60-day notice published in Fed. Reg., 8/14/2013

Federal Register / Vol. 78, No. 157 / Wednesday, August 14, 2013 / Notices
all FFEL Program guaranty agency
responsibilities, including the added
responsibilities assigned to it under the
VFA. This oversight will include, at a
minimum, requirements that the
guaranty agency submit operational
status reports, financial reports, and
performance metrics on the portfolio
assigned to it under the VFA.
Schedule of Revenues and Fees
The Secretary expects that the
increased number of defaulted loans on
which a VFA participating guaranty
agency will collect will result in
financial savings from economies of
scale and increased efficiencies. In
addition, the VFA participating
guaranty agencies will earn increased
revenues from Account Maintenance
Fees (AMF) and Default Aversion Fees
(DAF) on the increased number of nondefaulted loans for which the agency
has assumed guarantor responsibility.
As noted in the Voluntary Flexible
Agreements section of this notice, a VFA
may provide that a guaranty agency will
earn revenues and fees differently than
it would under agreements pursuant to
section 428(b) and (c) of the HEA.
Therefore, VFAs developed as a result of
this notice will include a revised
schedule of revenues and fees that will
apply to loans transferred to the VFA
participating guaranty agency pursuant
to the VFA. The revised schedule,
which will be common to all VFA
participating guaranty agencies, will
result in lower costs to the Secretary.
Under the revised schedule, the VFA
participating guaranty agency will
receive the regular AMF rate calculated
under 34 CFR 682.404(i) and DAF
calculated under 34 CFR 682.404(k)(2).
The schedule will provide that the
agency will retain 100 percent of
collection costs paid by borrowers on
defaulted loans, capped at current
regulatory limits. However, the revised
schedule will provide that, except on
loans which have been rehabilitated
under 34 CFR 682.405, the Secretary’s
share of total collections of principal
and interest is 100 percent. For loans
that have been rehabilitated, the
Secretary’s share will be 93 percent.

tkelley on DSK3SPTVN1PROD with NOTICES

Letters of Request for a VFA
Guaranty agencies with agreements
with the Secretary under section 428(b)
and (c) of the HEA that wish to enter
into a VFA under the terms outlined in
this notice must submit a written
‘‘Request for a VFA’’ by the deadline in
the DATES section of this notice and in
the format described in the Instructions
for Submitting a Request for a VFA
section of this notice.

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16:16 Aug 13, 2013

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49489

Information to Be Included With the
Request for a VFA

your search to documents published by
the Department.

A Request for a VFA must include
information addressing the guaranty
agency’s capacity to perform each of the
activities discussed in the Agency
Demonstrated Performance section of
this notice. The information should be
submitted as an attachment to the
agency’s Request for a VFA letter and be
in the form of a bulleted narrative that
totals no more than 10 pages. The
Secretary may request that the agency
provide supporting or other
documentation to assist the Secretary in
making a decision regarding the
agency’s possible participation in a
VFA.

Program Authority: 20 U.S.C. 1070a,
1070a–1, 1070b–1070b–4, 1070c–1070c–4,
1070g, 1071–1087–2, 1087a–1087j, and
1087aa–1087ii; 42 U.S.C. 2751–2756b.

Availability of Letters of Request for
Consideration
Requests for a VFA submitted to the
Secretary in response to this notice will
generally be considered public
documents.
Selection

Frm 00046

[FR Doc. 2013–19749 Filed 8–13–13; 8:45 am]
BILLING CODE 4000–01–P

DEPARTMENT OF ENERGY
Federal Energy Regulatory
Commission
[Docket No. IC13–20–000]

Commission Information Collection
Activities (FERC–515); Comment
Request; Extension
Federal Energy Regulatory
Commission, DOE.
ACTION: Notice of information collection
and request for comments.
AGENCY:

