Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 63886-63887 [2018-26816]
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Federal Register / Vol. 83, No. 238 / Wednesday, December 12, 2018 / Notices
Katz 2018 Irrevocable Trust, the Lissy
Katz Bank 2018 Dynasty Trust, and the
Lissy Katz Bank 2018 Irrevocable Trust,
all of Houston, Texas, individually and
acting in concert; to acquire voting
shares of First Community Bancshares,
Inc., and thereby indirectly acquire Fort
Hood National Bank and First National
Bank Texas d/b/a First Convenience
Bank, all of Killeen, Texas.
Board of Governors of the Federal Reserve
System, December 6, 2018.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2018–26808 Filed 12–11–18; 8:45 am]
BILLING CODE P
FEDERAL RESERVE SYSTEM
Agency Information Collection
Activities: Announcement of Board
Approval Under Delegated Authority
and Submission to OMB
Board of Governors of the
Federal Reserve System.
SUMMARY: The Board of Governors of the
Federal Reserve System (Board) is
adopting a proposal to extend for three
years, with revision, the Procurement
Solicitation Package (FR 1400; OMB No.
7100–0180).
FOR FURTHER INFORMATION CONTACT:
Federal Reserve Board Clearance
Officer—Nuha Elmaghrabi—Office of
the Chief Data Officer, Board of
Governors of the Federal Reserve
System, Washington, DC 20551 (202)
452–3829. Telecommunications Device
for the Deaf (TDD) users may contact
(202) 263–4869, Board of Governors of
the Federal Reserve System,
Washington, DC 20551.
OMB Desk Officer—Shagufta
Ahmed—Office of Information and
Regulatory Affairs, Office of
Management and Budget, New
Executive Office Building, Room 10235,
725 17th Street NW, Washington, DC
20503 or by fax to (202) 395–6974.
SUPPLEMENTARY INFORMATION: On June
15, 1984, the Office of Management and
Budget (OMB) delegated to the Board
authority under the Paperwork
Reduction Act (PRA) to approve and
assign OMB control numbers to
collection of information requests and
requirements conducted or sponsored
by the Board. Board-approved
collections of information are
incorporated into the official OMB
inventory of currently approved
collections of information. Copies of the
Paperwork Reduction Act Submission,
supporting statements and approved
collection of information instrument(s)
are placed into OMB’s public docket
amozie on DSK3GDR082PROD with NOTICES1
AGENCY:
VerDate Sep<11>2014
18:39 Dec 11, 2018
Jkt 247001
files. The Board may not conduct or
sponsor, and the respondent is not
required to respond to, an information
collection that has been extended,
revised, or implemented on or after
October 1, 1995, unless it displays a
currently valid OMB control number.
Final approval under OMB delegated
authority of the extension for three
years, with revision, of the following
reports:
Report title: Vendor Database.
Agency form number: FR 1400A.
OMB control number: 7100–0180.
Frequency: On occasion.
Respondents: Businesses.
Estimated number of respondents:
250.
Estimated average hours per response:
1.
Estimated annual burden hours: 250.
Report title: Solicitation Package.
Agency form number: FR 1400B.
OMB control number: 7100–0180.
Frequency: On occasion.
Respondents: Businesses.
Estimated number of respondents:
300.
Estimated average hours per response:
81.
Estimated annual burden hours:
24,300.
Report title: Vendor Risk Management
Offeror Questionnaire.
Agency form number: FR 1400C.
OMB control number: 7100–0180.
Frequency: On occasion.
Respondents: Businesses.
Estimated number of respondents: 20.
Estimated average hours per response:
12.
Estimated annual burden hours: 240.
Report title: Subcontracting Report.
Agency form number: FR 1400D.
OMB control number: 7100–0180.
Frequency: Quarterly.
Respondents: Businesses.
Estimated number of respondents: 75.
Estimated average hours per response:
0.5.
Estimated annual burden hours: 150.
General description of reports: The
Board is continuously seeking vendors
who are interested in doing business
with the Board through various outreach
events, minority/diversity conferences,
meetings, and events targeted to either
a specific industry classification of
vendors or an upcoming acquisition.
