Special Local Regulations; Marine Events Within the Captain of the Port Charleston, 70744-70745 [2022-25283]
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Federal Register / Vol. 87, No. 223 / Monday, November 21, 2022 / Rules and Regulations
(B) Are otherwise determined by the
Commissioner to be subject to a flood
hazard; or
(C) Are not otherwise covered by the
flood insurance standard for
condominium projects established
under 24 CFR 203.43b(d)(6)(iii) or (i)(1).
(ii) No mortgage may be insured that
covers property improvements located
in an area that has been identified by
FEMA as an area having special flood
hazards, unless the community in
which the area is situated is
participating in the National Flood
Insurance Program (NFIP) and flood
insurance is obtained by the borrower.
Such flood insurance shall be in the
form of the standard policy issued
under the NFIP or private flood
insurance as defined in paragraph (c)(6)
of this section. Such requirement for
flood insurance shall be effective one
year after the date of notification by
FEMA to the chief executive officer of
a flood prone community that such
community has been identified as
having special flood hazards.
(iii) For purposes of this section,
property improvement means a
dwelling and related structures/
equipment essential to the value of the
property and subject to flood damage.
(2) Flood insurance obligation. During
such time as the mortgage is insured,
the borrower and mortgagee shall be
obligated, by a special condition to be
included in the mortgage commitment,
to obtain and to maintain flood
insurance coverage under either the
NFIP or equivalent private flood
insurance coverage as defined in
paragraph (c)(6) of this section on the
property improvements. The mortgagee
shall be named as the loss payee for
flood insurance benefits. A mortgagee
may determine that a private flood
insurance policy meets the definition of
private flood insurance in this section,
without further review of the policy, if
the compliance aid statement provided
in 24 CFR 203.16a(c) is included within
the policy or as an endorsement to the
policy.
(3) Duration and amount of coverage.
The flood insurance must be maintained
during such time as the mortgage is
insured in an amount at least equal to
the lowest of the following:
(i) 100 percent replacement cost of the
insurable value of the improvements,
which consists of the development or
project cost less estimated land cost; or
(ii) The maximum amount of the NFIP
insurance available with respect to the
particular type of the property; or
(iii) The outstanding principal
balance of the loan.
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(4) Private flood insurance defined.
The term ‘‘private flood insurance’’
means an insurance policy that:
(i) Is issued by an insurance company
that is:
(A) Licensed, admitted, or otherwise
approved to engage in the business of
insurance in the State or jurisdiction in
which the insured building is located,
by the insurance regulator of that State
or jurisdiction; or
(B) In the case of a policy of difference
in conditions, multiple peril, all risk, or
other blanket coverage insuring
nonresidential commercial property, is
recognized, or not disapproved, as a
surplus lines insurer by the insurance
regulator of the State or jurisdiction
where the property to be insured is
located;
(ii) Provides flood insurance coverage
that is at least as broad as the coverage
provided under a standard flood
insurance policy under the National
Flood Insurance Program for the same
type of property, including when
considering deductibles, exclusions,
and conditions offered by the insurer.
To be at least as broad as the coverage
provided under a standard flood
insurance policy under the National
Flood Insurance Program, the policy
must, at a minimum:
(A) Define the term ‘‘flood’’ to include
the events defined as a ‘‘flood’’ in a
standard flood insurance policy under
the National Flood Insurance Program;
(B) Contain the coverage specified in
a standard flood insurance policy under
the National Flood Insurance Program,
including that relating to building
property coverage; personal property
coverage, if purchased by the insured
mortgagor(s); other coverages; and
increased cost of compliance coverage;
(C) Contain deductibles no higher
than the specified maximum, and
include similar non-applicability
provisions, as under a standard flood
insurance policy under the National
Flood Insurance Program, for any total
policy coverage amount up to the
maximum available under the NFIP at
the time the policy is provided to the
lender;
(D) Provide coverage for direct
physical loss caused by a flood and may
only exclude other causes of loss that
are excluded in a standard flood
insurance policy under the National
Flood Insurance Program. Any
exclusions other than those in a
standard flood insurance policy under
the National Flood Insurance Program
may pertain only to coverage that is in
addition to the amount and type of
coverage that could be provided by a
standard flood insurance policy under
the National Flood Insurance Program
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or have the effect of providing broader
coverage to the policyholder; and
(E) Not contain conditions that
narrow the coverage provided in a
standard flood insurance policy under
the National Flood Insurance Program;
(iii) Includes all of the following:
(A) A requirement for the insurer to
give 45 days’ written notice of
cancellation or non-renewal of flood
insurance coverage to:
(1) The insured;
(2) The mortgagee, if any; and
(3) Federal Housing Administration
(FHA), in cases where the mortgagee has
assigned the loan to FHA in exchange
for claim payment;
(B) Information about the availability
of flood insurance coverage under the
National Flood Insurance Program;
(C) A mortgage interest clause similar
to the clause contained in a standard
flood insurance policy under the
National Flood Insurance Program; and
(D) A provision requiring an insured
to file suit not later than 1 year after the
date of a written denial of all or part of
a claim under the policy; and
(iv) Contains cancellation provisions
that are as restrictive as the provisions
contained in a standard flood insurance
policy under the National Flood
Insurance Program.
