong, Staff Director, Cost
Accounting Standards Board (telephone:
202–395–6805; email: rwong@
omb.eop.gov).
SUMMARY:
Section
820 amended section 1501(d) of title 41
of the United States Code to require that
the CAS Board meet at least quarterly
and publish a notice of its meetings,
including the meeting agenda, in the
Federal Register. The CAS Board has
scheduled meetings for Tuesday,
November 27, 2018 and Thursday,
January 24, 2019. The list of agenda
items for both meetings is set forth
below. In light of the complexity of the
issues to be discussed, and the
proximity of the two meetings, the CAS
Board expects to use the same agenda
for both sessions and is issuing this
notice to provide public awareness for
both meetings. Additional notices will
be published to announce further CAS
Board meetings in FY 2019 and beyond.
The CAS Board will discuss its
accomplishments and activities for FY
2019 in its annual report to Congress,
which will be transmitted after the end
of the fiscal year, in accordance with
section 820(e).
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SUPPLEMENTARY INFORMATION:
Planned Agenda for CAS Board
Meetings on November 27, 2018 and
January 24, 2019
1. Review of Advanced Notice of
Proposed Rulemaking (ANPR) for
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Pension Adjustments for Extraordinary
Events. The CAS Board intends to
continue its review of the ANPR
addressing Cost Accounting Standard
(CAS) 412 Composition and
Measurement of Pension Costs and CAS
413, Pension Adjustments for
Extraordinary Events. The ANPR is the
second step of a four-step process the
CAS Board uses when it is considering
a rulemaking. As the Board previously
announced, this initiative is intended to
address revisions to the treatment of
extraordinary pension adjustments in a
defined benefit pension plan (i.e., plan
terminations, plan curtailments, and
segment closings). The CAS Board
issued a final rule on December 27, 2011
to harmonize CAS with the Pension
Protection Act (PPA). The PPA was
enacted by Congress to help ensure that
promised pension obligations would be
adequately funded to pay workers their
promised retirement benefits. As part of
the PPA, Congress instructed the CAS
Board to ‘‘harmonize’’ its standards for
measuring pension costs with the PPA
to avoid undue hardship on contractors
that could arise from the faster funding
required by the PPA. The final rule did
not reconcile the PPA requirements
with respect to the CAS pension
segment closing adjustment
requirements and other extraordinary
events. The ANPR, supported by a
dedicated interagency working group,
examines these extraordinary events.
The CAS Board contemplates it will also
issue a Staff Discussion Paper (SDP), the
first step of the four-step process,
addressing fact-finding that was made
by the working group and public
outreach conducted subsequent to the
issuance of the 2011 final rule to help
inform the CAS Board in its
deliberations.
2. Conformance of CAS to Generally
Accepted Accounting Principles
(GAAP). Section 820 requires the CAS
Board to review and conform CAS,
where practicable, to GAAP. The Board
intends to discuss development of an
SDP addressing conformance of CAS
404, Capitalization of Tangible Assets,
and CAS 411, Accounting for
Acquisition Costs of Material, to GAAP.
This is the second SDP addressing CAS–
GAAP conformance and will build on
the first SDP (under final review for
publication and public comment) that
(i) lays out a proposed conceptual
framework and guiding principles to
prioritize the evaluation of whether and
to what extent CAS may be conformed
to GAAP and (ii) presents an initial
comparison of CAS 408, Accounting for
Costs of Compensated Personal
Absence, and CAS 409, Cost Accounting
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Standard Depreciation of Tangible
Capital Assets, for public comment. The
Board intends to receive and review
public comment on the first SDP before
publishing the second SDP.
3. CAS Applicability Thresholds. The
Advisory Panel on Streamlining and
Codifying Acquisition Regulations,
established by section 809 of the FY
2016 NDAA (the Panel), has issued a
recommendation addressing potential
increases in the CAS applicability
thresholds. The recommendation
appears in volume 2 of the 809 Panel’s
report, issued in June 2018. The Board
will continue its discussion of the
Panel’s recommendation.
4. Review of Section 809 Panel
Recommendation on Defense Cost
Accounting Standards Board (Defense
CAS Board). The Board will discuss the
analysis and recommendation made by
the Panel (in volume 2 of its report) to
repeal the provisions in section 820 of
the FY 2017 NDAA that created the
Defense CAS Board. See section 820(b),
which amends title 10 by adding a new
section 190.
Lesley A. Field,
Deputy Administrator.
