80_FR_30563 80 FR 30461 - Federal Procurement Data System Product Service Code Manual Update

80 FR 30461 - Federal Procurement Data System Product Service Code Manual Update

GENERAL SERVICES ADMINISTRATION

Federal Register Volume 80, Issue 102 (May 28, 2015)

Page Range30461-30462
FR Document2015-12891

This notice announces that the Product and Service Codes (PSC) Manual, which provides codes to describe products, services, and research and development purchased by the government, is in the process of being updated. The General Services Administration (GSA), which maintains the PSC Manual, is in the process of updating the manual. The update includes the addition, deletion or revisions of codes. The revised PSC Manual will be effective October 1, 2015 (FY 2016).

Federal Register, Volume 80 Issue 102 (Thursday, May 28, 2015) 
[Federal Register Volume 80, Number 102 (Thursday, May 28, 2015)]
[Notices]
[Pages 30461-30462]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-12891]


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GENERAL SERVICES ADMINISTRATION

[Notice-2015-QVO-01; Docket No. 2015-0002; Sequence 12]


Federal Procurement Data System Product Service Code Manual 
Update

AGENCY: Federal Acquisition Service; General Services Administration.

ACTION: Notice.

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SUMMARY: This notice announces that the Product and Service Codes (PSC) 
Manual, which provides codes to describe products, services, and 
research and development purchased by the government, is in the process 
of being updated. The General Services Administration (GSA), which 
maintains the PSC Manual, is in the process of updating the manual. The 
update includes the addition, deletion or revisions of codes. The 
revised PSC Manual will be effective October 1, 2015 (FY 2016).

DATES: Effective: May 28, 2015.
    Comments: Interested parties should submit written comments to the 
Regulatory Secretariat at one of the addresses shown below on or before 
June 29, 2015.

ADDRESSES: Submit comments, June 29, 2015, identified by Notice-2015-
QVO-01, Federal Procurement Data System Product and Service Codes 
Manual Update, by any of the following methods:
     Regulations.gov: http://www.regulations.gov. Submit 
comments via the Federal eRulemaking portal by searching for Notice-
2015-QVO-01. Select the link ``Comment Now'' that corresponds with 
``Notice-2015-QVO-01, Federal Procurement Data System Product and 
Service Codes Manual Update''. Follow the instructions provided on the 
screen. Please include your name, company name (if any), and

[[Page 30462]]

``Notice-2015-QVO-01, Federal Procurement Data System Product and 
Service Codes Manual Update,'' on your attached document.
     Mail: General Services Administration, Regulatory 
Secretariat Division (MVCB), 1800 F Street NW., Washington, DC 20405. 
ATTN: Ms. Flowers.
    Instructions: Please submit comments only and cite Notice-2015-QVO-
01, Federal Procurement Data System Product and Service Codes Manual 
Update, in all correspondence related to this notice. All comments 
received will be posted without change to http://www.regulations.gov, 
including any personal and/or business confidential information 
provided.

FOR FURTHER INFORMATION CONTACT: Ms. Pat Brooks at pat.brooks@gsa.gov 
or 703-605-3406.

SUPPLEMENTARY INFORMATION: The Product and Service Codes (PSC) Manual 
provides codes to describe products, services, and research and 
development purchased by the government. The codes are one of the data 
elements reported in the Federal Procurement Data System (FPDS). The 
GSA, which maintains the PSC Manual, is in the process of updating the 
manual. The update includes the addition, deletion or revisions of 
codes.
    The list of PSC code revisions is titled ``Notice-2015-QVO-01; 
Docket No. 2015-0002; Sequence 12, Federal Procurement Data System 
Product and Service Codes Manual'' and is viewable and searchable on 
regulation.gov. The current manual titled ``Federal Procurement Data 
System Product and Service Codes Manual, August 2011 Edition'' is also 
posted on regulation.gov. A thirty (30) day comment period is 
available.

