83 FR 63886 - Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB

FEDERAL RESERVE SYSTEM

Federal Register Volume 83, Issue 238 (December 12, 2018)

Page Range		63886-63887
FR Document		2018-26816

The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, with revision, the Procurement Solicitation Package (FR 1400; OMB No. 7100-0180).

Federal Register, Volume 83 Issue 238 (Wednesday, December 12, 2018)

[Federal Register Volume 83, Number 238 (Wednesday, December 12, 2018)]
[Notices]
[Pages 63886-63887]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-26816]


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

FEDERAL RESERVE SYSTEM


Agency Information Collection Activities: Announcement of Board 
Approval Under Delegated Authority and Submission to OMB

AGENCY: Board of Governors of the Federal Reserve System.

SUMMARY: The Board of Governors of the Federal Reserve System (Board) 
is adopting a proposal to extend for three years, with revision, the 
Procurement Solicitation Package (FR 1400; OMB No. 7100-0180).

FOR FURTHER INFORMATION CONTACT: 
    Federal Reserve Board Clearance Officer--Nuha Elmaghrabi--Office of 
the Chief Data Officer, Board of Governors of the Federal Reserve 
System, Washington, DC 20551 (202) 452-3829. Telecommunications Device 
for the Deaf (TDD) users may contact (202) 263-4869, Board of Governors 
of the Federal Reserve System, Washington, DC 20551.
    OMB Desk Officer--Shagufta Ahmed--Office of Information and 
Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, Room 10235, 725 17th Street NW, Washington, DC 20503 
or by fax to (202) 395-6974.

SUPPLEMENTARY INFORMATION: On June 15, 1984, the Office of Management 
and Budget (OMB) delegated to the Board authority under the Paperwork 
Reduction Act (PRA) to approve and assign OMB control numbers to 
collection of information requests and requirements conducted or 
sponsored by the Board. Board-approved collections of information are 
incorporated into the official OMB inventory of currently approved 
collections of information. Copies of the Paperwork Reduction Act 
Submission, supporting statements and approved collection of 
information instrument(s) are placed into OMB's public docket files. 
The Board may not conduct or sponsor, and the respondent is not 
required to respond to, an information collection that has been 
extended, revised, or implemented on or after October 1, 1995, unless 
it displays a currently valid OMB control number.
    Final approval under OMB delegated authority of the extension for 
three years, with revision, of the following reports:

    Report title: Vendor Database.
    Agency form number: FR 1400A.
    OMB control number: 7100-0180.
    Frequency: On occasion.
    Respondents: Businesses.
    Estimated number of respondents: 250.
    Estimated average hours per response: 1.
    Estimated annual burden hours: 250.

    Report title: Solicitation Package.
    Agency form number: FR 1400B.
    OMB control number: 7100-0180.
    Frequency: On occasion.
    Respondents: Businesses.
    Estimated number of respondents: 300.
    Estimated average hours per response: 81.
    Estimated annual burden hours: 24,300.

    Report title: Vendor Risk Management Offeror Questionnaire.
    Agency form number: FR 1400C.
    OMB control number: 7100-0180.
    Frequency: On occasion.
    Respondents: Businesses.
    Estimated number of respondents: 20.
    Estimated average hours per response: 12.
    Estimated annual burden hours: 240.

    Report title: Subcontracting Report.
    Agency form number: FR 1400D.
    OMB control number: 7100-0180.
    Frequency: Quarterly.
    Respondents: Businesses.
    Estimated number of respondents: 75.
    Estimated average hours per response: 0.5.
    Estimated annual burden hours: 150.