The Secretary will review and
evaluate an agency’s Request for a VFA
letter, the accompanying supporting
documentation, and other relevant
information (e.g., financial information,
audit and program review results, and
any relevant public information about
the agency and its management) that is
available to the Secretary. The guaranty
agencies that will be offered the
opportunity to enter into a VFA as
described in this notice will be those
that the Secretary determines best
demonstrate their capability to perform
the responsibilities under the VFA.
Accessible Format: Individuals with
disabilities can obtain this document in
an accessible format (e.g., braille, large
print, audiotape, or compact disc) on
request to the contact listed above.
Electronic Access to This Document:
The official version of this document is
the document published in the Federal
Register. Free Internet access to the
official edition of the Federal Register
and the Code of Federal Regulations is
available via the Federal Digital System
at: www.gpo.gov/fdsys. At this site you
can view this document, as well as all
other documents of this Department
published in the Federal Register, in
text or Adobe Portable Document
Format (PDF). To use PDF you must
have Adobe Acrobat Reader, which is
available free at the site.
You may also access documents of the
Department published in the Federal
Register by using the article search
feature at: www.federalregister.gov.
Specifically, through the advanced
search feature at this site, you can limit

PO 00000

Dated: August 9, 2013.
Brenda Dann-Messier,
Assistant Secretary for Vocational and Adult
Education, delegated the authority to perform
the functions and duties of the Assistant
Secretary for Postsecondary Education.

Fmt 4703

Sfmt 4703

In compliance with the
requirements of the Paperwork
Reduction Act of 1995, 44 U.S.C.
3506(c)(2)(A), the Federal Energy
Regulatory Commission (Commission or
FERC) is soliciting public comment on
the currently approved information
collection, FERC–515 (Rules of Practice
and Procedure: Declaration of
Intention).

SUMMARY:

Comments on the collection of
information are due October 15, 2013.
ADDRESSES: You may submit comments
(identified by Docket No. IC13–20–000)
by either of the following methods:
• eFiling at Commission’s Web site:
http://www.ferc.gov/docs-filing/
efiling.asp
• Mail/Hand Delivery/Courier:
Federal Energy Regulatory Commission,
Secretary of the Commission, 888 First
Street NE., Washington, DC 20426.
Instructions: All submissions must be
formatted and filed in accordance with
submission guidelines at: http://
www.ferc.gov/help/submissionguide.asp. For user assistance contact
FERC Online Support by email at
[email protected], or by phone
at: (866) 208–3676 (toll-free), or (202)
502–8659 for TTY.
Docket: Users interested in receiving
automatic notification of activity in this
docket or in viewing/downloading
comments and issuances in this docket
may do so at http://www.ferc.gov/docsfiling/docs-filing.asp.
DATES:

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49490

Federal Register / Vol. 78, No. 157 / Wednesday, August 14, 2013 / Notices

FOR FURTHER INFORMATION CONTACT:

Ellen Brown may be reached by email
at [email protected], telephone
at (202) 502–8663, and fax at (202) 273–
0873.
SUPPLEMENTARY INFORMATION:
Title: Rules of Practice and Procedure:
Declaration of Intention.
OMB Control No.: 1902–0079.
Type of Request: Three-year extension
of the FERC–515 information collection
requirements with no changes to the
current reporting requirements.
Abstract: The Commission uses the
information collected under the
requirements of FERC–515 to
implement the statutory provisions of
Section 23(b) of the Federal Power Act
(FPA).1 Section 23(b) authorized the
Commission to make a determination as
to whether it has jurisdiction over a

proposed water project 2 not affecting
navigable waters 3 but across, along,
over, or in waters over which Congress
has jurisdiction under its authority to
regulate commerce with foreign nations
and among the several States. Section
23(b) requires that any person intending
to construct project works on such
waters must file a declaration of their
intention with the Commission. If the
Commission finds the proposed project
will have an impact on interstate or
foreign commerce, then the entity
intending to construct the project must
obtain a Commission license or
exemption before starting construction.4
The information is collected in the form
of a written application, containing
sufficient details to allow the
Commission staff to research the

jurisdictional aspects of the project.
This research includes examining maps
and land ownership records to establish
whether or not there is Federal
jurisdiction over the lands and waters
affected by the project. A finding of nonjurisdictional by the Commission
eliminates a substantial paperwork
burden for the applicant who might
otherwise have to file for a license or
exemption application. The
Commission implements these filing
requirements under 18 CFR part 24.
Type of Respondents: Persons
intending to construct project works on
certain waters described above.
Estimate of Annual Burden 5: The
Commission estimates the total Public
Reporting Burden for this information
collection as:

