81 FR 93712 - Discount Rates for Cost-Effectiveness Analysis of Federal Programs

OFFICE OF MANAGEMENT AND BUDGET

Federal Register Volume 81, Issue 245 (December 21, 2016)

The Office of Management and Budget revised Circular A-94 in 1992. The revised Circular 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 discount rates are found in Appendix C of the revised Circular. The updated discount rates are shown below. The discount rates in Appendix C are to be used for cost-effectiveness analysis, including lease-purchase analysis, as specified in the revised Circular. They do not apply to regulatory analysis.

[Federal Register Volume 81, Number 245 (Wednesday, December 21, 2016)]
[Notices]
[Page 93712]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-30736]


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

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 A-94.

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

SUMMARY: The Office of Management and Budget revised Circular A-94 in 
1992. The revised Circular 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 discount rates are found in Appendix C of the revised Circular. 
The updated discount rates are shown below. The discount rates in 
Appendix C are to be used for cost-effectiveness analysis, including 
lease-purchase analysis, as specified in the revised Circular. They do 
not apply to regulatory analysis.

DATES: The revised discount rates will be in effect through December 
2017.

FOR FURTHER INFORMATION CONTACT: Gideon Lukens, Office of Economic 
Policy, Office of Management and Budget, (202) 395-3316.

Devin O'Connor,
Associate Director for Economic Policy, Office of Management and 
Budget.
[FR Doc. 2016-30736 Filed 12-20-16; 8:45 am]
 BILLING CODE P