    General description of reports: The Board is continuously seeking 
vendors who are interested in doing business with the Board through 
various outreach events, minority/diversity conferences, meetings, and 
events targeted to either a specific industry classification of vendors 
or an upcoming acquisition. Vendors are encouraged during these efforts 
to register in the Board's database of interested vendors (FR 1400A). 
In announcing an acquisition, Board staff contacts vendors registered 
in the Board database via electronic mail or by telephone, and provides 
the Solicitation Package (FR 1400B) and applicable attachments. The 
Solicitation, Offer, and Award form (SOA) (Attachment A of FR 1400B) is 
required with proposals offered in response to a solicitation issued by 
the Board. The Supplier Information Form (Attachment N of FR 1400B) is 
required for the entry of a vendor into the Board's contract writing 
and invoice payment system. As a result of the criteria used by the 
Board to evaluate proposals, the Solicitation Package may also include 
the Past Performance Data Sheet and Past Performance Questionnaire 
(Attachment I of FR 1400B) if past performance is an evaluation factor. 
Typically, if past performance is considered an evaluation factor, the 
vendor is asked to submit information on up to three previous contracts 
whose effort is recent and relevant to the effort required by the 
solicitation.
    Solicitations that require the vendor to process, store, or 
transmit data from the Board will contain the Vendor Risk Management 
Offeror Questionnaire (FR 1400C). The questionnaire will be specific to 
the security controls surrounding the vendor's proposed application 
that will be used to process, store, or transmit the data. Security 
controls will be defined and prioritized based on the Federal 
Information Security Modernization Act of 2014 (FISMA) and the National 
Institute of Standards and Technology (NIST) Special Publication 800-53 
(Security Controls and Assessment Procedures for Federal Information 
Systems and Organizations). In addition, for solicitations that have 
subcontracting opportunities and are expected to exceed $100,000 
($300,000 for construction), a non-covered company vendor is required 
to submit a subcontracting plan in its own format, with its proposal. 
Then, if the vendor is the chosen vendor and awarded a contract, the 
vendor is required to provide the quarterly Subcontracting Reports (FR 
1400D) to the Board, which shall document the vendor's participation 
achievement on a cumulative basis. Information from the Subcontracting 
Report is used to assist the Board in fulfilling the requirement in 
Section 342(e) of the Dodd-Frank Act that requires the Board to submit 
to Congress an annual report regarding the fair inclusion of minorities 
and women in contracting.
    Legal authorization and confidentiality: The FR 1400A is voluntary. 
For prospective vendors that decide to submit proposals to the Board, 
the FR 1400B, 1400C, and 1400D are required to obtain a benefit, in 
order to be eligible for the award of a contract.

[[Page 63887]]

    The FR 1400 is authorized pursuant to sections 10 and 11 of the 
Federal Reserve Act (``FRA''), and section 342(c) of the Dodd-Frank 
Wall Street Reform and Consumer Protection Act (``Dodd-Frank''). 
Sections 10(3) and 11 of the FRA (12 U.S.C. 243 and 248(l)) grant the 
Board full authority to manage its buildings and its staff. Section 
10(4) of the FRA (12 U.S.C. 244) authorizes the Board to determine and 
prescribe the manner in which its obligations shall be incurred and its 
disbursements and expenses allowed and paid. Therefore, the Board can 
solicit proposals and seek the information in FR 1400 from prospective 
vendors.
    Additionally, the FR 1400 is authorized by section 342(c) of Dodd-
Frank (12 U.S.C. 5452(c)), which requires the Board to develop and 
implement standards and procedures for the review and evaluation of 
contract proposals and for hiring service providers that include a 
component that gives consideration to the diversity of a prospective 
vendor and the fair inclusion of women and minorities in the workforce 
of such vendor and any subcontractor.
    A vendor generally may request confidential treatment for 
information submitted during the solicitation process, and the Board 
will review the request to determine if the data may be kept 
confidential under exemption 4 of the Freedom of Information Act, which 
protects from disclosure trade secrets and commercial or financial 
information (5 U.S.C. 552(b)(4)).
    Current actions: On September 28, 2018, the Board published a 
notice in the Federal Register (83 FR 49092) requesting public comment 
for 60 days on the extension, with revision, of the Procurement 
Solicitation Package. To better assist the Board's competitive vendor 
solicitation process, the Board has revised the FR 1400 by (1) 
reformatting and updating the Solicitation Package, including the 
Solicitation, Offer, and Award Form (SOA), Supplier Information Form, 
Past Performance Data Sheet, and Past Performance Questionnaire (FR 
1400B); (2) adding the Vendor Risk Management Offeror Questionnaire (FR 
1400C); and (3) revising the Subcontracting Report (FR 1400D) to 
improve clarity and gather specific information in accordance with the 
Board's subcontracting goals. Lastly, the Board has discontinued the 
use of the Request for Price Quotation Form (RFP/RFPQ). The purpose of 
the RFPQ form was absorbed into the FR 1400B. The comment period for 
this notice expired on November 27, 2018. The Board did not receive any 
comments. The revisions will be implemented as proposed.