    Dated: May 19, 2015.
Karen Kopf,
Acting Assistant Commissioner, Integrated Award Environment, Federal 
Acquisition Service.
[FR Doc. 2015-12891 Filed 5-27-15; 8:45 am]
 BILLING CODE 6820-89-P

Federal Register / Vol. 80, No. 102 / Thursday, May 28, 2015 / Notices 30461 mandatory and voluntary respondents should include a description of the should determine that, consistent with are required to meet certain banking organization’s overall capital- safety and soundness, the banking qualification requirements before they management process, including the organization’s capital takes into account can use the advanced approaches committees and individuals responsible all material risks and is appropriate for framework for risk-based capital for the ICAAP; the frequency and its risk profile. However, in the event a purposes. distribution of ICAAP-related reporting; capital deficiency is uncovered (that is, The Pillar 2 Guidance sets the and the procedures for the periodic if capital is not consistent with the expectation that respondents maintain evaluation of the appropriateness and banking organization’s risk profile or certain documentation as described in adequacy of the ICAAP. In addition, risk tolerance) management should paragraphs 37, 41, 43, and 46 of this where applicable, ICAAP consult and adhere to formal procedures portion of the guidance. Details of the documentation should demonstrate the to correct the capital deficiency. expectations for each section are banking organization’s sound use of Board of Governors of the Federal Reserve provided below. quantitative methods (including model System, May 21, 2015. Setting and Assessing Capital Adequacy selection and limitations) and data- Robert deV. Frierson, Goals That Relate to Risk selection techniques, as well as Secretary of the Board. appropriate maintenance, controls, and Paragraph 37. In analyzing capital validation. A banking organization [FR Doc. 2015–12738 Filed 5–27–15; 8:45 am] adequacy, a banking organization should document and explain the role BILLING CODE 6210–01–P should evaluate the capacity of its of third-party and vendor products, capital to absorb losses. Because various services and information—including definitions of capital are used within methodologies, model inputs, systems, GENERAL SERVICES the banking industry, each banking data, and ratings—and the extent to ADMINISTRATION organization should state clearly the which they are used within the ICAAP. definition of capital used in any aspect [Notice-2015–QVO–01; Docket No. 2015– A banking organization should have a 0002; Sequence 12] of its internal capital adequacy process to regularly evaluate the assessment process (ICAAP).2 Since performance of third-party and vendor Federal Procurement Data System components of capital are not products, services and information. As Product Service Code Manual Update necessarily alike and have varying part of the ICAAP documentation, a capacities to absorb losses, a banking banking organization should document AGENCY: Federal Acquisition Service; organization should be able to the assumptions, methods, data, General Services Administration. demonstrate the relationship between information, and judgment used in its ACTION: Notice. its internal capital definition and its quantitative and qualitative approaches. assessment of capital adequacy. If a SUMMARY: This notice announces that Paragraph 43. The board of directors banking organization’s definition of the Product and Service Codes (PSC) and senior management have certain capital differs from the regulatory Manual, which provides codes to responsibilities in developing, definition, the banking organization describe products, services, and