Document

Issuance of Revised OMB Circular No. A-94, “Guidelines and Discount Rates for Benefit-Cost Analysis of Federal Programs”

The Office of Management and Budget (OMB) is announcing the issuance of the revised Circular A-94, "Guidelines and Discount Rates for Benefit-Cost Analysis of Federal Programs."

Office of Management and Budget

AGENCY:

Office of Management and Budget.

ACTION:

Notice of availability.

SUMMARY:

The Office of Management and Budget (OMB) is announcing the issuance of the revised Circular A-94, “Guidelines and Discount Rates for Benefit-Cost Analysis of Federal Programs.”

ADDRESSES:

Circular A-94, “Regulatory Analysis,” is available at www.whitehouse.gov/​wp-content/​uploads/​2023/​11/​CircularA-94.pdf.

FOR FURTHER INFORMATION CONTACT:

Jamie Taber, Office of Economic Policy, Office of Management and Budget, (202) 395-2515, .

SUPPLEMENTARY INFORMATION:

OMB announces the issuance of the revised Circular A-94, Regulatory Analysis. OMB Circular No. A-94 provides guidance on benefit-cost analysis and cost-effectiveness analysis of Federal spending. The new Circular is available at www.whitehouse.gov/​wp-content/​uploads/​2023/​11/​CircularA-94.pdf.

This Circular replaces and rescinds Office of Management and Budget (OMB) Circular No. A-94, “Guidelines and Discount Rates for Benefit Cost Analysis of Federal Programs,” dated October 29, 1992.

A draft of this Circular was subject to public comment and interagency review.

Wesley Yin,

Associate Director for Economic Policy, Office of Management and Budget.

[FR Doc. 2023-24817 Filed 11-9-23; 8:45 am]

BILLING CODE 3110-01-P

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Federal Register Citation

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88 FR 77615

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“Issuance of Revised OMB Circular No. A-94, “Guidelines and Discount Rates for Benefit-Cost Analysis of Federal Programs”,” thefederalregister.org (November 13, 2023), https://thefederalregister.org/documents/2023-24817/issuance-of-revised-omb-circular-no-a-94-guidelines-and-discount-rates-for-benefit-cost-analysis-of-federal-programs.