    Board of Governors of the Federal Reserve System, December 6, 
2018.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2018-26816 Filed 12-11-18; 8:45 am]
 BILLING CODE 6210-01-P

63886 Federal Register / Vol. 83, No. 238 / Wednesday, December 12, 2018 / Notices

Katz 2018 Irrevocable Trust, the Lissy files. The Board may not conduct or attachments. The Solicitation, Offer, and
Katz Bank 2018 Dynasty Trust, and the sponsor, and the respondent is not Award form (SOA) (Attachment A of FR
Lissy Katz Bank 2018 Irrevocable Trust, required to respond to, an information 1400B) is required with proposals
all of Houston, Texas, individually and collection that has been extended, offered in response to a solicitation
acting in concert; to acquire voting revised, or implemented on or after issued by the Board. The Supplier
shares of First Community Bancshares, October 1, 1995, unless it displays a Information Form (Attachment N of FR
Inc., and thereby indirectly acquire Fort currently valid OMB control number. 1400B) is required for the entry of a
Hood National Bank and First National Final approval under OMB delegated vendor into the Board’s contract writing
Bank Texas d/b/a First Convenience authority of the extension for three and invoice payment system. As a result
Bank, all of Killeen, Texas. years, with revision, of the following of the criteria used by the Board to
Board of Governors of the Federal Reserve reports: evaluate proposals, the Solicitation
System, December 6, 2018. Report title: Vendor Database. Package may also include the Past
Yao-Chin Chao, Agency form number: FR 1400A. Performance Data Sheet and Past
Assistant Secretary of the Board. OMB control number: 7100–0180. Performance Questionnaire (Attachment
Frequency: On occasion. I of FR 1400B) if past performance is an
[FR Doc. 2018–26808 Filed 12–11–18; 8:45 am]
Respondents: Businesses. evaluation factor. Typically, if past
BILLING CODE P
Estimated number of respondents: performance is considered an evaluation
250. factor, the vendor is asked to submit
FEDERAL RESERVE SYSTEM Estimated average hours per response: information on up to three previous
1. contracts whose effort is recent and
Agency Information Collection Estimated annual burden hours: 250. relevant to the effort required by the
Activities: Announcement of Board solicitation.
Report title: Solicitation Package.
Approval Under Delegated Authority Agency form number: FR 1400B. Solicitations that require the vendor
and Submission to OMB OMB control number: 7100–0180. to process, store, or transmit data from
Frequency: On occasion. the Board will contain the Vendor Risk
AGENCY: Board of Governors of the Management Offeror Questionnaire (FR
Federal Reserve System. Respondents: Businesses.
Estimated number of respondents: 1400C). The questionnaire will be
SUMMARY: The Board of Governors of the specific to the security controls
300.
Federal Reserve System (Board) is surrounding the vendor’s proposed
Estimated average hours per response:
adopting a proposal to extend for three application that will be used to process,
81.
years, with revision, the Procurement store, or transmit the data. Security
Estimated annual burden hours:
Solicitation Package (FR 1400; OMB No. controls will be defined and prioritized
24,300.
7100–0180). based on the Federal Information
FOR FURTHER INFORMATION CONTACT: Report title: Vendor Risk Management Security Modernization Act of 2014
Federal Reserve Board Clearance Offeror Questionnaire. (FISMA) and the National Institute of
Officer—Nuha Elmaghrabi—Office of Agency form number: FR 1400C. Standards and Technology (NIST)
the Chief Data Officer, Board of OMB control number: 7100–0180. Special Publication 800–53 (Security
Governors of the Federal Reserve Frequency: On occasion. Controls and Assessment Procedures for
System, Washington, DC 20551 (202) Respondents: Businesses. Federal Information Systems and
452–3829. Telecommunications Device Estimated number of respondents: 20. Organizations). In addition, for
for the Deaf (TDD) users may contact Estimated average hours per response: solicitations that have subcontracting
(202) 263–4869, Board of Governors of 12. opportunities and are expected to
the Federal Reserve System, Estimated annual burden hours: 240. exceed $100,000 ($300,000 for
Washington, DC 20551. Report title: Subcontracting Report. construction), a non-covered company
OMB Desk Officer—Shagufta Agency form number: FR 1400D. vendor is required to submit a
Ahmed—Office of Information and OMB control number: 7100–0180. subcontracting plan in its own format,
Regulatory Affairs, Office of Frequency: Quarterly. with its proposal. Then, if the vendor is
Management and Budget, New Respondents: Businesses. the chosen vendor and awarded a
Executive Office Building, Room 10235, Estimated number of respondents: 75. contract, the vendor is required to
725 17th Street NW, Washington, DC Estimated average hours per response: provide the quarterly Subcontracting
20503 or by fax to (202) 395–6974. 0.5. Reports (FR 1400D) to the Board, which
SUPPLEMENTARY INFORMATION: On June Estimated annual burden hours: 150. shall document the vendor’s
15, 1984, the Office of Management and General description of reports: The participation achievement on a
Budget (OMB) delegated to the Board Board is continuously seeking vendors cumulative basis. Information from the
authority under the Paperwork who are interested in doing business Subcontracting Report is used to assist
Reduction Act (PRA) to approve and with the Board through various outreach the Board in fulfilling the requirement
assign OMB control numbers to events, minority/diversity conferences, in Section 342(e) of the Dodd-Frank Act
collection of information requests and meetings, and events targeted to either that requires the Board to submit to
requirements conducted or sponsored a specific industry classification of Congress an annual report regarding the
by the Board. Board-approved vendors or an upcoming acquisition. fair inclusion of minorities and women
collections of information are Vendors are encouraged during these in contracting.
amozie on DSK3GDR082PROD with NOTICES1

