Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities, 11301 [2019-05688]

Download as PDF Federal Register / Vol. 84, No. 58 / Tuesday, March 26, 2019 / Notices Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. GENERAL SERVICES ADMINISTRATION BILLING CODE 6714–01–P NATIONAL AERONAUTICS AND SPACE ADMINISTRATION [OMB Control No. 9000–0152; Docket No. 2018–0003; Sequence No. 24] FEDERAL RESERVE SYSTEM Submission for OMB Review; Service Contracting Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities jbell on DSK30RV082PROD with NOTICES Board of Governors of the Federal Reserve System, March 20, 2019. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2019–05688 Filed 3–25–19; 8:45 am] BILLING CODE P VerDate Sep<11>2014 17:54 Mar 25, 2019 Jkt 247001 Department of Defense (DOD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA). ACTION: Notice. AGENCY: The companies listed in this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or control voting securities or assets of a company, including the companies listed below, that engages either directly or through a subsidiary or other company, in a nonbanking activity that is listed in § 225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely related to banking and permissible for bank holding companies. Unless otherwise noted, these activities will be conducted throughout the United States. Each notice is available for inspection at the Federal Reserve Bank indicated. The notice also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the question whether the proposal complies with the standards of section 4 of the BHC Act. Unless otherwise noted, comments regarding the applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than April 3, 2019. A. Federal Reserve Bank of Minneapolis (Mark A. Rauzi, Vice President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480–0291: 1. Security State Bancshares of Bemidji, Inc., Bemidji, Minnesota; to engage de novo in extending credit and servicing activities pursuant to section 225.28(b)(1) of Regulation Y. SUMMARY: Under the provisions of the Paperwork Reduction Act the Regulatory Secretariat Division will be submitting to the Office of Management and Budget (OMB) a request to review and approve an extension of a currently approved information collection requirement concerning service contracting. Submit comments on or before April 25, 2019. ADDRESSES: Submit comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for reducing this burden to: Office of Information and Regulatory Affairs of OMB, Attention: Desk Officer for GSA, Room 10236, NEOB, Washington, DC 20503. Additionally submit a copy to GSA by any of the following methods: • Federal eRulemaking Portal: This website provides the ability to type short comments directly into the comment field or attach a file for lengthier comments. Go to http:// www.regulations.gov and follow the instructions on the site. • Mail: General Services Administration, Regulatory Secretariat Division (MVCB), 1800 F Street NW, Washington, DC 20405. ATTN: Ms. Mandell/IC 9000–0152, Service Contracting. Instructions: Please submit comments only and cite Information Collection 9000–0152, Service Contracting, in all correspondence related to this collection. Comments received generally will be posted without change to http:// www.regulations.gov, including any personal and/or business confidential information provided. To confirm receipt of your comment(s), please check www.regulations.gov, approximately two to three days after submission to verify posting (except allow 30 days for posting of comments submitted by mail). DATES: PO 00000 Frm 00023 Fmt 4703 Sfmt 4703 Mr. Curtis E. Glover, Sr., Procurement Analyst, Office of Governmentwide Acquisition Policy, GSA, 202–501–1448 or via email at curtis.glover@gsa.gov. SUPPLEMENTARY INFORMATION: FOR FURTHER INFORMATION CONTACT: DEPARTMENT OF DEFENSE [FR Doc. 2019–05863 Filed 3–22–19; 4:15 pm] 11301 A. Purpose The policies implemented at FAR 37.115, Uncompensated Overtime, are based on Section 834 of Public Law 101–510 (10 U.S.C. 2331). The policies require insertion of FAR provision 52.237–10, Identification of Uncompensated Overtime, in all solicitations valued above the simplified acquisition threshold, for professional or technical services to be acquired on the basis of the number of hours to be provided. The provision requires that offerors identify uncompensated overtime hours, in excess of 40 hours per week, and the uncompensated overtime rate for direct charge Fair Labor Standards Act-exempt personnel. This permits Government contracting officers to ascertain cost realism of proposed labor rates for professional employees and discourages the use of uncompensated overtime. B. Public Comment A 60-day notice was published in the Federal Register at 83 FR 53875 on October 25, 2018. No comments were received. C. Annual Reporting Burden The burden placed on offerors is the time required to identify and support any hours in excess of 40 hours per week included in their proposal or subcontractor’s proposal. It is estimated that there will be 25,801 service contracts awarded annually at $250,000 or more, of which 65 percent, or 16,771, contracts will be competitively awarded. About seven proposals will be received for each contract award. Of the total 117,397 (16,771 × 7) proposals received, only 25 percent, or 29,349, proposals are expected to include uncompensated overtime hours. It is estimated that offerors will take about 30 minutes to identify and support any hours in excess of 40 hours per week included in their proposal or subcontractor’s proposal. Respondents: 29,349. Responses per Respondent: 1. Total Annual Responses: 29,349. Hours per Response: .5. Total Burden Hours: 14,675. Affected Public: Businesses or other for-profit and not-for-profit institutions. Frequency: Annually. Obtaining Copies of Proposals: Requesters may obtain a copy of the information collection documents from E:\FR\FM\26MRN1.SGM 26MRN1

Agencies

[Federal Register Volume 84, Number 58 (Tuesday, March 26, 2019)]
[Notices]
[Page 11301]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-05688]


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FEDERAL RESERVE SYSTEM


Notice of Proposals To Engage in or To Acquire Companies Engaged 
in Permissible Nonbanking Activities

    The companies listed in this notice have given notice under section 
4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and 
Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or 
control voting securities or assets of a company, including the 
companies listed below, that engages either directly or through a 
subsidiary or other company, in a nonbanking activity that is listed in 
Sec.  225.28 of Regulation Y (12 CFR 225.28) or that the Board has 
determined by Order to be closely related to banking and permissible 
for bank holding companies. Unless otherwise noted, these activities 
will be conducted throughout the United States.
    Each notice is available for inspection at the Federal Reserve Bank 
indicated. The notice also will be available for inspection at the 
offices of the Board of Governors. Interested persons may express their 
views in writing on the question whether the proposal complies with the 
standards of section 4 of the BHC Act.
    Unless otherwise noted, comments regarding the applications must be 
received at the Reserve Bank indicated or the offices of the Board of 
Governors not later than April 3, 2019.
    A. Federal Reserve Bank of Minneapolis (Mark A. Rauzi, Vice 
President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291:
    1. Security State Bancshares of Bemidji, Inc., Bemidji, Minnesota; 
to engage de novo in extending credit and servicing activities pursuant 
to section 225.28(b)(1) of Regulation Y.

    Board of Governors of the Federal Reserve System, March 20, 
2019.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2019-05688 Filed 3-25-19; 8:45 am]
 BILLING CODE P