Cost Accounting Standards Board; Accounting for the Costs of Employee Stock Ownership Plans (ESOPs) Sponsored by Government Contractors
The Cost Accounting Standards Board (CASB), Office of Federal Procurement Policy, invites public comments on proposed amendments to the Cost Accounting Standards (CAS) 412, ``Cost accounting standard for composition and measurement of pension cost,'' and CAS 415, ``Accounting for the cost of deferred compensation.'' These proposed amendments address issues concerning the recognition of the costs of Employee Stock Ownership Plans (ESOPs) under Government cost-based contracts and subcontracts. These proposed amendments provide criteria for measuring the costs of ESOPs and their assignment to cost accounting periods. The allocation of a contractor's assigned ESOP costs to contracts and subcontracts is addressed in other Standards. The proposed amendments also specify that accounting for the costs of ESOPs will be covered by the provisions of CAS 415, ``Accounting for the cost of deferred compensation'' and not by any other Standard.
Privacy Act of 1974; System of Records and Routine Uses
The Central Intelligence Agency has undertaken and completed an Agency-wide review of its Privacy Act systems of records. As a result of this review, in the May 24 2005 issue of the Federal Register, the Agency solicited public comments on the complete set of proposed revised Privacy Act systems of records notices, the proposed modification of one of its existing routine uses, and the proposed addition of seven new routine uses to its ``Statement of General Routine Uses'' for information subject to the Privacy Act. As required by the Privacy Act, the Agency provided an opportunity for interested persons to submit comments on these notices and routine uses. The Agency did not receive any comments.
Audits of States, Local Governments, and Non-Profit Organizations; Circular A-133 Compliance Supplement
This notice announces the availability of the Compliance Supplement (Supplement) for 2005. The Single Audit Act Amendments of 1996 and OMB Circular A-133 provide for the Office of Management and Budget to issue a compliance supplement to assist auditors in performing the required audits under Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations. Annually, OMB works with the Federal agencies to update the program objectives, procedures and key compliance requirements which the Federal Government expects to be considered in single audits of federal programs. For 2005, the updates include new or significantly changed programs in Parts 4, those parts of the Supplement that relate to the Part 4 changes and updated appendices. The 2005 Supplement updates amend the 2004 Supplement and should be used in conjunction with the 2004 Supplement to perform audits for fiscal years beginning after June 30, 2004. In summary, the 2005 Supplement updates include the following: Updated Table of Contents. Updated Parts 1 and 2. Six new programs. A re-write of 10 programs with significant changes. Two deleted programs. Updated appendices III, IV and V. A listing of minor changes for 28 programs (Appendix V). A complete list of changes from the 2004 Supplement can be found at Appendix V of the 2005 Supplement. Due to its length, the 2005 Supplement updates are not included in this notice but are available on the OMB Web site at (http://www.whitehouse.gov/omb/circulars/a133- compliance/05/05toc.html) or in hard copy from the Government Printing Office (see ADDRESSES for information about how to obtain a copy). This notice also offers interested parties an opportunity to comment on the 2005 Supplement updates.
Other Requirements of NEPA
Change existing US postal address at 40 CFR 1506.9 to update and add second address to facilitate deliveries made in-person or by commercial express mail service.
Request for Information Relating to Research Awards
Many areas of today's research require multi-disciplinary teams in which the intellectual leadership of the project is shared among two or more individuals. To facilitate this team approach through recognition of the contributions of the team leadership members, OSTP issued a memorandum to all Federal research agencies on January 4, 2005, requiring them to formally allow more than one PI on individual research awards. The Federal agencies are now seeking input from the research communityscientists, research administrators, and organizations that represent components of the scientific research communityon how best to implement this policy. The current Request for Information (RFI) poses a series of questions around core elements that may comprise each agency's implementation plan. These elements include: (1) Statement of what constitutes a PI; (2) designation of contact PI; (3) application instructions for listing more than one PI; (4) PIs at different institutions; (5) access to award and review information, and (6) access to public data systems.
Fleet Alternative Fuel Use and Vehicle Acquisition Report for Fiscal Years 2004 and 2005 (Through June 2005)
Pursuant to the Energy Policy Act of 1992 (EPAct) (42 U.S.C. 13218(b)) and Executive Order 13149, the Central Intelligence Agency gives notice of its intention to make its Fleet Alternative Fuel Use and Vehicle Acquisition Report for Fiscal Years 2004 and 2005 (through June 2005) available on-line as of July 14, 2005, at http:// www.cia.gov/cia/reports/afvreports/2005/index.html and at http:// www.cia.gov/cia/reports/afvreports/2005/report.pdf.
Proposed Revisions to OMB Statistical Policy Directive No. 1, Standards for Statistical Surveys, and OMB Statistical Policy Directive No. 2, Publication of Statistics
As part of an ongoing effort to improve the quality, objectivity, utility, and integrity of information collected and disseminated by the Federal Government, the Office of Management and Budget (OMB) requests comments on the recommendations that it has received from the Federal Committee on Statistical Methodology (FCSM) Subcommittee on Standards for Statistical Surveys to update and revise OMB Statistical Policy Directive No. 1, Standards for Statistical Surveys, and OMB Statistical Policy Directive No. 2, Publication of Statistics. The guidance, which applies to all Federal agencies subject to the Paperwork Reduction Act of 1995, is intended to ensure that the results of statistical surveys sponsored by the Federal Government are as reliable and useful as possible. The FCSM Subcommittee's recommendations, which are available in their entirety on the OMB Web site at http://www.whitehouse.gov/omb/inforeg/statpolicy.html, are the result of a two-year comprehensive review of the current standards.
Generalized System of Preferences (GSP): Notice of the Results of the 2004 Annual Product Review
This notice announces the disposition of the product petitions accepted for review in the 2004 GSP Annual Product Review (including self-initiated product reviews) and the results of the 2004 De Minimis Waiver, the 2004 Redesignation, and the 2004 Competitive Need Limitation Reviews.
Acquisition Advisory Panel; Notification of Upcoming Meetings of the Acquisition Advisory Panel
The Office of Management and Budget announces two meetings of the Acquisition Advisory Panel (AAP or ``Panel'') established in accordance with the Services Acquisition Reform Act of 2003.
Andean Trade Preference Act (ATPA), as Amended: Notice Regarding the 2003 and 2004 Annual Reviews
In January 2005, the Office of the United States Trade Representative (USTR) published a notice specifying the results of the preliminary review of petitions it received in September 2004 in connection with the annual ATPA review and modifying the schedule for consideration of the remaining petitions. The January 2005 notice also specified the status of the petitions filed in 2003 that have remained under review. The Trade Policy Staff Committee has decided to continue the review of pending petitions.
Revision of Mexico's Government Entities and Enterprises Covered by the Government Procurement Chapter of the North American Free Trade Agreement
Under the North American Free Trade Agreement (NAFTA), coverage of the government procurement chapter is based on positive lists of government entities and enterprises for each NAFTA Party (United States, Canada and Mexico). The lists for each Party are contained in its Schedules to Annex 1001.1a-1 (Federal Government Entities) and Annex 1001.1a-2 (Government Enterprises) of the NAFTA Chapter on Government Procurement. The Chapter provides a process for rectifications and modifications of the Schedules. In 2004, Mexico modified its Schedules to reflect changes in its government structure. The Parties have approved the changes to Mexico's federal government entities and government enterprises schedules. Mexico published its revised Schedules in the Diario Oficial de la Federaci[oacute]n de M[eacute]xico in February 2005. The revised Mexican Schedules are set out below.