83 FR 59422 - Business and Operations Advisory Committee; Notice of Meeting

NATIONAL SCIENCE FOUNDATION

Federal Register Volume 83, Issue 226 (November 23, 2018)

Page Range		59422-59423
FR Document		2018-25451

Federal Register, Volume 83 Issue 226 (Friday, November 23, 2018)

[Federal Register Volume 83, Number 226 (Friday, November 23, 2018)]
[Notices]
[Pages 59422-59423]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-25451]


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NATIONAL SCIENCE FOUNDATION


Business and Operations Advisory Committee; Notice of Meeting

    In accordance with the Federal Advisory Committee Act (Pub. L. 92-
463, as amended), the National Science Foundation (NSF) announces the 
following meeting:
    Name and Committee Code: Business and Operations Advisory Committee 
(9556).
    Date and Time: December 12, 2018; 1:00 p.m. to 5:15 p.m. (EST).
    December 13, 2018; 8:00 a.m. to 12:00 p.m. (EST).
    Place: National Science Foundation, 2415 Eisenhower Avenue, 
Alexandria, Virginia, 22314; Room E 2030.
    Type of Meeting: Open.
    Contact Person: Joan Miller, National Science Foundation, 2415 
Eisenhower Avenue, Alexandria, VA, 22314; (703) 292-8200.
    Purpose of Meeting: To provide advice concerning issues related to 
the oversight, integrity, development and enhancement of NSF's business 
operations.

[[Page 59423]]

Agenda

Wednesday, December 12, 2018; 1:00 p.m.-5:15 p.m.

    Welcome/Introductions; BFA/OIRM/OLPA/Budget Updates; Results from 
the 2018 Federal Employee Viewpoint Survey; Facilities Subcommittees 
Updates; CFO Office of the Future.

Thursday, December 13, 2018; 8:00 a.m.-12:00 p.m.

    Renewing NSF; Renewing NSF--Partnerships Pillar; Meeting with Drs. 
C[oacute]rdova and Crim; Committee Business/Wrap Up.

    Dated: November 16, 2018.
Crystal Robinson,
Committee Management Officer.
[FR Doc. 2018-25451 Filed 11-21-18; 8:45 am]
BILLING CODE 7555-01-P