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BILLING CODE 3110–01–P
NATIONAL SCIENCE FOUNDATION
Business and Operations Advisory
Committee; Notice of Meeting
In accordance with the Federal
Advisory Committee Act (Pub. L. 92–
463, as amended), the National Science
Foundation (NSF) announces the
following meeting:
Name and Committee Code: Business
and Operations Advisory Committee
(9556).
Date and Time: December 12, 2018;
1:00 p.m. to 5:15 p.m. (EST).
December 13, 2018; 8:00 a.m. to 12:00
p.m. (EST).
Place: National Science Foundation,
2415 Eisenhower Avenue, Alexandria,
Virginia, 22314; Room E 2030.
Type of Meeting: Open.
Contact Person: Joan Miller, National
Science Foundation, 2415 Eisenhower
Avenue, Alexandria, VA, 22314; (703)
292–8200.
Purpose of Meeting: To provide
advice concerning issues related to the
oversight, integrity, development and
enhancement of NSF’s business
operations.
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Federal Register / Vol. 83, No. 226 / Friday, November 23, 2018 / Notices
• NSB Vision Project Discussion/
Decision
Agenda
Wednesday, December 12, 2018; 1:00
p.m.–5:15 p.m.
Committee on Strategy (CS)
Welcome/Introductions; BFA/OIRM/
OLPA/Budget Updates; Results from the
2018 Federal Employee Viewpoint
Survey; Facilities Subcommittees
Updates; CFO Office of the Future.
Thursday, December 13, 2018; 8:00
a.m.–12:00 p.m.
Renewing NSF; Renewing NSF—
Partnerships Pillar; Meeting with Drs.
Co´rdova and Crim; Committee Business/
Wrap Up.
Dated: November 16, 2018.
Crystal Robinson,
Committee Management Officer.
•
•
•
•
Committee Chair’s Opening Remarks
Approval of Prior Minutes
FY 2019 Budget Request Update
Directorate for Mathematical and
Physical Sciences Portfolio Review
• NSB Vision Project
Committee on Oversight (CO)
Open Session: 11:00 a.m.–12:15 p.m.
[FR Doc. 2018–25451 Filed 11–21–18; 8:45 am]
•
•
•
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BILLING CODE 7555–01–P
NATIONAL SCIENCE FOUNDATION
Sunshine Act Meetings
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The National Science Board (NSB),
pursuant to NSF regulations (45 CFR
part 614), the National Science
Foundation Act, as amended, (42 U.S.C.
1862n–5), and the Government in the
Sunshine Act (5 U.S.C. 552b), hereby
gives notice of the scheduling of
meetings for the transaction of NSB
business as follows:
TIME AND DATE: Wednesday, November
28, 2018 from 8:00 a.m. to 5:00 p.m. and
Thursday, November 29, 2018, from
8:15 a.m. to 1:45 p.m. EST.
PLACE: These meetings will be held at
the NSF headquarters, 2415 Eisenhower
Avenue, Alexandria, VA 22314.
Meetings are held in the boardroom on
the 2nd floor. The public may observe
public meetings held in the boardroom.
All visitors must contact the Board
Office (call 703–292–7000 or send an
email to nationalsciencebrd@nsf.gov) at
least 24 hours prior to the meeting and
provide your name and organizational
affiliation. Visitors must report to the
NSF visitor’s desk in the building lobby
to receive a visitor’s badge.
STATUS: Some of these meetings will be
open to the public. Others will be closed
to the public. See full description
below.
MATTERS TO BE CONSIDERED:
Committee Chair’s Opening Remarks
Approval of Prior Minutes
Merit Review Report Update
Report on Status of OIG Semiannual
Report and NSF Management
Response
Inspector General’s Update
Chief Financial Officer’s Update
Responsible Conduct of Research
Reducing Administrative Burdens on
Research
Committee on Strategy (CS)
Closed Session: 1:15–1:30 p.m.
• Committee Chair’s Opening Remarks
• Approval of Prior Minutes
• FY 2020 Budget Submission Update
Committee on Awards and Facilities
(A&F)
Closed Session: 1:30–3:20 p.m.
• Committee Chair’s Opening Remarks
• Approval of Prior Minutes
• Action Item: Sacramento Peak
Observatory
• Update on Astronomy Facility
Transitions
• Information Item: International Ocean
Discovery Program (IODP)
• Information Item: Antarctic
Infrastructure Modernization for
Science (AIMS)
• Chief Officer for Research Facilities
Report
Committee on Awards and Facilities
(A&F)
Open Session: 3:30–4:00 p.m.
