05-5511. Notice of Quarterly Report

AGENCY:

Millennium Challenge Corporation.

ACTION:

Notice.

SUMMARY:

In accordance with Section 612(b) of the Millennium Challenge Act of 2003 (Pub. L. 108-199, Division D), the Millennium Challenge Corporation is making its first quarterly report available to the public. The following report covers the quarter beginning October 1, 2004 and ending December 31, 2004.

Millennium Challenge Corporation

[Quarterly report for the period October 1, 2004 through December 31, 2004]

	Pending actions	Undisbursed obligations	Expenditures quarter	Expenditures YTD
Programs:
Compacts	$0	$0	$0	$0
Threshold Programs, See (A) Below	40,000,000	0	0	0
Due Diligence/Monitoring and Evaluation See (B) Below	745,000	144,492	144,492	144,492
Inspector General			360,000	360,000
Total	40,745,000	144,492	504,492	504,492
Memo: Inter-agency transfers (included above)
(A) Threshold Programs: USAID agreement to oversee agreements with Threshold Program countries	40,000,000
(B) Due Diligence: Department of the Treasury, Office of Technical Assistance (OTA)—Evaluation by OTA of eligible country financial management systems	250,000
(B) Due Diligence: U.S. Army Corps—Evaluation by Army Corps of Honduran proposal	200,000

FOR FURTHER INFORMATION CONTACT:

Jake Stefanik, Legislative Assistant, Office of Domestic Affairs, at [e-mail] or [phone].

Dated: March 15, 2005.

Frances C. McNaught,

Vice President, Domestic Relations, Millennium Challenge Corporation.