Discount Rates for Cost-Effectiveness Analysis of Federal Programs, 12423 [2023-03920]

Download as PDF Federal Register / Vol. 88, No. 38 / Monday, February 27, 2023 / Notices U.S. International Trade Commission, shall designate the presiding Administrative Law Judge. Responses to the complaint and the notice of investigation must be submitted by the named respondents in accordance with section 210.13 of the Commission’s Rules of Practice and Procedure, 19 CFR 210.13. Pursuant to 19 CFR 201.16(e) and 210.13(a), as amended in 85 FR 15798 (March 19, 2020), such responses will be considered by the Commission if received not later than 20 days after the date of service by the complainants of the complaint and the notice of investigation. Extensions of time for submitting responses to the complaint and the notice of investigation will not be granted unless good cause therefor is shown. Failure of a respondent to file a timely response to each allegation in the complaint and in this notice may be deemed to constitute a waiver of the right to appear and contest the allegations of the complaint and this notice, and to authorize the administrative law judge and the Commission, without further notice to the respondent, to find the facts to be as alleged in the complaint and this notice and to enter an initial determination and a final determination containing such findings, and may result in the issuance of an exclusion order or a cease and desist order or both directed against the respondent. By order of the Commission. Issued: February 21, 2023. Lisa Barton, Secretary to the Commission. [FR Doc. 2023–03904 Filed 2–24–23; 8:45 am] BILLING CODE 7020–02–P OFFICE OF MANAGEMENT AND BUDGET Discount Rates for Cost-Effectiveness Analysis of Federal Programs Office of Management and Budget. ACTION: Revisions to Appendix C of OMB Circular No. A–94. AGENCY: The Office of Management and Budget (OMB) revised Circular No. A–94 in 1992. With that action, OMB specified certain discount rates to be updated annually when the interest rate and inflation assumptions used to prepare the Budget of the United States Government were changed. These updated discount rates are found in Appendix C of the Circular and are to be used for cost-effectiveness analysis, ddrumheller on DSK120RN23PROD with NOTICES SUMMARY: VerDate Sep<11>2014 20:06 Feb 24, 2023 Jkt 259001 including lease-purchase analysis, as specified in the revised Circular. These rates do not apply to regulatory analysis. The revised Circular can be accessed at https://www.whitehouse.gov/wpcontent/uploads/2023/02/AppendixC.pdf. The revised discount rates will be in effect through December 2023. FOR FURTHER INFORMATION CONTACT: Jamie Taber, Office of Economic Policy, Office of Management and Budget, 202– 395–2515, a94@omb.eop.gov. DATES: Zachary Liscow, Associate Director for Economic Policy, Office of Management and Budget. [FR Doc. 2023–03920 Filed 2–24–23; 8:45 am] BILLING CODE 3110–01–P NATIONAL AERONAUTICS AND SPACE ADMINISTRATION [Notice: 23–010] New Conflict of Interest and Conflict of Commitment Policy for Recipients of NASA Financial Assistance Awards National Aeronautics and Space Administration (NASA). ACTION: Notice of request for public comment; extension of comment period. AGENCY: To address undue foreign influence in NASA-supported research and ensure responsible stewardship of taxpayer dollars, NASA has developed a new conflict of interest (COI) and conflict of commitment (COC) disclosure policy and an associated term and condition applicable to entities implementing NASA financial assistance awards that will be implemented in NASA’s Grant and Cooperative Agreement Manual (GCAM). Therefore, the Agency is soliciting public comment on this new policy. This notice extends the public comment due date. DATES: The comment period for the notice published January 30, 2023, at 88 FR 5930, is extended. Comments should be received on or before March 31, 2023. ADDRESSES: Please address comments to Christopher Murguia, Senior Analyst, National Aeronautics and Space Administration Headquarters, 300 E Street SW, Rm. 5L32, Washington, DC 20546; telephone 202–909–5918; or email christopher.e.murguia@nasa.gov. We encourage respondents to submit comments via email to ensure timely receipt. We cannot guarantee that mailed comments will be received before the comment closing date. Please include ‘‘COI/COC Policy’’ in the subject line of email messages. SUMMARY: PO 00000 Frm 00117 Fmt 4703 Sfmt 4703 12423 FOR FURTHER INFORMATION CONTACT: Christopher Murguia, email: christopher.e.murguia@nasa.gov; telephone 202–909–5918. SUPPLEMENTARY INFORMATION: In response to U.S. Government Accountability Office (GAO) recommendations in the report GAO– 21–130, Federal Research: Agencies Need to Enhance Policies to Address Foreign Influence, NASA is taking steps to address undue foreign influence in research and ensure responsible stewardship of taxpayer dollars. NASA is implementing new policy that requires financial assistance award recipients to (1) maintain written and enforced policies that require covered individuals to disclose COI and COC to the recipient entity; (2) eliminate or, where appropriate, manage or reduce the disclosed conflict; and (3) disclose to NASA any conflict that cannot be eliminated, managed, or reduced. NASA’s policy also describes how the Agency will address disclosures and the enforcement actions the Agency may take if a covered individual knowingly fails to disclose required information. The policy is accompanied by a term and condition requiring award recipients to comply with the COI and COC disclosure requirements that will be placed into all NASA financial assistance awards after the policy is implemented. Specifically, the policy will be implemented as a revision to the GCAM section 3.3, Conflicts of Interest Policy, and the term and condition will be implemented as an addition to NASA’s standard grant and cooperative agreement terms and conditions template located in the GCAM, Appendix D, Award Terms and Conditions. The full text of the policy and term and condition is provided below and the GCAM can be accessed at https://www.nasa.gov/sites/default/ files/atoms/files/grant_and_ cooperative_agreement_manual_-_oct._ 2022_0.pdf. The GCAM, section 3.3, Conflicts of Interest Policy, will be revised in its entirety as follows: 1. For the purposes of section 3.3, the following definitions apply: a. The term ‘‘conflict of interest,’’ or ‘‘COI,’’ means a situation in which an individual, or the individual’s spouse or dependent children, has a significant financial interest or financial relationship, whether with a domestic or foreign entity, that could directly and significantly affect the design, conduct, reporting, or funding of research or other award-related activities. Examples of potential COI include, but are not E:\FR\FM\27FEN1.SGM 27FEN1