Vendors are encouraged during these
efforts to register in the Board’s database
of interested vendors (FR 1400A). In
announcing an acquisition, Board staff
contacts vendors registered in the Board
database via electronic mail or by
telephone, and provides the Solicitation
Package (FR 1400B) and applicable
PO 00000
Frm 00062
Fmt 4703
Sfmt 4703
attachments. The Solicitation, Offer, and
Award form (SOA) (Attachment A of FR
1400B) is required with proposals
offered in response to a solicitation
issued by the Board. The Supplier
Information Form (Attachment N of FR
1400B) is required for the entry of a
vendor into the Board’s contract writing
and invoice payment system. As a result
of the criteria used by the Board to
evaluate proposals, the Solicitation
Package may also include the Past
Performance Data Sheet and Past
Performance Questionnaire (Attachment
I of FR 1400B) if past performance is an
evaluation factor. Typically, if past
performance is considered an evaluation
factor, the vendor is asked to submit
information on up to three previous
contracts whose effort is recent and
relevant to the effort required by the
solicitation.
Solicitations that require the vendor
to process, store, or transmit data from
the Board will contain the Vendor Risk
Management Offeror Questionnaire (FR
1400C). The questionnaire will be
specific to the security controls
surrounding the vendor’s proposed
application that will be used to process,
store, or transmit the data. Security
controls will be defined and prioritized
based on the Federal Information
Security Modernization Act of 2014
(FISMA) and the National Institute of
Standards and Technology (NIST)
Special Publication 800–53 (Security
Controls and Assessment Procedures for
Federal Information Systems and
Organizations). In addition, for
solicitations that have subcontracting
opportunities and are expected to
exceed $100,000 ($300,000 for
construction), a non-covered company
vendor is required to submit a
subcontracting plan in its own format,
with its proposal. Then, if the vendor is
the chosen vendor and awarded a
contract, the vendor is required to
provide the quarterly Subcontracting
Reports (FR 1400D) to the Board, which
shall document the vendor’s
participation achievement on a
cumulative basis. Information from the
Subcontracting Report is used to assist
the Board in fulfilling the requirement
in Section 342(e) of the Dodd-Frank Act
that requires the Board to submit to
Congress an annual report regarding the
fair inclusion of minorities and women
in contracting.
Legal authorization and
confidentiality: The FR 1400A is
voluntary. For prospective vendors that
decide to submit proposals to the Board,
the FR 1400B, 1400C, and 1400D are
required to obtain a benefit, in order to
be eligible for the award of a contract.
E:\FR\FM\12DEN1.SGM
12DEN1
amozie on DSK3GDR082PROD with NOTICES1
Federal Register / Vol. 83, No. 238 / Wednesday, December 12, 2018 / Notices
The FR 1400 is authorized pursuant to
sections 10 and 11 of the Federal
Reserve Act (‘‘FRA’’), and section 342(c)
of the Dodd-Frank Wall Street Reform
and Consumer Protection Act (‘‘DoddFrank’’). Sections 10(3) and 11 of the
FRA (12 U.S.C. 243 and 248(l)) grant the
Board full authority to manage its
buildings and its staff. Section 10(4) of
the FRA (12 U.S.C. 244) authorizes the
Board to determine and prescribe the
manner in which its obligations shall be
incurred and its disbursements and
expenses allowed and paid. Therefore,
the Board can solicit proposals and seek
the information in FR 1400 from
prospective vendors.
Additionally, the FR 1400 is
authorized by section 342(c) of DoddFrank (12 U.S.C. 5452(c)), which
requires the Board to develop and
implement standards and procedures for
the review and evaluation of contract
proposals and for hiring service
providers that include a component that
gives consideration to the diversity of a
prospective vendor and the fair
inclusion of women and minorities in
the workforce of such vendor and any
subcontractor.
A vendor generally may request
confidential treatment for information
submitted during the solicitation
process, and the Board will review the
request to determine if the data may be
kept confidential under exemption 4 of
the Freedom of Information Act, which
protects from disclosure trade secrets
and commercial or financial information
(5 U.S.C. 552(b)(4)).
