82 FR 34348 - Prompt Payment Interest Rate; Contract Disputes Act

DEPARTMENT OF THE TREASURY
Fiscal Service

Federal Register Volume 82, Issue 140 (July 24, 2017)

Page Range		34348-34349
FR Document		2017-15456

For the period beginning July 1, 2017, and ending on December 31, 2017, the prompt payment interest rate is 2-3/8 per centum per annum.

Federal Register, Volume 82 Issue 140 (Monday, July 24, 2017)

[Federal Register Volume 82, Number 140 (Monday, July 24, 2017)]
[Notices]
[Pages 34348-34349]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-15456]


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DEPARTMENT OF THE TREASURY

Fiscal Service


Prompt Payment Interest Rate; Contract Disputes Act

AGENCY: Bureau of the Fiscal Service, Treasury.

ACTION: Notice, interest rates.

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

SUMMARY: For the period beginning July 1, 2017, and ending on December 
31, 2017, the prompt payment interest rate is 2-3/8 per centum per 
annum.

DATES: July 1, 2017, to December 31, 2017.

ADDRESSES: Comments or inquiries may be mailed to: E-Commerce Division, 
Bureau of the Fiscal Service, 401 14th Street SW., Room 306F, 
Washington, DC 20227. Comments or inquiries may also be emailed to 
[email protected].

FOR FURTHER INFORMATION CONTACT: Thomas M. Burnum, E-Commerce Division, 
(202) 874-6430; or Thomas Kearns, Attorney-Advisor, Office of the Chief 
Counsel, (202) 874-7036.

SUPPLEMENTARY INFORMATION: An agency that has acquired property or 
service from a business concern and has failed to pay for the complete 
delivery of property or service by the required payment date shall pay 
the business concern an interest penalty. 31 U.S.C. 3902(a). The 
Contract Disputes Act of 1978, Sec. 12, Public Law 95-563, 92 Stat. 
2389, and the Prompt Payment Act, 31 U.S.C. 3902(a), provide for the 
calculation of interest due on claims at the rate established by the 
Secretary of the Treasury.
    The Secretary of the Treasury has the authority to specify the rate 
by which the interest shall be computed for interest payments under 
section 12 of the Contract Disputes Act of 1978 and under the Prompt 
Payment Act. Under

[[Page 34349]]

the Prompt Payment Act, if an interest penalty is owed to a business 
concern, the penalty shall be paid regardless of whether the business 
concern requested payment of such penalty. 31 U.S.C. 3902(c)(1). 
Agencies must pay the interest penalty calculated with the interest 
rate, which is in effect at the time the agency accrues the obligation 
to pay a late payment interest penalty. 31 U.S.C. 3902(a). ``The 
interest penalty shall be paid for the period beginning on the day 
after the required payment date and ending on the date on which payment 
is made.'' 31 U.S.C. 3902(b).
    Therefore, notice is given that the Secretary of the Treasury has 
determined that the rate of interest applicable for the period 
beginning July 1, 2017, and ending on December 31, 2017, is 2-3/8 per 
centum per annum.

David A. Lebryk,
Fiscal Assistant Secretary.
[FR Doc. 2017-15456 Filed 7-21-17; 8:45 am]
BILLING CODE 4810-AS-P

34348 Federal Register / Vol. 82, No. 140 / Monday, July 24, 2017 / Notices

ACTION: Notice of limitation on claims Assessment for the project. The actions Preserve America; E.O. 12898, Federal
for judicial review of actions by UDOT by UDOT and the Federal agencies, and Actions to Address Environmental
on behalf of FHWA, and Federal the laws under which such actions were Justice and Low-Income Populations.
agencies. taken, are described in the (Catalog of Federal Domestic Assistance
Environmental Assessment (EA) for the Program Number 20.205, Highway Planning
SUMMARY: This notice announces certain project (US–89; 11400 South to 10600 and Construction. The regulations
actions taken by UDOT on behalf of South Environmental Assessment in implementing Executive Order 12372
FHWA and other Federal agencies that Salt Lake County, Utah, Project No. F– regarding intergovernmental consultation on
are final within the meaning of 0089(375)364), approved on July 18, Federal programs and activities apply to this
applicable laws. The actions relate to a 2017, in the UDOT Finding of No program.)
proposed highway project located on Significant Impact (FONSI) for the Authority: 23 U.S.C. 139(l)(1).
US–89, from 11400 South to 10600 project (Utah Department of
South, in the County of Salt Lake, State Ivan Marrero,
Transportation Finding of No
of Utah. Those actions grant licenses, Significant Impact for US–89; 11400 Division Administrator, Federal Highway
permits and approvals for the project. Administration, Salt Lake City, Utah.
South to 10600 South in Salt Lake
DATES: By this notice, the FHWA, on [FR Doc. 2017–15480 Filed 7–21–17; 8:45 am]
County, Utah) issued on July 18, 2017,
behalf of UDOT, is advising the public and in other documents in the UDOT BILLING CODE 4910–RY–P
of final agency actions subject to 23 project records. The EA, FONSI, and
U.S.C. 139(l)(1). A claim seeking other project records are available by
judicial review of the Federal agency contacting UDOT at the address DEPARTMENT OF THE TREASURY
actions on the highway project will be provided above. The EA and FONSI can
barred unless the claim is filed on or be viewed and downloaded from the Fiscal Service
before December 21, 2017. If the Federal project Web site at https://
law that authorizes judicial review of a Prompt Payment Interest Rate;
www.udot.utah.gov/main/
claim provides a time period of less Contract Disputes Act
f?p=100:pg:0:::1:T,V:4845.
than 150 days for filing such claim, then This notice applies to the EA, the AGENCY: Bureau of the Fiscal Service,
that shorter time period still applies. FONSI, the Section 4(f) Determination, Treasury.
FOR FURTHER INFORMATION CONTACT: For the NHPA Section 106 Review, and all ACTION: Notice, interest rates.
UDOT: Brandon Weston, Director of other UDOT and Federal agency
Environmental Services, UDOT decisions as of the issuance date of this SUMMARY: For the period beginning July
Environmental Services, PO Box notice and all laws under which such 1, 2017, and ending on December 31,
148380, Salt Lake City, UT 84114; actions were taken, including but not 2017, the prompt payment interest rate
telephone: (801) 965–4603; email: limited to the following laws (including is 2–3/8 per centum per annum.
brandonweston@utah.gov. UDOT’s their implementing regulations): DATES: July 1, 2017, to December 31,
normal business hours are 8:00 a.m. to 1. General: National Environmental 2017.
5:00 p.m. (Mountain Standard Time), Policy Act (NEPA),42 U.S.C. 4321–
Monday through Friday, except State ADDRESSES: Comments or inquiries may
4351; Federal-Aid Highway Act, 23 be mailed to: E-Commerce Division,
and Federal holidays. U.S.C. 109 and 23 U.S.C. 128. Bureau of the Fiscal Service, 401 14th
SUPPLEMENTARY INFORMATION: The 2. Air: Clean Air Act, 42 U.S.C. 7401– Street SW., Room 306F, Washington, DC
environmental review, consultation, and 7671q. 20227. Comments or inquiries may also
other actions required by applicable 3. Land: Section 4(f) of the Department be emailed to PromptPayment@
Federal environmental laws and of Transportation Act of 1966,49 fiscal.treasury.gov.
regulations for this project are being or U.S.C. 303; 23 U.S.C. 138;
have been carried-out by UDOT Landscaping and Scenic FOR FURTHER INFORMATION CONTACT:
pursuant to 23 U.S.C. 327 and a Enhancement (Wildflowers), 23 Thomas M. Burnum, E-Commerce
Memorandum of Understanding dated U.S.C. 319. Division, (202) 874–6430; or Thomas
January 17, 2017 and executed by 4. Wildlife: Endangered Species Act, 16 Kearns, Attorney-Advisor, Office of the
FHWA and UDOT pursuant to 23 U.S.C. U.S.C. 1531–1544 and Section 1536; Chief Counsel, (202) 874–7036.
327. Notice is hereby given that UDOT Fish and Wildlife Coordination Act, SUPPLEMENTARY INFORMATION: An agency
has taken final agency actions subject to 16 U.S.C. 661–667d; Migratory Bird that has acquired property or service
23 U.S.C. 139(l)(1) by issuing licenses, Treaty Act, 16 U.S.C. 703–712. from a business concern and has failed
permits, and approvals for the US–89; 5. Water: Section 404 of the Clean Water to pay for the complete delivery of
11400 South to 10600 South project in Act, 33 U.S.C. 1344; E.O. 11990, property or service by the required
the State of Utah. This project proposes Protection of Wetlands. payment date shall pay the business
to improve US–89 (State Street) from 6. Historic and Cultural Resources: concern an interest penalty. 31 U.S.C.
11400 South to 10600 South to address Section 106 of the National Historic 3902(a). The Contract Disputes Act of
traffic congestion located in the Cities of Preservation Act of 1966, 16 U.S.C. 1978, Sec. 12, Public Law 95–563, 92
Sandy and Draper, Salt Lake County, 470f; Archeological Resources Stat. 2389, and the Prompt Payment Act,
Utah. The project consists of widening Protection Act of 1977, 16 U.S.C. 31 U.S.C. 3902(a), provide for the
State Street from five to seven lanes and 470aa–470mm; Archeological and calculation of interest due on claims at
adding (1) a second southbound to Historic Preservation Act, 16 U.S.C. the rate established by the Secretary of
mstockstill on DSK30JT082PROD with NOTICES

westbound right-turn lane at the State 469–469c. the Treasury.
Street and 11400 South intersection, (2) 7. Noise: Federal-Aid Highway Act of The Secretary of the Treasury has the
a traffic signal at the Scheels driveway, 1970, Public Law 91–605, 84 Stat. authority to specify the rate by which
and (3) a raised median on select 1713. the interest shall be computed for
sections of State Street to limit left- 8. Executive Orders: E.O. 11593 interest payments under section 12 of
turns. These improvements were Protection and Enhancement of the Contract Disputes Act of 1978 and
identified in the Environmental Cultural Resources; E.O. 13287 under the Prompt Payment Act. Under