Agencies

[Federal Register Volume 88, Number 38 (Monday, February 27, 2023)]
[Notices]
[Page 12423]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-03920]


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OFFICE OF MANAGEMENT AND BUDGET


Discount Rates for Cost-Effectiveness Analysis of Federal 
Programs

AGENCY: Office of Management and Budget.

ACTION: Revisions to Appendix C of OMB Circular No. A-94.

-----------------------------------------------------------------------

SUMMARY: The Office of Management and Budget (OMB) revised Circular No. 
A-94 in 1992. With that action, OMB specified certain discount rates to 
be updated annually when the interest rate and inflation assumptions 
used to prepare the Budget of the United States Government were 
changed. These updated discount rates are found in Appendix C of the 
Circular and are to be used for cost-effectiveness analysis, including 
lease-purchase analysis, as specified in the revised Circular. These 
rates do not apply to regulatory analysis.
    The revised Circular can be accessed at https://www.whitehouse.gov/wp-content/uploads/2023/02/Appendix-C.pdf.

DATES: The revised discount rates will be in effect through December 
2023.

FOR FURTHER INFORMATION CONTACT: Jamie Taber, Office of Economic 
Policy, Office of Management and Budget, 202-395-2515, [email protected].

Zachary Liscow,
Associate Director for Economic Policy, Office of Management and 
Budget.
[FR Doc. 2023-03920 Filed 2-24-23; 8:45 am]
BILLING CODE 3110-01-P


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