Current actions: On September 28,
2018, the Board published a notice in
the Federal Register (83 FR 49092)
requesting public comment for 60 days
on the extension, with revision, of the
Procurement Solicitation Package. To
better assist the Board’s competitive
vendor solicitation process, the Board
has revised the FR 1400 by (1)
reformatting and updating the
Solicitation Package, including the
Solicitation, Offer, and Award Form
(SOA), Supplier Information Form, Past
Performance Data Sheet, and Past
Performance Questionnaire (FR 1400B);
(2) adding the Vendor Risk Management
Offeror Questionnaire (FR 1400C); and
(3) revising the Subcontracting Report
(FR 1400D) to improve clarity and
gather specific information in
accordance with the Board’s
subcontracting goals. Lastly, the Board
has discontinued the use of the Request
VerDate Sep<11>2014
18:39 Dec 11, 2018
Jkt 247001
for Price Quotation Form (RFP/RFPQ).
The purpose of the RFPQ form was
absorbed into the FR 1400B. The
comment period for this notice expired
on November 27, 2018. The Board did
not receive any comments. The
revisions will be implemented as
proposed.
Board of Governors of the Federal Reserve
System, December 6, 2018.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2018–26816 Filed 12–11–18; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
[Docket No. OP–1640 ]
Regulation Q; Regulatory Capital
Rules: Risk-Based Capital Surcharges
for Global Systemically Important Bank
Holding Companies
Board of Governors of the
Federal Reserve System (Board).
ACTION: Notice.
AGENCY:
The Board is providing notice
of the aggregate global indicator
amounts for purposes of a calculation
for 2018, which is required under the
Board’s rule regarding risk-based capital
surcharges for global systemically
important bank holding companies
(GSIB surcharge rule).
DATES: Applicable: December 12, 2018.
FOR FURTHER INFORMATION CONTACT:
Elizabeth MacDonald, Manager, (202)
475–6316, or Sean Healey, Supervisory
Financial Analyst, (202) 912–4611,
Division of Supervision and Regulation;
or Mark Buresh, Counsel, (202) 452–
5270, or Mary Watkins, Senior Attorney,
(202) 452–3722, Legal Division. Board of
Governors of the Federal Reserve
System, 20th and C Streets NW,
Washington, DC 20551. For the hearing
impaired only, Telecommunications
Device for the Deaf (TDD) users may
contact (202) 263–4869.
SUPPLEMENTARY INFORMATION: The
Board’s GSIB surcharge rule establishes
a methodology to identify global
systemically important bank holding
companies in the United States (GSIBs)
based on indicators that are correlated
with systemic importance.1 Under the
GSIB surcharge rule, a firm must
calculate its GSIB score using a specific
formula (Method 1). Method 1 uses five
SUMMARY:
1 See
PO 00000
12 CFR 217.402, 217.404.
Frm 00063
Fmt 4703
Sfmt 4703
63887
equally weighted categories that are
correlated with systemic importance—
size, interconnectedness, crossjurisdictional activity, substitutability,
and complexity—and subdivided into
twelve systemic indicators. For each
indicator, a firm divides its own
measure of each systemic indicator by
an aggregate global indicator amount.
The firm’s Method 1 score is the sum of
its weighted systemic indicator scores
expressed in basis points. The GSIB
surcharge for the firm is then the higher
of the GSIB surcharge determined under
Method 1 and a second method that
weights size, interconnectedness, crossjurisdictional activity, complexity, and a
measure of a firm’s reliance on
wholesale funding (instead of
substitutability).2
The aggregate global indicator
amounts used in the score calculation
under Method 1 are based on data
collected by the Basel Committee on
Banking Supervision (BCBS). The BCBS
amounts are determined based on the
sum of the systemic indicator scores of
the 75 largest U.S. and foreign banking
organizations as measured by the BCBS,
and any other banking organization that
the BCBS includes in its sample total for
that year. The BCBS publicly releases
these values, denominated in euros,
each year. Pursuant to the GSIB
surcharge rule, the Board publishes the
aggregate global indicator amounts each
year as denominated in U.S. dollars
using the euro-dollar exchange rate
provided by the BCBS.3 Specifically, the
Board multiplied each of the eurodenominated indicator amounts made
publicly available by the BCBS by
1.1993, which was the daily euro to U.S.
dollar spot rate on December 29, 2017,
as published by the European Central
Bank (available at https://www.ecb.
europa.eu/stats/eurofxref/
index.en.html).
The aggregate global indicator
amounts for purposes of the 2018
Method 1 score calculation under
§ 217.404(b)(1)(i)(B) of the GSIB
surcharge rule are:
2 The second method (Method 2) uses similar
inputs to those used in Method 1, but replaces the
substitutability category with a measure of a firm’s
use of short-term wholesale funding. In addition,
Method 2 is calibrated differently from Method 1.
