80_FR_57585 80 FR 57401 - Notice of Entering Into a Compact With the Republic of Benin

80 FR 57401 - Notice of Entering Into a Compact With the Republic of Benin

MILLENNIUM CHALLENGE CORPORATION

Federal Register Volume 80, Issue 184 (September 23, 2015)

Page Range57401-57401
FR Document2015-24182

In accordance with Section 610(b)(2) of the Millennium Challenge Act of 2003 (22 U.S.C. 7701-7718) as amended (the Act), and the heading ``Millennium Challenge Corporation'' of the Department of State, Foreign Operations, and Related Programs Appropriations Act, 2015, the Millennium Challenge Corporation (MCC) is publishing a summary of the Millennium Challenge Compact between the United States of America, acting through the Millennium Challenge Corporation, and the Republic of Benin. Representatives of the United States Government and Benin executed the Compact documents on September 9, 2015. The complete text of the Compact has been posted at https://assets.mcc.gov/ documents/compact-benin-power.pdf.

Federal Register, Volume 80 Issue 184 (Wednesday, September 23, 2015)
[Federal Register Volume 80, Number 184 (Wednesday, September 23, 2015)]
[Notices]
[Page 57401]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-24182]


=======================================================================
-----------------------------------------------------------------------

MILLENNIUM CHALLENGE CORPORATION

[MCC FR 15-02]


Notice of Entering Into a Compact With the Republic of Benin

AGENCY: Millennium Challenge Corporation.

ACTION: Notice.

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

SUMMARY: In accordance with Section 610(b)(2) of the Millennium 
Challenge Act of 2003 (22 U.S.C. 7701-7718) as amended (the Act), and 
the heading ``Millennium Challenge Corporation'' of the Department of 
State, Foreign Operations, and Related Programs Appropriations Act, 
2015, the Millennium Challenge Corporation (MCC) is publishing a 
summary of the Millennium Challenge Compact between the United States 
of America, acting through the Millennium Challenge Corporation, and 
the Republic of Benin. Representatives of the United States Government 
and Benin executed the Compact documents on September 9, 2015. The 
complete text of the Compact has been posted at https://assets.mcc.gov/documents/compact-benin-power.pdf.

    Dated: September 18, 2015.
Maame Ewusi-Mensah Frimpong,
Vice President and General Counsel, Millennium Challenge Corporation.

Summary of Millennium Challenge Compact With the Republic of Benin

Explanation of the Millennium Challenge Compact With Benin (Compact)

    The Millennium Challenge Corporation (``MCC'') has entered into a 
five-year, $375 million compact with the Republic of Benin aimed at 
reducing poverty and accelerating economic growth (the ``Compact''). 
The Compact identifies a program that the MCC will fund consisting of 
the following four projects: (a) The Policy Reform and Institutional 
Strengthening Project will support key reforms needed to ensure the 
sustainability of Benin's electric power sector, including professional 
regulation, stronger utility operations, and private sector 
participation in power generation; (b) the Electricity Generation 
Project will increase Benin's domestic generation capacity by up to 78 
megawatts while decreasing the country's dependence on unreliable 
external energy sources through investments in a combination of solar, 
thermal, and hydroelectric power sources; (c) the Electricity 
Distribution Project will improve the nationwide grid by building a 
modern distribution dispatch and control center, as well as the grid in 
Cotonou, Benin's largest city and load center and selected regional 
networks as a complement to the solar investments; and (d) the Off-Grid 
Electricity Access Project will support policy and institutional 
reforms as well as infrastructure financing for off-grid electricity.
    The Compact articulates the terms and conditions, responsibilities, 
and obligations of each of the United States, acting through MCC, and 
Benin, acting through its government. MCC will oversee the 
implementation of the Compact on behalf of the United States. MCA-Benin 
II, a legal entity to be established by the Government of Benin (GoB), 
will manage the implementation of the Compact, while the GoB retains 
ultimate overall responsibility.

Background Information on Negotiations

    In December 2011, MCC's Board of Directors selected Benin as 
eligible for second Compact assistance. Benin was also deemed eligible 
for Compact assistance in fiscal years 2013 and 2015. MCC notified 
Congress pursuant to Section 610(a) of the Millennium Challenge Act of 
2003, as amended (Act) on April 9, 2015, of its intent to commence 
negotiations with Benin, following a 15-day Congressional consultation 
period. Based on MCC's evaluation of the proposed projects and related 
documents, and subsequent discussions and negotiations, MCC and the GoB 
finalized the terms of a Compact, which the MCC Board of Directors 
approved. The Compact was signed on September 9, 2015, by MCC Chief 
Executive Officer Dana J. Hyde, for the United States of America, and 
Komi Koutch[eacute], Minister of State in charge of Economy, Finance 
and Denationalization Programs, for the GoB.

