Federal Register / Vol. 83, No. 146 / Monday, July 30, 2018 / Notices 36659 

premium or premiums for sureties as it 

deems reasonable and necessary,’’ and 

to administer the SBG Program ‘‘on a 

prudent and economically justifiable 

basis,’’ 15 U.S.C. 694b(h), SBA assesses 

a guarantee fee against both the small 

business concern (the Principal) and the 

Surety and deposits these fees into a 

revolving fund to cover the program’s 

liabilities and certain program expenses. 

SBA last changed the fees over 12 

years ago when the fee charged to the 

Sureties was increased from 20% to 

26% of the bond premium and the fee 

charged to Principals increased from 

$6.00 per thousand dollars of the 

contract amount to $7.29 per thousand 

dollars of the contract amount. Those 

fees have been in effect since April 3, 

2006. At that time, SBA determined that 

the program’s revolving fund was 

insufficient to cover projected, 

unfunded liabilities. See 71 FR 9632 

(February 24, 2006). SBA increased the 

guarantee fees to address the projected 

deficiency. Over the past 12 years, with 

the increased fee amounts, the revolving 

fund has accumulated sufficient funds 

to support the program. 

SBA’s rules provide that the amount 

of the fees to be paid by the Surety and 

the Principal ‘‘will be determined by 

SBA and published in Notices in the 

Federal Register from time to time.’’ See 

13 CFR 115.32(b) and (c) and 115.66. 

The purpose of this document is to 

announce that, for the one year period 

beginning October 1, 2018, the Surety 

fee will decrease from 26% of the bond 

premium to 20% of the bond premium 

and the Principal fee will decrease from 

$7.29 per thousand dollars of the 

contract amount to $6 per thousand 

dollars of the contract amount. 

As indicated above, the decreases in 

the fees are temporary and will be in 

effect for guaranteed bonds approved 

during the one year period beginning 

October 1, 2018, and ending September 

30, 2019. During the year, SBA will 

evaluate whether the lower fees will 

result in an increase in the bond activity 

level of the SBG Program and, if so, 

whether any such increased level of 

activity will generate sufficient revenues 

to offset the reduced fee amounts. After 

carefully reviewing program 

performance during the year, SBA will 

determine whether the guarantee fees 

should remain at these new amounts or 

if they should revert to the higher 

amounts or otherwise be changed. 

SBA invites public comments on the 

above stated fee decreases. Please 

clearly identify paper and electronic 

comments as ‘‘Public Comments on Fee 

Decreases under the SBG Program 

Docket No. SBA–2018–0007’’ and 

submit them by one of the methods 

identified in the ADDRESSES section of 

this document. SBA will consider the 

comments and determine whether any 

revisions are necessary. 

Authority: 13 CFR 115.32(b) and (c) and 

115.66. 

Dated: July 23, 2018. 

William Manger, 

Associate Administrator, Office of Capital 

Access. 

[FR Doc. 2018–16202 Filed 7–27–18; 8:45 am] 

BILLING CODE 8025–01–P 

SMALL BUSINESS ADMINISTRATION 

[License No. 03/03–0263] 

Argosy Investment Partners V, L.P.; 

Notice Seeking Exemption Under the 

Small Business Investment Act, 

Conflicts of Interest 

Notice is hereby given that Argosy 

Investment Partners V, L.P., 950 West 

Valley Road, Suite 2900, Wayne, PA 

19087, a Federal Licensee under the 

Small Business Investment Act of 1958, 

as amended (‘‘the Act’’), in connection 

with the financing of a small concern, 

has sought an exemption under Section 

312 of the Act and Section 107.730, 

Financings which Constitute Conflicts 

of Interest of the Small Business 

Administration (‘‘SBA’’) Rules and 

Regulations (13 CFR 107.730). Argosy 

Investment Partners V, L.P. is seeking 

post-financing approval from SBA for 

loan and equity financings it made to 

POSC Holdings LLC, formerly known as 

Panhandle Oilfield Service Companies, 

Inc., 14000 Quail Springs Parkway, 

Suite 300, Oklahoma City, OK 73134. 

The financing is brought within the 

purview of § 107.730(a)(1) of the 

Regulations because Argosy Investment 

Partners IV, L.P., an Associate of Argosy 

Investment Partners V, L.P., owns more 

than ten percent of POSC Holdings LLC, 

and therefore this transaction is 

considered Financing an Associate 

requiring prior SBA approval. Argosy 

Investment Partners V, L.P. has already 

made its investments in POSC Holdings 

LLC and is seeking post-financing SBA 

approval. 

Notice is hereby given that any 

interested person may submit written 

comments on this transaction within 

fifteen days of the date of this 

publication to the Associate 

Administrator, Office of Investment and 

Innovation, U.S. Small Business 

Administration, 409 Third Street SW, 

Washington, DC 20416. 

A. Joseph Shepard, 

Associate Administrator for Office of 

Investment and Innovation. 

[FR Doc. 2018–16205 Filed 7–27–18; 8:45 am] 

BILLING CODE P 

DEPARTMENT OF STATE 

[Public Notice: 10479] 

Notice of Availability of the Draft 

Environmental Assessment for the 

Proposed Keystone XL Pipeline 

Mainline Alternative Route in Nebraska 

ACTION: Notice of availability; 

solicitation of comments. 

SUMMARY: The U.S. Department of State 

(Department) announces the availability 

of the Draft Environmental Assessment 

(Draft EA) for the Proposed Keystone XL 

Pipeline Mainline Alternative Route in 

Nebraska for public review and 

comment. The Draft EA evaluates the 

potential environmental impacts of the 

proposed Keystone XL Mainline 

Alternative Route —consistent with the 

National Environmental Policy Act of 

1969— in support of the Bureau of Land 

Management’s (BLM) review of 

TransCanada Keystone Pipeline, L.P.’s 

(TransCanada) application for a right-ofway. 

DATES: The public comment period ends 

on August 29, 2018. 

ADDRESSES: Comments may be 

submitted at https://

www.regulations.gov by entering the 

title of this Notice or Docket Number: 

DOS–2018–0031 into the search field, 

and then following the prompts. 

FOR FURTHER INFORMATION CONTACT: The 

Draft EA, along with detailed records on 

the proposed project and general 

information about the Presidential 

permit process, are available at: https:// 

keystonepipeline-xl.state.gov. 

Marko Velikonja, Office of 

Environmental Quality and 

Transboundary Issues, (202) 647–4828, 

VelikonjaMG@state.gov. 

SUPPLEMENTARY INFORMATION: On 

January 26, 2017, TransCanada 

resubmitted its Presidential permit 

application for the proposed Keystone 

XL pipeline. On March 23, 2017, the 

Under Secretary of State for Political 

Affairs determined that issuance of a 

Presidential permit to TransCanada to 

construct, connect, operate, and 

maintain at the border of the United 

States pipeline facilities to transport 

crude oil from Canada to the United 

States would serve the national interest. 


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