incorporated into the official OMB efforts to register in the Board’s database Legal authorization and
inventory of currently approved of interested vendors (FR 1400A). In confidentiality: The FR 1400A is
collections of information. Copies of the announcing an acquisition, Board staff voluntary. For prospective vendors that
Paperwork Reduction Act Submission, contacts vendors registered in the Board decide to submit proposals to the Board,
supporting statements and approved database via electronic mail or by the FR 1400B, 1400C, and 1400D are
collection of information instrument(s) telephone, and provides the Solicitation required to obtain a benefit, in order to
are placed into OMB’s public docket Package (FR 1400B) and applicable be eligible for the award of a contract.

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Federal Register / Vol. 83, No. 238 / Wednesday, December 12, 2018 / Notices 63887

The FR 1400 is authorized pursuant to for Price Quotation Form (RFP/RFPQ). equally weighted categories that are
sections 10 and 11 of the Federal The purpose of the RFPQ form was correlated with systemic importance—
Reserve Act (‘‘FRA’’), and section 342(c) absorbed into the FR 1400B. The size, interconnectedness, cross-
of the Dodd-Frank Wall Street Reform comment period for this notice expired jurisdictional activity, substitutability,
and Consumer Protection Act (‘‘Dodd- on November 27, 2018. The Board did and complexity—and subdivided into
Frank’’). Sections 10(3) and 11 of the not receive any comments. The twelve systemic indicators. For each
FRA (12 U.S.C. 243 and 248(l)) grant the revisions will be implemented as indicator, a firm divides its own
Board full authority to manage its proposed. measure of each systemic indicator by
buildings and its staff. Section 10(4) of Board of Governors of the Federal Reserve an aggregate global indicator amount.
the FRA (12 U.S.C. 244) authorizes the System, December 6, 2018. The firm’s Method 1 score is the sum of
Board to determine and prescribe the Michele Taylor Fennell, its weighted systemic indicator scores
manner in which its obligations shall be Assistant Secretary of the Board. expressed in basis points. The GSIB
incurred and its disbursements and [FR Doc. 2018–26816 Filed 12–11–18; 8:45 am]
surcharge for the firm is then the higher
expenses allowed and paid. Therefore, BILLING CODE 6210–01–P
of the GSIB surcharge determined under
the Board can solicit proposals and seek Method 1 and a second method that
the information in FR 1400 from weights size, interconnectedness, cross-
prospective vendors. FEDERAL RESERVE SYSTEM jurisdictional activity, complexity, and a
Additionally, the FR 1400 is measure of a firm’s reliance on
authorized by section 342(c) of Dodd- [Docket No. OP–1640 ] wholesale funding (instead of
Frank (12 U.S.C. 5452(c)), which substitutability).2
Regulation Q; Regulatory Capital
requires the Board to develop and Rules: Risk-Based Capital Surcharges The aggregate global indicator
implement standards and procedures for for Global Systemically Important Bank amounts used in the score calculation
the review and evaluation of contract Holding Companies under Method 1 are based on data
proposals and for hiring service collected by the Basel Committee on
providers that include a component that AGENCY: Board of Governors of the Banking Supervision (BCBS). The BCBS
gives consideration to the diversity of a Federal Reserve System (Board). amounts are determined based on the
prospective vendor and the fair ACTION: Notice. sum of the systemic indicator scores of
inclusion of women and minorities in the 75 largest U.S. and foreign banking
the workforce of such vendor and any SUMMARY: The Board is providing notice
of the aggregate global indicator organizations as measured by the BCBS,
subcontractor. and any other banking organization that
A vendor generally may request amounts for purposes of a calculation
for 2018, which is required under the the BCBS includes in its sample total for
confidential treatment for information that year. The BCBS publicly releases
submitted during the solicitation Board’s rule regarding risk-based capital
surcharges for global systemically these values, denominated in euros,
process, and the Board will review the each year. Pursuant to the GSIB
request to determine if the data may be important bank holding companies
(GSIB surcharge rule). surcharge rule, the Board publishes the
kept confidential under exemption 4 of aggregate global indicator amounts each
the Freedom of Information Act, which DATES: Applicable: December 12, 2018.
year as denominated in U.S. dollars
protects from disclosure trade secrets FOR FURTHER INFORMATION CONTACT: using the euro-dollar exchange rate
and commercial or financial information Elizabeth MacDonald, Manager, (202) provided by the BCBS.3 Specifically, the
(5 U.S.C. 552(b)(4)). 475–6316, or Sean Healey, Supervisory Board multiplied each of the euro-
Current actions: On September 28, Financial Analyst, (202) 912–4611, denominated indicator amounts made
2018, the Board published a notice in Division of Supervision and Regulation; publicly available by the BCBS by
the Federal Register (83 FR 49092) or Mark Buresh, Counsel, (202) 452– 1.1993, which was the daily euro to U.S.
requesting public comment for 60 days 5270, or Mary Watkins, Senior Attorney, dollar spot rate on December 29, 2017,
on the extension, with revision, of the (202) 452–3722, Legal Division. Board of as published by the European Central
Procurement Solicitation Package. To Governors of the Federal Reserve Bank (available at http://www.ecb.
better assist the Board’s competitive System, 20th and C Streets NW, europa.eu/stats/eurofxref/
vendor solicitation process, the Board Washington, DC 20551. For the hearing index.en.html).
has revised the FR 1400 by (1) impaired only, Telecommunications
reformatting and updating the Device for the Deaf (TDD) users may The aggregate global indicator
Solicitation Package, including the contact (202) 263–4869. amounts for purposes of the 2018
Solicitation, Offer, and Award Form Method 1 score calculation under
SUPPLEMENTARY INFORMATION: The
(SOA), Supplier Information Form, Past § 217.404(b)(1)(i)(B) of the GSIB
Board’s GSIB surcharge rule establishes
Performance Data Sheet, and Past surcharge rule are:
a methodology to identify global
Performance Questionnaire (FR 1400B); systemically important bank holding
2 The second method (Method 2) uses similar
(2) adding the Vendor Risk Management companies in the United States (GSIBs) inputs to those used in Method 1, but replaces the
Offeror Questionnaire (FR 1400C); and based on indicators that are correlated substitutability category with a measure of a firm’s
(3) revising the Subcontracting Report with systemic importance.1 Under the use of short-term wholesale funding. In addition,
(FR 1400D) to improve clarity and GSIB surcharge rule, a firm must Method 2 is calibrated differently from Method 1.
3 12 CFR 217.404(b)(1)(i)(B); 80 FR 49082, 49086–
gather specific information in calculate its GSIB score using a specific
87 (August 14, 2015). In addition, the Board
accordance with the Board’s formula (Method 1). Method 1 uses five maintains the GSIB Framework Denominators on its
amozie on DSK3GDR082PROD with NOTICES1