Effect of Compact

    The Compact provides the basis for a grant of funds to the GoB for 
implementation of a program designed to reduce poverty in Benin through 
economic growth. The specific objective of the program is to expand 
business production and productivity, generate greater economic 
opportunities for households, and improve the capacity to provide 
public and social services by improving the quantity and quality of the 
supply of electricity in Benin.

Legal Authority

    Sections 605, 609(a) and 609(g) of the Act.

Entry Into Force

    The Compact will enter into force on the date of the letter from 
MCC to the GoB in an exchange of letters confirming that the GoB has 
completed its domestic requirements for entry into force of the Compact 
and that the conditions precedent to entry into force in Section 7.2 of 
the Compact have been met.

Duration of the Agreement

    The Compact shall remain in force for five years from entry into 
force, unless earlier terminated.

Point of Contact

    General Counsel--(202) 521-3600.

[FR Doc. 2015-24182 Filed 9-22-15; 8:45 am]
BILLING CODE 9211-03-P



                                                                           Federal Register / Vol. 80, No. 184 / Wednesday, September 23, 2015 / Notices                                                57401

                                                  12th South, Suite 4E401, Arlington, VA                  Challenge Corporation, and the                        Background Information on
                                                  22202–5452. Sign in at the receptionist’s               Republic of Benin. Representatives of                 Negotiations
                                                  desk on the 4th floor via the East                      the United States Government and
                                                  elevator.                                               Benin executed the Compact documents                    In December 2011, MCC’s Board of
                                                    Questions about the information                       on September 9, 2015. The complete                    Directors selected Benin as eligible for
                                                  collection requirements may be directed                 text of the Compact has been posted at                second Compact assistance. Benin was
                                                  to the person listed in the FOR FURTHER                                                                       also deemed eligible for Compact
                                                                                                          https://assets.mcc.gov/documents/
                                                  INFORMATION section of this notice.                                                                           assistance in fiscal years 2013 and 2015.
                                                                                                          compact-benin-power.pdf.
                                                                                                                                                                MCC notified Congress pursuant to
                                                  III. Current Actions                                      Dated: September 18, 2015.                          Section 610(a) of the Millennium
                                                    This request for collection of                        Maame Ewusi-Mensah Frimpong,                          Challenge Act of 2003, as amended (Act)
                                                  information contains provisions for                     Vice President and General Counsel,                   on April 9, 2015, of its intent to
                                                  Gamma Radiation Surveys. MSHA has                       Millennium Challenge Corporation.                     commence negotiations with Benin,
                                                  updated the data with respect to the                                                                          following a 15-day Congressional
                                                  number of respondents, responses,                       Summary of Millennium Challenge                       consultation period. Based on MCC’s
                                                  burden hours, and burden costs                          Compact With the Republic of Benin                    evaluation of the proposed projects and
                                                  supporting this information collection                  Explanation of the Millennium                         related documents, and subsequent
                                                  request.                                                Challenge Compact With Benin                          discussions and negotiations, MCC and
                                                    Type of Review: Extension, without                    (Compact)                                             the GoB finalized the terms of a
                                                  change, of a currently approved                                                                               Compact, which the MCC Board of
                                                  collection.                                                The Millennium Challenge                           Directors approved. The Compact was
                                                    Agency: Mine Safety and Health                        Corporation (‘‘MCC’’) has entered into a              signed on September 9, 2015, by MCC
                                                  Administration.                                         five-year, $375 million compact with                  Chief Executive Officer Dana J. Hyde,
                                                    OMB Number: 1219–0039.                                the Republic of Benin aimed at reducing               for the United States of America, and
                                                    Affected Public: Business or other for-               poverty and accelerating economic                     Komi Koutché, Minister of State in
                                                  profit.                                                 growth (the ‘‘Compact’’). The Compact                 charge of Economy, Finance and
                                                    Number of Respondents: 3.                             identifies a program that the MCC will                Denationalization Programs, for the
                                                    Frequency: On occasion.                               fund consisting of the following four                 GoB.
                                                    Number of Responses: 3.                               projects: (a) The Policy Reform and
                                                    Annual Burden Hours: 6 hours.                                                                               Effect of Compact
                                                                                                          Institutional Strengthening Project will
                                                    Annual Respondent or Recordkeeper                                                                             The Compact provides the basis for a
                                                                                                          support key reforms needed to ensure
                                                  Cost: $0.                                                                                                     grant of funds to the GoB for
                                                    Comments submitted in response to                     the sustainability of Benin’s electric
