Guidelines for Reporting Bundled and Consolidated Contracts, 65417-65418 [2023-20521]
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Federal Register / Vol. 88, No. 183 / Friday, September 22, 2023 / Notices
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increased liquidity removing order flow
would increase opportunities for
execution of other trading interest. The
proposed modifications would be
available to all similarly-situated market
participants and, as such, the proposed
change would not impose a disparate
burden on competition among market
participants on the Exchange.
Intermarket Competition. The
Exchange operates in a highly
competitive market in which market
participants can readily favor one of the
16 competing option exchanges if they
deem fee levels at a particular venue to
be excessive. In such an environment,
the Exchange must continually adjust its
fees to remain competitive with other
exchanges and to attract order flow to
the Exchange. Based on publiclyavailable information, and excluding
index-based options, no single exchange
has more than 16% of the market share
of executed volume of multiply-listed
equity and ETF options trades.18
Therefore, currently no exchange
possesses significant pricing power in
the execution of multiply-listed equity
and ETF options order flow. More
specifically, in July 2023, the Exchange
had less than 12% market share of
executed volume of multiply-listed
equity and ETF options trades.19
The Exchange believes that the
proposed rule change reflects this
competitive environment because it
modifies the Exchange’s fees in a
manner designed to incent OTP Holders
to direct trading to the Exchange, to
provide liquidity and to attract order
flow. To the extent that this purpose is
achieved, all the Exchange’s market
participants should benefit from the
improved market quality and increased
opportunities for price improvement.
The Exchange believes that the
proposed change could promote
competition between the Exchange and
other execution venues, including
another options exchange that currently
also offers tiered rates for some
Customer liquidity removing interest,20
by encouraging additional orders to be
sent to the Exchange for execution.
18 The OCC publishes options and futures volume
in a variety of formats, including daily and monthly
volume by exchange, available here: https://
www.theocc.com/Market-Data/Market-DataReports/Volume-and-Open-Interest/MonthlyWeekly-Volume-Statistics.
19 Based on a compilation of OCC data for
monthly volume of equity-based options and
monthly volume of equity-based ETF options, see
id., the Exchange’s market share in equity-based
options increased slightly from 11.30% for the
month of July 2022 to 11.50% for the month of July
2023.
20 See note 14, supra.
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16:40 Sep 21, 2023
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C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
No written comments were solicited
or received with respect to the proposed
rule change.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
The foregoing rule change is effective
upon filing pursuant to Section
19(b)(3)(A) 21 of the Act and
subparagraph (f)(2) of Rule 19b–4 22
thereunder, because it establishes a due,
fee, or other charge imposed by the
Exchange.
At any time within 60 days of the
filing of such proposed rule change, the
Commission summarily may
temporarily suspend such rule change if
it appears to the Commission that such
action is necessary or appropriate in the
public interest, for the protection of
investors, or otherwise in furtherance of
the purposes of the Act. If the
Commission takes such action, the
Commission shall institute proceedings
under Section 19(b)(2)(B) 23 of the Act to
determine whether the proposed rule
change should be approved or
disapproved.
65417
internet website (https://www.sec.gov/
rules/sro.shtml). Copies of the
submission, all subsequent
amendments, all written statements
with respect to the proposed rule
change that are filed with the
Commission, and all written
communications relating to the
proposed rule change between the
Commission and any person, other than
those that may be withheld from the
public in accordance with the
provisions of 5 U.S.C. 552, will be
available for website viewing and
printing in the Commission’s Public
Reference Room, 100 F Street NE,
Washington, DC 20549, on official
business days between the hours of 10
a.m. and 3 p.m. Copies of the filing also
will be available for inspection and
copying at the principal office of the
Exchange. Do not include personal
identifiable information in submissions;
you should submit only information
that you wish to make available
publicly. We may redact in part or
withhold entirely from publication
submitted material that is obscene or
subject to copyright protection. All
submissions should refer to file number
SR–NYSEARCA–2023–62 and should be
submitted on or before October 13,
2023.
IV. Solicitation of Comments
Interested persons are invited to
submit written data, views and
arguments concerning the foregoing,
including whether the proposed rule
change is consistent with the Act.