3 12 CFR 217.404(b)(1)(i)(B); 80 FR 49082, 49086–
87 (August 14, 2015). In addition, the Board
maintains the GSIB Framework Denominators on its
website, available at https://www.federal
reserve.gov/bankinforeg/basel/denominators.htm.
E:\FR\FM\12DEN1.SGM
12DEN1
]]>Agencies
[Federal Register Volume 83, Number 238 (Wednesday, December 12, 2018)]
[Notices]
[Pages 63886-63887]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-26816]
-----------------------------------------------------------------------
FEDERAL RESERVE SYSTEM
Agency Information Collection Activities: Announcement of Board
Approval Under Delegated Authority and Submission to OMB
AGENCY: Board of Governors of the Federal Reserve System.
SUMMARY: The Board of Governors of the Federal Reserve System (Board)
is adopting a proposal to extend for three years, with revision, the
Procurement Solicitation Package (FR 1400; OMB No. 7100-0180).
FOR FURTHER INFORMATION CONTACT:
Federal Reserve Board Clearance Officer--Nuha Elmaghrabi--Office of
the Chief Data Officer, Board of Governors of the Federal Reserve
System, Washington, DC 20551 (202) 452-3829. Telecommunications Device
for the Deaf (TDD) users may contact (202) 263-4869, Board of Governors
of the Federal Reserve System, Washington, DC 20551.
OMB Desk Officer--Shagufta Ahmed--Office of Information and
Regulatory Affairs, Office of Management and Budget, New Executive
Office Building, Room 10235, 725 17th Street NW, Washington, DC 20503
or by fax to (202) 395-6974.
SUPPLEMENTARY INFORMATION: On June 15, 1984, the Office of Management
and Budget (OMB) delegated to the Board authority under the Paperwork
Reduction Act (PRA) to approve and assign OMB control numbers to
collection of information requests and requirements conducted or
sponsored by the Board. Board-approved collections of information are
incorporated into the official OMB inventory of currently approved
collections of information. Copies of the Paperwork Reduction Act
Submission, supporting statements and approved collection of
information instrument(s) are placed into OMB's public docket files.
The Board may not conduct or sponsor, and the respondent is not
required to respond to, an information collection that has been
extended, revised, or implemented on or after October 1, 1995, unless
it displays a currently valid OMB control number.
Final approval under OMB delegated authority of the extension for
three years, with revision, of the following reports:
Report title: Vendor Database.
Agency form number: FR 1400A.
OMB control number: 7100-0180.
Frequency: On occasion.
Respondents: Businesses.
Estimated number of respondents: 250.
Estimated average hours per response: 1.
Estimated annual burden hours: 250.
Report title: Solicitation Package.
Agency form number: FR 1400B.
OMB control number: 7100-0180.
Frequency: On occasion.
Respondents: Businesses.
Estimated number of respondents: 300.
Estimated average hours per response: 81.
Estimated annual burden hours: 24,300.
Report title: Vendor Risk Management Offeror Questionnaire.
Agency form number: FR 1400C.
OMB control number: 7100-0180.
Frequency: On occasion.
Respondents: Businesses.
Estimated number of respondents: 20.
Estimated average hours per response: 12.
Estimated annual burden hours: 240.
Report title: Subcontracting Report.
Agency form number: FR 1400D.
OMB control number: 7100-0180.
Frequency: Quarterly.
Respondents: Businesses.
Estimated number of respondents: 75.
Estimated average hours per response: 0.5.
Estimated annual burden hours: 150.
General description of reports: The Board is continuously seeking
vendors who are interested in doing business with the Board through
various outreach events, minority/diversity conferences, meetings, and
events targeted to either a specific industry classification of vendors
or an upcoming acquisition. Vendors are encouraged during these efforts
to register in the Board's database of interested vendors (FR 1400A).
In announcing an acquisition, Board staff contacts vendors registered
in the Board database via electronic mail or by telephone, and provides
the Solicitation Package (FR 1400B) and applicable attachments. The
Solicitation, Offer, and Award form (SOA) (Attachment A of FR 1400B) is
required with proposals offered in response to a solicitation issued by
the Board. The Supplier Information Form (Attachment N of FR 1400B) is
required for the entry of a vendor into the Board's contract writing
and invoice payment system. As a result of the criteria used by the
Board to evaluate proposals, the Solicitation Package may also include
the Past Performance Data Sheet and Past Performance Questionnaire
(Attachment I of FR 1400B) if past performance is an evaluation factor.