                                                                                                          power sector, including professional                  implementation of a program designed
                                                  this notice will be summarized and                                                                            to reduce poverty in Benin through
                                                  included in the request for Office of                   regulation, stronger utility operations,
                                                                                                          and private sector participation in                   economic growth. The specific objective
                                                  Management and Budget approval of the                                                                         of the program is to expand business
                                                  information collection request; they will               power generation; (b) the Electricity
                                                                                                          Generation Project will increase Benin’s              production and productivity, generate
                                                  also become a matter of public record.                                                                        greater economic opportunities for
                                                                                                          domestic generation capacity by up to
                                                  Sheila McConnell,                                       78 megawatts while decreasing the                     households, and improve the capacity to
                                                  Certifying Officer.                                     country’s dependence on unreliable                    provide public and social services by
                                                  [FR Doc. 2015–24074 Filed 9–22–15; 8:45 am]             external energy sources through                       improving the quantity and quality of
                                                                                                                                                                the supply of electricity in Benin.
                                                  BILLING CODE 4510–43–P                                  investments in a combination of solar,
                                                                                                          thermal, and hydroelectric power                      Legal Authority
                                                                                                          sources; (c) the Electricity Distribution
                                                  MILLENNIUM CHALLENGE                                    Project will improve the nationwide                    Sections 605, 609(a) and 609(g) of the
                                                  CORPORATION                                             grid by building a modern distribution                Act.
                                                  [MCC FR 15–02]
                                                                                                          dispatch and control center, as well as               Entry Into Force
                                                                                                          the grid in Cotonou, Benin’s largest city
                                                  Notice of Entering Into a Compact With                  and load center and selected regional                    The Compact will enter into force on
                                                  the Republic of Benin                                   networks as a complement to the solar                 the date of the letter from MCC to the
                                                                                                          investments; and (d) the Off-Grid                     GoB in an exchange of letters
                                                  AGENCY: Millennium Challenge                            Electricity Access Project will support               confirming that the GoB has completed
                                                  Corporation.                                            policy and institutional reforms as well              its domestic requirements for entry into
                                                  ACTION: Notice.                                         as infrastructure financing for off-grid              force of the Compact and that the
                                                                                                          electricity.                                          conditions precedent to entry into force
                                                  SUMMARY:   In accordance with Section                                                                         in Section 7.2 of the Compact have been
                                                  610(b)(2) of the Millennium Challenge                      The Compact articulates the terms                  met.
                                                  Act of 2003 (22 U.S.C. 7701–7718) as                    and conditions, responsibilities, and
                                                  amended (the Act), and the heading                      obligations of each of the United States,             Duration of the Agreement
                                                  ‘‘Millennium Challenge Corporation’’ of                 acting through MCC, and Benin, acting
                                                                                                          through its government. MCC will                         The Compact shall remain in force for
mstockstill on DSK4VPTVN1PROD with NOTICES




                                                  the Department of State, Foreign                                                                              five years from entry into force, unless
                                                  Operations, and Related Programs                        oversee the implementation of the
                                                                                                          Compact on behalf of the United States.               earlier terminated.
                                                  Appropriations Act, 2015, the
                                                  Millennium Challenge Corporation                        MCA-Benin II, a legal entity to be                    Point of Contact
                                                  (MCC) is publishing a summary of the                    established by the Government of Benin
                                                  Millennium Challenge Compact                            (GoB), will manage the implementation                    General Counsel—(202) 521–3600.
                                                  between the United States of America,                   of the Compact, while the GoB retains                 [FR Doc. 2015–24182 Filed 9–22–15; 8:45 am]
                                                  acting through the Millennium                           ultimate overall responsibility.                      BILLING CODE 9211–03–P




                                             VerDate Sep<11>2014   18:00 Sep 22, 2015   Jkt 235001   PO 00000   Frm 00070   Fmt 4703   Sfmt 9990   E:\FR\FM\23SEN1.SGM   23SEN1



Document Created: 2015-12-15 09:44:25
Document Modified: 2015-12-15 09:44:25
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.
FR Citation80 FR 57401 

2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR