[Federal Register Volume 59, Number 140 (Friday, July 22, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-17702]
[[Page Unknown]]
[Federal Register: July 22, 1994]
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SMALL BUSINESS ADMINISTRATION
13 CFR Part 101
Delegations of Authority: Surety Guarantees
AGENCY: Small Business Administration.
ACTION: Final rule.
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SUMMARY: The Small Business Administration (SBA) is extending its
delegations of authority for guaranteeing sureties against a portion of
the losses resulting from the breach of bid, payment or performance
bonds on contracts to include the District Director and the Assistant
District Director for Economic Development in certain specified
district offices.
EFFECTIVE DATE: This rule is effective on July 22, 1994.
FOR FURTHER INFORMATION CONTACT:
Dorothy D. Kleeschulte, Associate Administrator, Office of Surety
Guarantees, U.S. Small Business Administration, 409 3rd Street SW.,
Washington, DC 20416, (202) 205-6540.
SUPPLEMENTARY INFORMATION: SBA is expanding its delegations of
authority for guaranteeing sureties against a portion of the losses
resulting from the breach of bid, payment or performance bonds on
contracts. Under the amendment the District Director and the Assistant
District Director for Economic Development in the following District
Offices have been delegated such authority for contracts not to exceed
$1,250,000: Boston, MA; New York, NY; Philadelphia (King of Prussia),
PA; Atlanta, GA; Chicago, IL; Dallas, TX; Kansas City, MO; Denver, CO;
San Francisco, CA; and Seattle, WA.
Because this final rule governs matters of agency organization,
management and personnel and makes no substantive change in SBA's
regulations, SBA is not required to determine if these changes
constitute a major or significant rule for purposes of Executive Order
12866, to determine if they have a significant economic impact on a
substantial number of small entities pursuant to the Regulatory
Flexibility Act (5 U.S.C. 601 et seq.), or to perform a Federalism
assessment pursuant to Executive Order 12612. SBA certifies that these
changes will not impose a new recordkeeping or reporting requirement
under the Paperwork Reduction Act (44 U.S.C. CH 35).
SBA is publishing this regulation governing agency organization,
procedure and practice as a final rule without opportunity for notice
and public comment pursuant to 5 U.S.C. 553(b)(A). The rule will be
effective upon publication to expedite the more efficient processing of
applications for surety guarantees.
List of Subjects in 13 CFR Part 101
Authority delegations (Government agencies); Administrative
practice and procedure; Organization and functions (Government
agencies).
Part 101 of title 13, Code of Federal Regulations, is amended as
follows:
PART 101--[AMENDED]
1. The authority citations for part 101 continue to read as
follows:
Authority: Secs. 4 and 5, Pub. L. 85-536, 72 Stat. 384 and 385
(15 U.S.C. 633 and 634, as amended); sec. 308, Pub. L. 85-699, 72
Stat. 694 (15 U.S.C. 687, as amended); sec. 5(b)(11), Pub. L. 93-386
(August 23, 1974); and 5 U.S.C. 552.
2. Section 101.3-2 is revised in Part III, Section C, by
redesignating items 1(c) through 1(f) as 1(e) through 1(h) and by
inserting items 1(c) and 1(d) to read as follows:
Sec. 101.3-2 Delegations of authority to conduct program activities in
field offices.
* * * * *
PART III--OTHER FINANCIAL AND GUARANTY PROGRAMS
* * * * *
Section C--Surety Guarantee
* * * * *
c. District Director for the following District Offices: Boston, MA;
New York, NY; Philadelphia (King of Prussia), PA; Atlanta, GA; Chicago,
IL; Dallas, TX; Kansas City, MO; Denver, CO; San Francisco, CA; and
Seattle, WA
$1,250,000
d. Assistant District Director for Economic Development for the
following District Offices: Boston, MA; New York, NY; Philadelphia
(King of Prussia), PA; Atlanta, GA; Chicago, IL; Dallas, TX; Kansas
City, MO; Denver, CO; San Francisco, CA; and Seattle, WA
$1,250,000
* * * * *
Dated: July 12, 1994.
Cassandra M. Pulley,
Acting Administrator.
[FR Doc. 94-17702 Filed 7-21-94; 8:45 am]
BILLING CODE 8025-01-M