59422 Federal Register / Vol. 83, No. 226 / Friday, November 23, 2018 / Notices

OFFICE OF MANAGEMENT AND Pension Adjustments for Extraordinary Standard Depreciation of Tangible
BUDGET Events. The CAS Board intends to Capital Assets, for public comment. The
continue its review of the ANPR Board intends to receive and review
Cost Accounting Standards Board addressing Cost Accounting Standard public comment on the first SDP before
Meeting Agenda (CAS) 412 Composition and publishing the second SDP.
Measurement of Pension Costs and CAS 3. CAS Applicability Thresholds. The
AGENCY: Cost Accounting Standards
413, Pension Adjustments for Advisory Panel on Streamlining and
Board, Office of Federal Procurement
Extraordinary Events. The ANPR is the Codifying Acquisition Regulations,
Policy, Office of Management and
second step of a four-step process the established by section 809 of the FY
Budget.
CAS Board uses when it is considering 2016 NDAA (the Panel), has issued a
ACTION: Notice of agenda for closed Cost a rulemaking. As the Board previously
Accounting Standards Board meetings. recommendation addressing potential
announced, this initiative is intended to increases in the CAS applicability
SUMMARY: The Office of Federal address revisions to the treatment of thresholds. The recommendation
Procurement Policy (OFPP), Cost extraordinary pension adjustments in a appears in volume 2 of the 809 Panel’s
Accounting Standards Board (CAS defined benefit pension plan (i.e., plan report, issued in June 2018. The Board
Board) is publishing this notice to terminations, plan curtailments, and will continue its discussion of the
advise the public of planned meetings segment closings). The CAS Board Panel’s recommendation.
on November 27, 2018 and January 24, issued a final rule on December 27, 2011
to harmonize CAS with the Pension 4. Review of Section 809 Panel
2019. The notice is published pursuant Recommendation on Defense Cost
to section 820(a) of the National Defense Protection Act (PPA). The PPA was
enacted by Congress to help ensure that Accounting Standards Board (Defense
Authorization Act (NDAA) for Fiscal CAS Board). The Board will discuss the
Year (FY) 2017, which requires the CAS promised pension obligations would be
adequately funded to pay workers their analysis and recommendation made by
Board to publish agendas of its meetings the Panel (in volume 2 of its report) to
in the Federal Register. The meetings promised retirement benefits. As part of
the PPA, Congress instructed the CAS repeal the provisions in section 820 of
are closed to the public. the FY 2017 NDAA that created the
Board to ‘‘harmonize’’ its standards for
DATES: November 27, 2018 and January Defense CAS Board. See section 820(b),
measuring pension costs with the PPA
24, 2019. to avoid undue hardship on contractors which amends title 10 by adding a new
ADDRESSES: New Executive Office that could arise from the faster funding section 190.
Building, 725 17th Street NW, required by the PPA. The final rule did Lesley A. Field,
Washington, DC 20503. not reconcile the PPA requirements Deputy Administrator.
FOR FURTHER INFORMATION CONTACT: with respect to the CAS pension [FR Doc. 2018–25437 Filed 11–21–18; 8:45 am]
Raymond Wong, Staff Director, Cost segment closing adjustment BILLING CODE 3110–01–P
Accounting Standards Board (telephone: requirements and other extraordinary
202–395–6805; email: rwong@ events. The ANPR, supported by a
omb.eop.gov). dedicated interagency working group,
SUPPLEMENTARY INFORMATION: Section examines these extraordinary events. NATIONAL SCIENCE FOUNDATION
820 amended section 1501(d) of title 41 The CAS Board contemplates it will also
of the United States Code to require that issue a Staff Discussion Paper (SDP), the Business and Operations Advisory
the CAS Board meet at least quarterly first step of the four-step process, Committee; Notice of Meeting
and publish a notice of its meetings, addressing fact-finding that was made
including the meeting agenda, in the by the working group and public In accordance with the Federal
Federal Register. The CAS Board has outreach conducted subsequent to the Advisory Committee Act (Pub. L. 92–
scheduled meetings for Tuesday, issuance of the 2011 final rule to help 463, as amended), the National Science
November 27, 2018 and Thursday, inform the CAS Board in its Foundation (NSF) announces the
January 24, 2019. The list of agenda deliberations. following meeting:
items for both meetings is set forth 2. Conformance of CAS to Generally Name and Committee Code: Business
below. In light of the complexity of the Accepted Accounting Principles and Operations Advisory Committee
issues to be discussed, and the (GAAP). Section 820 requires the CAS (9556).
proximity of the two meetings, the CAS Board to review and conform CAS,
Date and Time: December 12, 2018;
Board expects to use the same agenda where practicable, to GAAP. The Board
1:00 p.m. to 5:15 p.m. (EST).
for both sessions and is issuing this intends to discuss development of an
notice to provide public awareness for SDP addressing conformance of CAS December 13, 2018; 8:00 a.m. to 12:00
both meetings. Additional notices will 404, Capitalization of Tangible Assets, p.m. (EST).
be published to announce further CAS and CAS 411, Accounting for Place: National Science Foundation,
Board meetings in FY 2019 and beyond. Acquisition Costs of Material, to GAAP. 2415 Eisenhower Avenue, Alexandria,
The CAS Board will discuss its This is the second SDP addressing CAS– Virginia, 22314; Room E 2030.
accomplishments and activities for FY GAAP conformance and will build on Type of Meeting: Open.
2019 in its annual report to Congress, the first SDP (under final review for
which will be transmitted after the end publication and public comment) that Contact Person: Joan Miller, National
of the fiscal year, in accordance with (i) lays out a proposed conceptual Science Foundation, 2415 Eisenhower
amozie on DSK3GDR082PROD with NOTICES1

section 820(e). framework and guiding principles to Avenue, Alexandria, VA, 22314; (703)
prioritize the evaluation of whether and 292–8200.
Planned Agenda for CAS Board to what extent CAS may be conformed Purpose of Meeting: To provide
Meetings on November 27, 2018 and to GAAP and (ii) presents an initial advice concerning issues related to the
January 24, 2019 comparison of CAS 408, Accounting for oversight, integrity, development and
1. Review of Advanced Notice of Costs of Compensated Personal enhancement of NSF’s business
Proposed Rulemaking (ANPR) for Absence, and CAS 409, Cost Accounting operations.

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Document Created: 2018-11-27 12:58:41
Document Modified: 2018-11-27 12:58:41

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
FR Citation		83 FR 59422