Typically, if past performance is considered an evaluation factor, the
vendor is asked to submit information on up to three previous contracts
whose effort is recent and relevant to the effort required by the
solicitation.
Solicitations that require the vendor to process, store, or
transmit data from the Board will contain the Vendor Risk Management
Offeror Questionnaire (FR 1400C). The questionnaire will be specific to
the security controls surrounding the vendor's proposed application
that will be used to process, store, or transmit the data. Security
controls will be defined and prioritized based on the Federal
Information Security Modernization Act of 2014 (FISMA) and the National
Institute of Standards and Technology (NIST) Special Publication 800-53
(Security Controls and Assessment Procedures for Federal Information
Systems and Organizations). In addition, for solicitations that have
subcontracting opportunities and are expected to exceed $100,000
($300,000 for construction), a non-covered company vendor is required
to submit a subcontracting plan in its own format, with its proposal.
Then, if the vendor is the chosen vendor and awarded a contract, the
vendor is required to provide the quarterly Subcontracting Reports (FR
1400D) to the Board, which shall document the vendor's participation
achievement on a cumulative basis. Information from the Subcontracting
Report is used to assist the Board in fulfilling the requirement in
Section 342(e) of the Dodd-Frank Act that requires the Board to submit
to Congress an annual report regarding the fair inclusion of minorities
and women in contracting.
Legal authorization and confidentiality: The FR 1400A is voluntary.
For prospective vendors that decide to submit proposals to the Board,
the FR 1400B, 1400C, and 1400D are required to obtain a benefit, in
order to be eligible for the award of a contract.
[[Page 63887]]
The FR 1400 is authorized pursuant to sections 10 and 11 of the
Federal Reserve Act (``FRA''), and section 342(c) of the Dodd-Frank
Wall Street Reform and Consumer Protection Act (``Dodd-Frank'').
Sections 10(3) and 11 of the FRA (12 U.S.C. 243 and 248(l)) grant the
Board full authority to manage its buildings and its staff. Section
10(4) of the FRA (12 U.S.C. 244) authorizes the Board to determine and
prescribe the manner in which its obligations shall be incurred and its
disbursements and expenses allowed and paid. Therefore, the Board can
solicit proposals and seek the information in FR 1400 from prospective
vendors.
Additionally, the FR 1400 is authorized by section 342(c) of Dodd-
Frank (12 U.S.C. 5452(c)), which requires the Board to develop and
implement standards and procedures for the review and evaluation of
contract proposals and for hiring service providers that include a
component that gives consideration to the diversity of a prospective
vendor and the fair inclusion of women and minorities in the workforce
of such vendor and any subcontractor.
A vendor generally may request confidential treatment for
information submitted during the solicitation process, and the Board
will review the request to determine if the data may be kept
confidential under exemption 4 of the Freedom of Information Act, which
protects from disclosure trade secrets and commercial or financial
information (5 U.S.C. 552(b)(4)).
Current actions: On September 28, 2018, the Board published a
notice in the Federal Register (83 FR 49092) requesting public comment
for 60 days on the extension, with revision, of the Procurement
Solicitation Package. To better assist the Board's competitive vendor
solicitation process, the Board has revised the FR 1400 by (1)
reformatting and updating the Solicitation Package, including the
Solicitation, Offer, and Award Form (SOA), Supplier Information Form,
Past Performance Data Sheet, and Past Performance Questionnaire (FR
1400B); (2) adding the Vendor Risk Management Offeror Questionnaire (FR
1400C); and (3) revising the Subcontracting Report (FR 1400D) to
improve clarity and gather specific information in accordance with the
Board's subcontracting goals. Lastly, the Board has discontinued the
use of the Request for Price Quotation Form (RFP/RFPQ). The purpose of
the RFPQ form was absorbed into the FR 1400B. The comment period for
this notice expired on November 27, 2018. The Board did not receive any
comments. The revisions will be implemented as proposed.
Board of Governors of the Federal Reserve System, December 6,
2018.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2018-26816 Filed 12-11-18; 8:45 am]
BILLING CODE 6210-01-P