Comments may be submitted by any of
the following methods:
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.24
Sherry R. Haywood,
Assistant Secretary.
Electronic Comments
• Use the Commission’s internet
comment form (https://www.sec.gov/
rules/sro.shtml); or
• Send an email to rule-comments@
sec.gov. Please include file number SR–
NYSEARCA–2023–62 on the subject
line.
SMALL BUSINESS ADMINISTRATION
Paper Comments
• Send paper comments in triplicate
to Secretary, Securities and Exchange
Commission, 100 F Street NE,
Washington, DC 20549–1090.
All submissions should refer to file
number SR–NYSEARCA–2023–62. This
file number should be included on the
subject line if email is used. To help the
Commission process and review your
comments more efficiently, please use
only one method. The Commission will
post all comments on the Commission’s
21 15
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f)(2).
23 15 U.S.C. 78s(b)(2)(B).
[FR Doc. 2023–20520 Filed 9–21–23; 8:45 am]
BILLING CODE 8011–01–P
Guidelines for Reporting Bundled and
Consolidated Contracts
U.S. Small Business
Administration.
ACTION: Notice.
AGENCY:
The U.S. Small Business
Administration (SBA) submits an
annual Contract Bundling Report to
Congress which provides the total
bundled contract dollars and
information regarding bundled contracts
for the prior fiscal year (FY). Section
873 of the National Defense
Authorization Act (NDAA) for FY 2023
amended the U.S. Code (U.S.C.)
requiring data and information on the
consolidation of contract requirements
to be included in the annual Contract
Bundling and Consolidation Report to
Congress. Beginning in December 2023,
the Federal agencies shall provide data
SUMMARY:
22 17
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CFR 200.30–3(a)(12).
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65418
Federal Register / Vol. 88, No. 183 / Friday, September 22, 2023 / Notices
and information on all bundled or
consolidated contract requirements in
their annual reports to SBA.
FOR FURTHER INFORMATION CONTACT:
Donna Fudge, Procurement Analyst,
Office of Policy, Planning, and Liaison,
Small Business Administration, at
Donna.fudge@sba.gov, (202) 205–6363.
SUPPLEMENTARY INFORMATION: The
National Defense Authorization Act
(NDAA) for FY 2023, section 873,
amended 15 U.S.C. 644(p) requiring
data and information on the
consolidation of contract requirements
to be included in the annual Contract
Bundling and Consolidation Report to
Congress. Beginning in December 2023,
the Federal agencies shall provide data
and information on all bundled or
consolidated contract requirements in
their annual reports to SBA.
Each annual report shall include the
following information:
• Data on the number, arranged by
NAICS, of small business concerns
displaced as prime contractors as a
result of the award of bundled or
consolidated contracts by Federal
agencies; and
• A description of the activities with
respect to previously bundled or
consolidated contracts of each Federal
agency during the preceding year,
including—
• Data on the number and total dollar
amount of all contract requirements that
were included in bundled or
consolidated contracts; and
With respect to each bundled or
consolidated contract, data or
information on—
• The justification for the bundling of
contract requirements or consolidation
of contract requirements (as applicable);
• The cost savings realized by the
bundling of contract requirements or the
consolidation of contract requirements
(as applicable) over the life of the
contract;
• The extent to which maintaining
contract requirements in a bundled or
consolidated contract is projected to
result in continued savings;
• The extent to which the bundling of
contract requirements or the
consolidation of contract requirements
(as applicable) complied with the
contracting agency’s small business
subcontracting plan, including the total
dollar value awarded to small business
concerns as subcontractors and the total
dollar value previously awarded to
small business concerns as prime
contractors; and
• The impact of the bundling of
contract requirements or the
consolidation of contract requirements
(as applicable) on small business
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16:40 Sep 21, 2023
Jkt 259001
concerns unable to compete as prime
contractors for the contract and on the
industries of such small business
concerns, including a description of any
changes to the proportion of any such
industry that is composed of small
business concerns.
If SBA does not receive a Contract
Bundling and Consolidation Report
from an agency, SBA will report the
agency and SAM.gov data regarding the
agency’s bundled or consolidated
contracts to Congress with the
consolidated annual report.