FERC–515: RULES OF PRACTICE AND PROCEDURE: DECLARATION OF INTENTION
Number of respondents

Number of responses per
respondent

Total number of responses

Average burden hours per
response

Estimated total annual
burden

(A)

(B)

(A) × (B)=(C)

(D)

(C) × (D)

10

1

10

80

800

The total estimated annual cost
burden to respondents is $56,000 [800
hours * $70/hour 6 = $56,000].
Comments: Comments are invited on:
(1) Whether the collection of
information is necessary for the proper
performance of the functions of the
Commission, including whether the
information will have practical utility;
(2) the accuracy of the agency’s estimate
of the burden and cost of the collection
of information, including the validity of
the methodology and assumptions used;
(3) ways to enhance the quality, utility
and clarity of the information collection;
and (4) ways to minimize the burden of
the collection of information on those
who are to respond, including the use
of automated collection techniques or
other forms of information technology.
Dated: August 7, 2013.
Kimberly D. Bose,
Secretary.
[FR Doc. 2013–19659 Filed 8–13–13; 8:45 am]

DEPARTMENT OF ENERGY
Federal Energy Regulatory
Commission
[Docket No. IC13–19–000]

Commission Information Collection
Activities (Ferc-511); Comment
Request; Extension
Federal Energy Regulatory
Commission, DOE.

AGENCY:

Notice of information collection
and request for comments.

ACTION:

In compliance with the
requirements of the Paperwork
Reduction Act of 1995, 44 U.S.C.
3506(c)(2)(A), the Federal Energy
Regulatory Commission (Commission or
FERC) is soliciting public comment on
the currently approved information
collection, FERC–511 (Transfer of
Electric License).

SUMMARY:

Comments on the collection of
information are due October 15, 2013.

DATES:

BILLING CODE 6717–01–P

You may submit comments
(identified by Docket No. IC13–19–000)
by either of the following methods:

tkelley on DSK3SPTVN1PROD with NOTICES

ADDRESSES:

1 16

U.S.C. 817.
or other project works (see 16 U.S.C. 817).
3 See 16 U.S.C. 796(8) for the definition of
‘‘Navigable Waters’’.
4 Upon a finding of non-jurisdictional by the
Commission, and if no public lands or reservations
2 Dams

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16:16 Aug 13, 2013

Jkt 229001

are affected, permission is granted upon compliance
with State laws.
5 The Commission defines burden as the total
time, effort, or financial resources expended by
persons to generate, maintain, retain, or disclose or
provide information to or for a Federal agency. For

PO 00000

Frm 00047

Fmt 4703

Sfmt 4703

• eFiling at Commission’s Web site:
http://www.ferc.gov/docs-filing/
efiling.asp.
• Mail/Hand Delivery/Courier:
Federal Energy Regulatory Commission,
Secretary of the Commission, 888 First
Street NE., Washington, DC 20426.
Instructions: All submissions must be
formatted and filed in accordance with
submission guidelines at: http://
www.ferc.gov/help/submissionguide.asp. For user assistance contact
FERC Online Support by email at
[email protected], or by phone
at: (866) 208–3676 (toll-free), or (202)
502–8659 for TTY.
Docket: Users interested in receiving
automatic notification of activity in this
docket or in viewing/downloading
comments and issuances in this docket
may do so at http://www.ferc.gov/docsfiling/docs-filing.asp.
FOR FURTHER INFORMATION CONTACT:
Ellen Brown may be reached by email
at [email protected], telephone
at (202) 502–8663, and fax at (202) 273–
0873.
SUPPLEMENTARY INFORMATION:
Title: Transfer of Electric License.
OMB Control No.: 1902–0069.
further explanation of what is included in the
information collection burden, reference 5 Code of
Federal Regulations 1320.3.
6 FY2013 Estimated Average Hourly Cost per FTE,
including salary + benefits.

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