implementing, and overseeing the should reconcile such differences and ICAAP. The board should approve the research and development purchased by provide an analysis to support the ICAAP and its components. The board the government, is in the process of inclusion of any capital instruments that or its appropriately delegated agent being updated. The General Services are not recognized under the regulatory should review the ICAAP and its Administration (GSA), which maintains definition. Although common equity is components on a regular basis, and the PSC Manual, is in the process of generally the predominant component approve any revisions. That review updating the manual. The update of a banking organization’s capital should encompass the effectiveness of includes the addition, deletion or structure, a banking organization may be the ICAAP, the appropriateness of risk revisions of codes. The revised PSC able to support the inclusion of other tolerance levels and capital planning, Manual will be effective October 1, 2015 capital instruments in its internal and the strength of control (FY 2016). definition of capital if it can infrastructures. Senior management DATES: Effective: May 28, 2015. demonstrate a similar capacity to absorb should continually ensure that the Comments: Interested parties should losses. The banking organization should ICAAP is functioning effectively and as submit written comments to the document any changes in its internal intended, under a formal review policy Regulatory Secretariat at one of the definition of capital, and the reason for that is explicit and well documented. addresses shown below on or before those changes. Additionally, a banking organization’s June 29, 2015. internal audit function should play a ADDRESSES: Submit comments, June 29, Ensuring Integrity of Internal Capital 2015, identified by Notice–2015–QVO– key role in reviewing the controls and Adequacy Assessments 01, Federal Procurement Data System governance surrounding the ICAAP on Paragraph 41. A banking organization an ongoing basis. Product and Service Codes Manual should maintain thorough Paragraph 46. As part of the ICAAP, Update, by any of the following documentation of its ICAAP to ensure the board or its delegated agent, as well methods: transparency. At a minimum, this as appropriate senior management, • Regulations.gov: http:// should periodically review the resulting www.regulations.gov. Submit comments assessment of overall capital adequacy. via the Federal eRulemaking portal by asabaliauskas on DSK5VPTVN1PROD with NOTICES 2 A bank holding company with total consolidated assets of $50 billion or more is This review, which should occur at least searching for Notice–2015–QVO–01. required to develop and maintain a capital plan, which must set forth a capital adequacy process. 76 annually, should include an analysis of Select the link ‘‘Comment Now’’ that FR 74631 (December 1, 2011). ICAAP would how measures of internal capital corresponds with ‘‘Notice–2015–QVO– constitute an internal capital adequacy process for adequacy compare with other capital 01, Federal Procurement Data System purposes of the final rule, and bank holding measures (such as regulatory, Product and Service Codes Manual companies that have a satisfactory ICAAP generally would be considered to have a satisfactory internal accounting-based or market- Update’’. Follow the instructions capital adequacy process for purposes of the final determined). Upon completion of this provided on the screen. Please include rule. review, the board or its delegated agent your name, company name (if any), and VerDate Sep<11>2014 18:18 May 27, 2015 Jkt 235001 PO 00000 Frm 00031 Fmt 4703 Sfmt 4703 E:\FR\FM\28MYN1.SGM 28MYN1