*
*
*
*
*
§ 206.134
[Amended]
8. In § 206.134, amend paragraph
(b)(3) by adding the phrase ‘‘or obtain
equivalent private flood insurance
coverage, as defined in § 203.16a of this
chapter’’ after ‘‘National Flood
Insurance Program’’.
■
Julia R. Gordon,
Assistant Secretary for Housing-Federal
Housing Commissioner.
[FR Doc. 2022–25258 Filed 11–18–22; 8:45 am]
BILLING CODE 4210–67–P
DEPARTMENT OF HOMELAND
SECURITY
Coast Guard
33 CFR Part 100
[Docket No. USCG–2022–0938]
Special Local Regulations; Marine
Events Within the Captain of the Port
Charleston
Coast Guard, DHS.
Notification of enforcement of
regulation.
AGENCY:
ACTION:
The Coast Guard will enforce
the special local regulation to provide
for the safety and security of certain
SUMMARY:
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Federal Register / Vol. 87, No. 223 / Monday, November 21, 2022 / Rules and Regulations
navigable waterways of Charleston
Harbor during the Charleston Parade of
Boats. Our regulation for marine events
within the Captain of the Port
Charleston identifies the regulated area
for this event in the Charleston Harbor,
SC. During the enforcement periods, no
person or vessel may enter, transit
through, anchor in, or remain within the
designated area unless authorized by the
Captain of the Port Charleston (COTP)
or a designated representative.
DEPARTMENT OF VETERANS
AFFAIRS
The regulations in 33 CFR
100.704 will be enforced for the location
identified in Item 10 of Table 1 to
§ 100.704 from 4 p.m. until 8 p.m. on
December 10, 2022.
ACTION:
DATES:
If
you have questions about this
notification of enforcement, call or
email LT. James Sullivan, Sector
Charleston Waterways Management
Division, U.S. Coast Guard; telephone
(843) 740–3184, email
James.P.Sullivan2@uscg.mil.
FOR FURTHER INFORMATION CONTACT:
SUPPLEMENTARY INFORMATION:
lotter on DSK11XQN23PROD with RULES1
The Coast Guard will enforce the
special local regulation in 33 CFR
100.704, Table 1 to § 100.704, Item 10,
for the Charleston Parade of Boats from
4 p.m. until 8 p.m. on December 10,
2022. This action is being taken to
provide for the safety of life on
navigable waterways during this event.
Our regulation for marine events within
the Captain of the Port Charleston,
§ 100.704, specifies the location of the
regulated area for the Charleston Parade
of Boats which encompasses portions of
the Charleston Harbor including
Anchorage A, Shutes Folly, Bennis
Reach, Horse Reach, Hog Island Reach,
Town Creek Lower Reach, and Ashley
River. During the enforcement periods,
as reflected in § 100.100(c), if you are
the operator of a vessel in the regulated
area you must comply with directions
from the Patrol Commander or any
official patrol vessel.
In addition to this notice of
enforcement in the Federal Register, the
Coast Guard plans to provide
notification of this enforcement period
via the Local Notice to Mariners,
Broadcast Notice to Mariners, and onscene designated representatives.
Dated: November 15, 2022.
J.D. Cole,
Captain, U.S. Coast Guard, Captain of the
Port Charleston.
[FR Doc. 2022–25283 Filed 11–18–22; 8:45 am]
BILLING CODE 9110–04–P
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48 CFR Parts 801, 802, 808, 816, 835,
and 852
RIN 2900–AQ23
VA Acquisition Regulation:
Department of Veterans Affairs
Acquisition Regulation System and
Research and Development
Department of Veterans Affairs.
Final rule.
AGENCY:
The Department of Veterans
Affairs (VA) is issuing a final rule
amending the VA Acquisition
Regulation (VAAR). This rulemaking
revises VAAR coverage concerning
Department of Veterans Affairs
Acquisition Regulation System and
Research and Development. It also
revises affected parts concerning
Definitions of Words and Terms,
Required Sources of Supplies and
Services, Types of Contracts and
Solicitation Provisions and Contract
Clauses.
SUMMARY:
Effective December 21, 2022.
Ms.
Glacia A. Holbert, Senior Procurement
Analyst, Procurement Policy and
Warrant Management Services, 003A2A,
810 Vermont Avenue NW, Washington,
DC 20420, (202) 697–3614. (This is not
a toll-free number.)
SUPPLEMENTARY INFORMATION:
DATES:
FOR FURTHER INFORMATION CONTACT:
Background
VA published a proposed rule in the
Federal Register at 87 FR 10158 on
February 23, 2022, to amend the VAAR
to implement and supplement the FAR.
VA provided a 60-day comment period
for the public to respond to the
proposed rule and submit comments.
The public comment period closed on
April 25, 2022. VA received two
comments from one respondent.
This rulemaking is issued under the
authority of the Office of Federal
Procurement Policy (OFPP) Act which
provides the authority for an agency
head to issue agency acquisition
regulations that implement or
supplement the FAR.