Plenary Board meeting
• Committee Chair’s Opening Remarks
• Approval of Prior Minutes
• CY 2018–2019 Schedule of Planned
Action and Information Items
• Status of the National Ecological
Observatory Network (NEON)
• Discussion and Vote on the A&F
Action Approval Process Policy
Document
Open Session: 8:00–9:15 a.m.
Plenary Board
Wednesday, November 28, 2018
• NSB Chair’s Opening Remarks
Introduction of new NSB members
• NSF Director’s Remarks
• Summary of DC Meetings
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Open Session: 4:00–5:00 p.m.
• White House Office of Science and
Technology Policy Briefing
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MATTERS TO BE DISCUSSED:
Thursday, November 29, 2018
Committee on National Science and
Engineering Policy (SEP)
Open Session: 9:15–10:45 a.m.
•
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59423
Open Session: 8:15–9:20 a.m.
•
•
•
•
Committee Chair’s Opening Remarks
Approval of Prior Minutes
Update on Future Indicators Project
Update on Science and Engineering
Indicators (SEI) Thematic Reports and
Roadmap
• Discussion of Draft SEI 2018 Policy
Companion
• Discussion of Future Policy Topics
Committee on External Engagement (EE)
Open Session: 9:20–10:00 a.m.
•
•
•
•
Committee Chair’s Opening Remarks
Approval of Prior Minutes
NSB One-page Resources
NSB Congressional Home District
Office Meetings
• NSB Alumni Network Pilot Project
Task Force on the Skilled Technical
Workforce (STW)
Open Session: 10:00–10:45 a.m.
• Chair’s Opening Remarks
• Approval of Prior Minutes
• NSB/SBE National Center for Science
and Engineering Statistics STW Data
Update
• Discussion of Task Force Progress and
Next Steps
Plenary Board
Closed Session: 11:00–11:15 a.m.
•
•
•
•
•
Chair’s Opening Remarks
Director’s Remarks
Approval of Prior Minutes
Closed Committee Reports
Vote: Sacramento Peak Record of
Decision
Plenary Board (Executive)
Closed Session: 11:15 a.m.–12:00 p.m.
•
•
•
•
•
Chair’s Opening Remarks
Approval of Prior Minutes
Director’s Remarks
Board Member Award Review
Honorary Award Recommendations
Plenary Board
Open Session: 1:15–1:45 p.m.
•
•
•
•
•
Chair’s Opening Remarks
Director’s Remarks
Approval of Prior Minutes
Open Committee Reports
Vote: OIG Semiannual Report and
Management Response
• Chair’s Closing Remarks
Meeting Adjourns: 1:45 p.m.
MEETINGS THAT ARE OPEN TO THE PUBLIC:
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Agencies
[Federal Register Volume 83, Number 226 (Friday, November 23, 2018)]
[Notices]
[Pages 59422-59423]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-25451]
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NATIONAL SCIENCE FOUNDATION
Business and Operations Advisory Committee; Notice of Meeting
In accordance with the Federal Advisory Committee Act (Pub. L. 92-
463, as amended), the National Science Foundation (NSF) announces the
following meeting:
Name and Committee Code: Business and Operations Advisory Committee
(9556).
Date and Time: December 12, 2018; 1:00 p.m. to 5:15 p.m. (EST).
December 13, 2018; 8:00 a.m. to 12:00 p.m. (EST).
Place: National Science Foundation, 2415 Eisenhower Avenue,
Alexandria, Virginia, 22314; Room E 2030.
Type of Meeting: Open.
Contact Person: Joan Miller, National Science Foundation, 2415
Eisenhower Avenue, Alexandria, VA, 22314; (703) 292-8200.
Purpose of Meeting: To provide advice concerning issues related to
the oversight, integrity, development and enhancement of NSF's business
operations.
[[Page 59423]]
Agenda
Wednesday, December 12, 2018; 1:00 p.m.-5:15 p.m.
Welcome/Introductions; BFA/OIRM/OLPA/Budget Updates; Results from
the 2018 Federal Employee Viewpoint Survey; Facilities Subcommittees
Updates; CFO Office of the Future.
Thursday, December 13, 2018; 8:00 a.m.-12:00 p.m.
Renewing NSF; Renewing NSF--Partnerships Pillar; Meeting with Drs.
C[oacute]rdova and Crim; Committee Business/Wrap Up.
Dated: November 16, 2018.
Crystal Robinson,
Committee Management Officer.
[FR Doc. 2018-25451 Filed 11-21-18; 8:45 am]
BILLING CODE 7555-01-P