30462 Federal Register / Vol. 80, No. 102 / Thursday, May 28, 2015 / Notices ‘‘Notice–2015–QVO–01, Federal to the Office of Management and Budget majority of data using qualitative Procurement Data System Product and (OMB) for review and approval in methods, many studies covered under Service Codes Manual Update,’’ on your accordance with the Paperwork this generic information collection, will attached document. Reduction Act of 1995. The notice for involve a mixed methods approach for • Mail: General Services the proposed information collection is data collection. Administration, Regulatory Secretariat published to obtain comments from the The rapid inquiries will include Division (MVCB), 1800 F Street NW., public and affected agencies. multiple well-established qualitative Washington, DC 20405. ATTN: Ms. Written comments and suggestions methodologies, which may include but Flowers. from the public and affected agencies not be limited to in-depth individual Instructions: Please submit comments concerning the proposed collection of interviews, focus groups, direct only and cite Notice–2015–QVO–01, information are encouraged. Your observations, case studies, document Federal Procurement Data System comments should address any of the reviews, or brief quantitative surveys Product and Service Codes Manual following: (a) Evaluate whether the assessing demographics, behaviors, Update, in all correspondence related to proposed collection of information is attitudes, intentions, beliefs, or other this notice. All comments received will necessary for the proper performance of attributes of the respondents. In some be posted without change to http:// the functions of the agency, including assessments, additional contextual www.regulations.gov, including any whether the information will have information may be collected, such as personal and/or business confidential practical utility; (b) Evaluate the information about the respondents’ information provided. accuracy of the agencies estimate of the community, workplaces, or FOR FURTHER INFORMATION CONTACT: Ms. burden of the proposed collection of organizations and places where they Pat Brooks at pat.brooks@gsa.gov or information, including the validity of interact. CDC expects to collect 703–605–3406. the methodology and assumptions used; qualitative data from approximately SUPPLEMENTARY INFORMATION: The (c) Enhance the quality, utility, and 1,800 respondents, assuming three Product and Service Codes (PSC) clarity of the information to be research studies per year with each Manual provides codes to describe collected; (d) Minimize the burden of research study collecting data from 200 products, services, and research and the collection of information on those respondents. development purchased by the who are to respond, including through For all proposed studies under this government. The codes are one of the the use of appropriate automated, generic information collection, our data elements reported in the Federal electronic, mechanical, or other efforts are expected to provide insight Procurement Data System (FPDS). The technological collection techniques or regarding a wide array of HIV-related GSA, which maintains the PSC Manual, other forms of information technology, programs designed for various is in the process of updating the e.g., permitting electronic submission of populations throughout the United manual. The update includes the responses; and (e) Assess information States, including but not limited to: addition, deletion or revisions of codes. collection costs. Persons living with HIV/AIDS (PLWH); The list of PSC code revisions is titled To request additional information on persons at elevated risk for acquiring ‘‘Notice–2015–QVO–01; Docket No. the proposed project or to obtain a copy new HIV infection or transmitting 2015–0002; Sequence 12, Federal of the information collection plan and existing HIV infection to others; Procurement Data System Product and instruments, call (404) 639–7570 or clinicians or other HIV care providers; Service Codes Manual’’ and is viewable send an email to omb@cdc.gov. Written men who have sex with men (MSM); and searchable on regulation.gov. The comments and/or suggestions regarding transgender persons; injection and current manual titled ‘‘Federal the items contained in this notice noninjection drug users; incarcerated Procurement Data System Product and should be directed to the Attention: populations or ex-prisoners; commercial Service Codes Manual, August 2011 CDC Desk Officer, Office of Management sex workers; male and female Edition’’ is also posted on and Budget, Washington, DC 20503 or heterosexual groups at high risk for HIV regulation.gov. A thirty (30) day by fax to (202) 395–5806. Written infection; and other providers and comment period is available. comments should be received within 30 organizations (e.g., health departments, days of this notice. Dated: May 19, 2015. community-based organizations, public Karen Kopf, Proposed Project and private health clinics, advocacy Acting Assistant Commissioner, Integrated Using Rapid Assessment Methods to groups, community groups, or other Award Environment, Federal Acquisition Understand Issues in HIV Prevention, governmental and nongovernmental Service. Care and Treatment in the United organizations) serving or otherwise [FR Doc. 2015–12891 Filed 5–27–15; 8:45 am] States—New—National Center for HIV/ interacting with persons at greatest need BILLING CODE 6820–89–P AIDS, Viral Hepatitis, STD, and TB for HIV prevention, care, and treatment. Prevention (NCHHSTP), Centers for Recruitment procedures will vary Disease Control and Prevention (CDC). slightly based on the target population DEPARTMENT OF HEALTH AND and research design of each information Background and Brief Description collection submitted under this generic HUMAN SERVICES The Centers for Disease Control and information collection. Partner Centers for Disease Control and Prevention requests approval for a 3- organizations such as public and private year clearance to collect data using health clinics and community-based asabaliauskas on DSK5VPTVN1PROD with NOTICES Prevention rapid qualitative inquiries to understand organizations that serve the target [30Day–15–14APJ] issues related to HIV prevention, care, populations in the respective geographic Agency Forms Undergoing Paperwork and treatment in the United States. locations may be contacted for their Reduction Act Review Rapid inquiries are concentrated data assistance in recruitment of potential collection and iterative data analytic respondents. Respondents may be The Centers for Disease Control and efforts focused on timely and relevant identified and selected as key Prevention (CDC) has submitted the responses to urgent issues and research informants and invited to participate by following information collection request questions. Although we will collect the contractor staff members. VerDate Sep<11>2014 18:18 May 27, 2015 Jkt 235001 PO 00000 Frm 00032 Fmt 4703 Sfmt 4703 E:\FR\FM\28MYN1.SGM 28MYN1


Document Created: 2018-02-21 10:33:00
Document Modified: 2018-02-21 10:33:00
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice.
DatesEffective: May 28, 2015.
ContactMs. Pat Brooks at [email protected] or 703-605-3406.
FR Citation80 FR 30461 
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