If the agency determines that actions
were incorrectly coded as bundled or
consolidated in SAM.gov, the agency is
responsible for correcting SAM.gov to
reflect the accurate status. SBA will not
adjust the SAM.gov data on its own.
The report must be submitted to SBA
in a Section 508 compliant PDF.
Agencies should verify the report is
section 508 compliant with their office
responsible for section 508 compliance
prior to submission to SBA.
Periodic Report for Bundled Contract
Database
Agencies must submit information to
SBA on a periodic basis to include in
the bundling-affected contractors
database, as required by section 15(p)(2)
of the Small Business Act, 15 U.S.C.
644(p)(2). The database identifies each
small business concern that has been
displaced as a prime contractor as the
result of a bundled contract.
In accordance with section 15(p)(2),
agencies must provide to SBA on a
periodic basis—and no less than
annually—(1) a list of the bundled
contracts awarded by the Federal agency
since the agency’s last report and (2) the
name and unique entity identifier (UEI)
for each small business concern that has
been displaced as a prime contractor as
a result of the award of the bundled
contract.
Larry Stubblefield,
Acting Associate Administrator, Office of
Government Contracting and Business
Development.
[FR Doc. 2023–20521 Filed 9–21–23; 8:45 am]
BILLING CODE 8026–09–P
determine that certain objects being
imported from abroad pursuant to an
agreement with their foreign owner or
custodian for temporary display in the
exhibition ‘‘Afterlives: Contemporary
Art in the Byzantine Crypt’’ at The
Metropolitan Museum of Art, New York,
New York, and at possible additional
exhibitions or venues yet to be
determined, are of cultural significance,
and, further, that their temporary
exhibition or display within the United
States as aforementioned is in the
national interest. I have ordered that
Public Notice of these determinations be
published in the Federal Register.
FOR FURTHER INFORMATION CONTACT:
Reed Liriano, Program Coordinator,
Office of the Legal Adviser, U.S.
Department of State (telephone: 202–
632–6471; email: section2459@
state.gov). The mailing address is U.S.
Department of State, L/PD, 2200 C Street
NW (SA–5), Suite 5H03, Washington,
DC 20522–0505.
SUPPLEMENTARY INFORMATION: The
foregoing determinations were made
pursuant to the authority vested in me
by the Act of October 19, 1965 (79 Stat.
985; 22 U.S.C. 2459), Executive Order
12047 of March 27, 1978, the Foreign
Affairs Reform and Restructuring Act of
1998 (112 Stat. 2681, et seq.; 22 U.S.C.
6501 note, et seq.), Delegation of
Authority No. 234 of October 1, 1999,
Delegation of Authority No. 236–3 of
August 28, 2000, and Delegation of
Authority No. 523 of December 22,
2021.
Nicole L. Elkon,
Deputy Assistant Secretary for Professional
and Cultural Exchanges, Bureau of
Educational and Cultural Affairs, Department
of State.
[FR Doc. 2023–20529 Filed 9–21–23; 8:45 am]
BILLING CODE 4710–05–P
DEPARTMENT OF STATE
[Public Notice 12166]
60-Day Notice of Proposed Information
Collection: Supplemental Questions
for Visa Applicants
Notice of request for public
comment.
ACTION:
DEPARTMENT OF STATE
Notice of Determinations; Culturally
Significant Objects Being Imported for
Exhibition—Determinations:
‘‘Afterlives: Contemporary Art in the
Byzantine Crypt’’ Exhibition
Notice is hereby given of the
following determinations: I hereby
SUMMARY:
PO 00000
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The Department of State is
seeking Office of Management and
Budget (OMB) approval for the
information collection described below.