VerDate Sep<11>2014 18:13 Jul 21, 2017 Jkt 241001 PO 00000 Frm 00074 Fmt 4703 Sfmt 4703 E:\FR\FM\24JYN1.SGM 24JYN1

$Federal Register / Vol. 82, No. 140 / Monday, July 24, 2017 / Notices 34349 the Prompt Payment Act, if an interest ACTION: Notice. convene at 9:00 a.m. and end at 3:00 penalty is owed to a business concern, p.m. This meeting is open to the public. the penalty shall be paid regardless of SUMMARY: The United States Mint is The agenda will include an overview whether the business concern requested announcing the price of the 2017 225th of the merit review process, payment of such penalty. 31 U.S.C. Anniversary Enhanced Uncirculated infrastructure update, review of 3902(c)(1). Agencies must pay the Coin Set. Each set will be priced at potential Common Rule changes and interest penalty calculated with the $29.95. The set will be produced at the service updates. No time will be interest rate, which is in effect at the United States Mint at San Francisco. allocated at this meeting for receiving time the agency accrues the obligation FOR FURTHER INFORMATION CONTACT: oral presentations from the public. to pay a late payment interest penalty. Katrina McDow, Marketing Specialist, Members of the public wanting to attend 31 U.S.C. 3902(a). ‘‘The interest penalty Numismatic and Bullion Directorate; may contact Melissa Cooper, Designated shall be paid for the period beginning United States Mint, 801 9th Street NW., Federal Officer, Office of Research and on the day after the required payment Washington, DC 20220, or call 202–354– Development (10P9), Department of date and ending on the date on which 8495. Veterans Affairs, 810 Vermont Avenue payment is made.’’ 31 U.S.C. 3902(b). Authority: 31 U.S.C. 5111(a)(2). NW., Washington, DC 20420, at (202) Therefore, notice is given that the 461–6044, or by email at Dated: July 17, 2017. Secretary of the Treasury has Melissa.Cooper@va.gov no later than David Motl, close of business on August 30, 2017. determined that the rate of interest Acting Deputy Director, United States Mint. applicable for the period beginning July Because the meeting is being held in [FR Doc. 2017–15452 Filed 7–21–17; 8:45 am] a government building, a photo I.D. 1, 2017, and ending on December 31, 2017, is 2–3/8 per centum per annum. BILLING CODE P must be presented at the Guard’s Desk as a part of the clearance process. Due David A. Lebryk, to security protocols, and in order to Fiscal Assistant Secretary. DEPARTMENT OF VETERANS prevent delays in clearance processing, [FR Doc. 2017–15456 Filed 7–21–17; 8:45 am] AFFAIRS you should allow an additional 30 BILLING CODE 4810–AS–P minutes before the meeting begins. Any National Research Advisory Council; member of the public seeking additional Notice of Meeting information should contact Melissa DEPARTMENT OF THE TREASURY Cooper at the phone number or email The Department of Veterans Affairs address noted above. United States Mint (VA) gives notice under the Federal Advisory Committee Act, that the Dated: July 18, 2017. Pricing for the 2017 225th Anniversary National Research Advisory Council LaTonya L. Small, Enhanced Uncirculated Coin Set will hold a meeting on Wednesday, Federal Advisory Committee Management September 6, 2017, in Conference Room Office. AGENCY: United States Mint, Department 730 at 810 Vermont Avenue NW., [FR Doc. 2017–15388 Filed 7–21–17; 8:45 am] of the Treasury. Washington, DC. The meeting will BILLING CODE P mstockstill on DSK30JT082PROD with NOTICES VerDate Sep<11>2014 18:13 Jul 21, 2017 Jkt 241001 PO 00000 Frm 00075 Fmt 4703 Sfmt 9990 E:\FR\FM\24JYN1.SGM 24JYN1$

Document Created: 2017-07-22 01:19:59
Document Modified: 2017-07-22 01:19:59

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		Notice, interest rates.
Dates		July 1, 2017, to December 31, 2017.
Contact		Thomas M. Burnum, E-Commerce Division, (202) 874-6430; or Thomas Kearns, Attorney-Advisor, Office of the Chief Counsel, (202) 874-7036.
FR Citation		82 FR 34348

82 FR 34348 - Prompt Payment Interest Rate; Contract Disputes Act

DEPARTMENT OF THE TREASURYFiscal Service

Federal Register Volume 82, Issue 140 (July 24, 2017)

DEPARTMENT OF THE TREASURY
Fiscal Service