subcontracting goals. Lastly, the Board website, available at https://www.federal
has discontinued the use of the Request 1 See 12 CFR 217.402, 217.404. reserve.gov/bankinforeg/basel/denominators.htm.

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Document Created: 2018-12-12 01:39:22
Document Modified: 2018-12-12 01:39:22

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		On September 28, 2018, the Board published a notice in the Federal Register (83 FR 49092) requesting public comment for 60 days on the extension, with revision, of the Procurement Solicitation Package. To better assist the Board's competitive vendor solicitation process, the Board has revised the FR 1400 by (1) reformatting and updating the Solicitation Package, including the Solicitation, Offer, and Award Form (SOA), Supplier Information Form, Past Performance Data Sheet, and Past Performance Questionnaire (FR 1400B); (2) adding the Vendor Risk Management Offeror Questionnaire (FR 1400C); and (3) revising the Subcontracting Report (FR 1400D) to improve clarity and gather specific information in accordance with the Board's subcontracting goals. Lastly, the Board has discontinued the use of the Request for Price Quotation Form (RFP/RFPQ). The purpose of the RFPQ form was absorbed into the FR 1400B. The comment period for this notice expired on November 27, 2018. The Board did not receive any comments. The revisions will be implemented as proposed.
Contact		Federal Reserve Board Clearance Officer--Nuha Elmaghrabi--Office of the Chief Data Officer, Board of Governors of the Federal Reserve System, Washington, DC 20551 (202) 452-3829. Telecommunications Device for the Deaf (TDD) users may contact (202) 263-4869, Board of Governors of the Federal Reserve System, Washington, DC 20551.
FR Citation		83 FR 63886