In accordance with the Paperwork
Reduction Act of 1995, we are
requesting comments on this collection
from all interested individuals and
organizations. The purpose of this
notice is to allow 60 days for public
SUMMARY:
[Public Notice: 12189]
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]]>Agencies
[Federal Register Volume 88, Number 183 (Friday, September 22, 2023)]
[Notices]
[Pages 65417-65418]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-20521]
=======================================================================
-----------------------------------------------------------------------
SMALL BUSINESS ADMINISTRATION
Guidelines for Reporting Bundled and Consolidated Contracts
AGENCY: U.S. Small Business Administration.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The U.S. Small Business Administration (SBA) submits an annual
Contract Bundling Report to Congress which provides the total bundled
contract dollars and information regarding bundled contracts for the
prior fiscal year (FY). Section 873 of the National Defense
Authorization Act (NDAA) for FY 2023 amended the U.S. Code (U.S.C.)
requiring data and information on the consolidation of contract
requirements to be included in the annual Contract Bundling and
Consolidation Report to Congress. Beginning in December 2023, the
Federal agencies shall provide data
[[Page 65418]]
and information on all bundled or consolidated contract requirements in
their annual reports to SBA.
FOR FURTHER INFORMATION CONTACT: Donna Fudge, Procurement Analyst,
Office of Policy, Planning, and Liaison, Small Business Administration,
at [email protected], (202) 205-6363.
SUPPLEMENTARY INFORMATION: The National Defense Authorization Act
(NDAA) for FY 2023, section 873, amended 15 U.S.C. 644(p) requiring
data and information on the consolidation of contract requirements to
be included in the annual Contract Bundling and Consolidation Report to
Congress. Beginning in December 2023, the Federal agencies shall
provide data and information on all bundled or consolidated contract
requirements in their annual reports to SBA.
Each annual report shall include the following information:
Data on the number, arranged by NAICS, of small business
concerns displaced as prime contractors as a result of the award of
bundled or consolidated contracts by Federal agencies; and
A description of the activities with respect to previously
bundled or consolidated contracts of each Federal agency during the
preceding year, including--
Data on the number and total dollar amount of all contract
requirements that were included in bundled or consolidated contracts;
and
With respect to each bundled or consolidated contract, data or
information on--
The justification for the bundling of contract
requirements or consolidation of contract requirements (as applicable);
The cost savings realized by the bundling of contract
requirements or the consolidation of contract requirements (as
applicable) over the life of the contract;
The extent to which maintaining contract requirements in a
bundled or consolidated contract is projected to result in continued
savings;
The extent to which the bundling of contract requirements
or the consolidation of contract requirements (as applicable) complied
with the contracting agency's small business subcontracting plan,
including the total dollar value awarded to small business concerns as
subcontractors and the total dollar value previously awarded to small
business concerns as prime contractors; and
The impact of the bundling of contract requirements or the
consolidation of contract requirements (as applicable) on small
business concerns unable to compete as prime contractors for the
contract and on the industries of such small business concerns,
including a description of any changes to the proportion of any such
industry that is composed of small business concerns.
If SBA does not receive a Contract Bundling and Consolidation
Report from an agency, SBA will report the agency and SAM.gov data
regarding the agency's bundled or consolidated contracts to Congress
with the consolidated annual report.
If the agency determines that actions were incorrectly coded as
bundled or consolidated in SAM.gov, the agency is responsible for
correcting SAM.gov to reflect the accurate status. SBA will not adjust
the SAM.gov data on its own.
The report must be submitted to SBA in a Section 508 compliant PDF.
Agencies should verify the report is section 508 compliant with their
office responsible for section 508 compliance prior to submission to
SBA.
Periodic Report for Bundled Contract Database
Agencies must submit information to SBA on a periodic basis to
include in the bundling-affected contractors database, as required by
section 15(p)(2) of the Small Business Act, 15 U.S.C. 644(p)(2). The
database identifies each small business concern that has been displaced
as a prime contractor as the result of a bundled contract.
In accordance with section 15(p)(2), agencies must provide to SBA
on a periodic basis--and no less than annually--(1) a list of the
bundled contracts awarded by the Federal agency since the agency's last
report and (2) the name and unique entity identifier (UEI) for each
small business concern that has been displaced as a prime contractor as
a result of the award of the bundled contract.
Larry Stubblefield,
Acting Associate Administrator, Office of Government Contracting and
Business Development.
[FR Doc. 2023-20521 Filed 9-21-23; 8:45 am]
BILLING CODE 8026-09-P