The VAAR has been revised to add
new policy or regulatory requirements,
to update existing policy, and to remove
any redundant guidance where it may
exist in affected parts, and to place
guidance that is applicable only to VA’s
internal operating processes or
procedures in the VAAM.
This rule adopts as a final rule the
proposed rule published in the Federal
Register on February 23, 2022, except
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70745
for one technical non-substantive
change to update terminology in
accordance with FAR final rules as
shown below.
Discussion and Analysis of Public
Comments
The respondent alleged that the
proposed rule could ‘‘. . .unlawfully
Amend U.S. Code to facilitate illegal
land use at the WLA VA Soldiers
Home.’’ This issue has no relevance to
the proposed rule. The respondent also
expressed dismay that Department did
not extend the ‘‘Public a Comment
Period on the WLA VA Soldiers Home’s
‘‘Master Plan’’ and ‘‘Community Plan.’’
This comment did not have any
application to AQ23 which deals with
the Department of Veterans Affairs
Acquisition Regulation System and
Research and Development. VA
appreciates the respondent’s interest in
the rule but the two comments do not
pertain to the content of the regulation.
Therefore, VA is taking no action to
revise the rule based on these
comments.
VA proposes to make the following
changes to the VAAR in this phase of its
revision and streamlining initiative. For
procedural guidance cited below that is
proposed to be deleted from the VAAR,
each section cited for removal has been
considered for inclusion in VA’s
internal agency operating procedures in
accordance with FAR 1.301(a)(2).
Similarly, delegations of authority that
are removed from the VAAR will be
included in the VAAM as internal
agency guidance. The VAAM is being
created in parallel with these revisions
to the VAAR and is not subject to the
rulemaking process as they are internal
VA procedures and guidance. The
VAAM will not be finalized until
corresponding VAAR parts are finalized.
Technical Non-Substantive Changes to
the Rule
This rule makes one non-substantive
change to the rule to provide clarity,
eliminate confusion, and to ensure
compliance with the Federal
Acquisition Regulation (FAR).
Specifically, VA is revising the section
covering the ratification of unauthorized
commitments to clarify the delegation
authority level for unauthorized
commitments below $25,000.
VA is revising the final rule at
801.602–3 as reflected in the
amendatory text as follows:
‘‘801.602–3, Ratification of
unauthorized commitments.
(a) This section applies to
unauthorized commitments, including
any commitment made by a contracting
officer that exceeds that contracting
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]]>Agencies
[Federal Register Volume 87, Number 223 (Monday, November 21, 2022)]
[Rules and Regulations]
[Pages 70744-70745]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-25283]
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DEPARTMENT OF HOMELAND SECURITY
Coast Guard
33 CFR Part 100
[Docket No. USCG-2022-0938]
Special Local Regulations; Marine Events Within the Captain of
the Port Charleston
AGENCY: Coast Guard, DHS.
ACTION: Notification of enforcement of regulation.
-----------------------------------------------------------------------
SUMMARY: The Coast Guard will enforce the special local regulation to
provide for the safety and security of certain
[[Page 70745]]
navigable waterways of Charleston Harbor during the Charleston Parade
of Boats. Our regulation for marine events within the Captain of the
Port Charleston identifies the regulated area for this event in the
Charleston Harbor, SC. During the enforcement periods, no person or
vessel may enter, transit through, anchor in, or remain within the
designated area unless authorized by the Captain of the Port Charleston
(COTP) or a designated representative.
DATES: The regulations in 33 CFR 100.704 will be enforced for the
location identified in Item 10 of Table 1 to Sec. 100.704 from 4 p.m.
until 8 p.m. on December 10, 2022.
FOR FURTHER INFORMATION CONTACT: If you have questions about this
notification of enforcement, call or email LT. James Sullivan, Sector
Charleston Waterways Management Division, U.S. Coast Guard; telephone
(843) 740-3184, email [email protected].
SUPPLEMENTARY INFORMATION:
The Coast Guard will enforce the special local regulation in 33 CFR
100.704, Table 1 to Sec. 100.704, Item 10, for the Charleston Parade
of Boats from 4 p.m. until 8 p.m. on December 10, 2022. This action is
being taken to provide for the safety of life on navigable waterways
during this event. Our regulation for marine events within the Captain
of the Port Charleston, Sec. 100.704, specifies the location of the
regulated area for the Charleston Parade of Boats which encompasses
portions of the Charleston Harbor including Anchorage A, Shutes Folly,
Bennis Reach, Horse Reach, Hog Island Reach, Town Creek Lower Reach,
and Ashley River. During the enforcement periods, as reflected in Sec.
100.100(c), if you are the operator of a vessel in the regulated area
you must comply with directions from the Patrol Commander or any
official patrol vessel.
In addition to this notice of enforcement in the Federal Register,
the Coast Guard plans to provide notification of this enforcement
period via the Local Notice to Mariners, Broadcast Notice to Mariners,
and on-scene designated representatives.
Dated: November 15, 2022.
J.D. Cole,
Captain, U.S. Coast Guard, Captain of the Port Charleston.
[FR Doc. 2022-25283 Filed 11-18-22; 8:45 am]
BILLING CODE 9110-04-P
