Federal Register / Vol. 89, No. 229 / Wednesday, November 27, 2024 / Notices 93827 

Contracts, Excessive Bonding, Brand 

Name Only, and Geographic 

Restrictions (formerly In-State or Local 

Geographic Restrictions). Regarding 

geographic restrictions, changes since 

the last circular update include 

authority in IIJA to apply local hiring 

targets to construction projects, and the 

removal of a former prohibition against 

geographic restrictions from 2 CFR part 

200. A reference to Self-Dealing and Bid 

Rigging would be added to the list of 

prohibited restrictions on competition. 

The section on Organizational 

Conflicts of Interest would be revised to 

include new guidance on the 

Recipient’s Conflicts in accordance with 

current regulation. Updates to 

Contractor’s Conflicts would include 

expanded guidance on Biased Ground 

Rules in accordance with existing 

regulation. 

The Prohibited or Restricted Contract 

Types section would be simplified, with 

clarifications on Cost Plus a Percentage 

of Cost—Prohibited, Percentage of 

Construction Cost—Prohibited, and 

Time and Materials—Restricted. 

Subsections on When to Use and Firm 

Ceiling Price would be removed as 

unnecessary. 

Methods of Procurement would be 

revised to reflect updated Federal 

regulations, including a new section on 

Self-Certified Micro-Purchase 

Thresholds, which were introduced by 

a new provision in 2 CFR part 200 that 

took effect in 2024. Under the new 

provision, a recipient may set for itself 

a micro-purchase threshold that is 

higher than the Federal micro-purchase 

threshold. Procedures, including 

Distribution (formerly Competition) and 

Documentation, would be clarified, and 

the Small Purchases subsection would 

be renamed Simplified Acquisitions for 

accuracy, regulatory alignment, and to 

avoid confusion with FTA’s unrelated 

‘‘small purchases’’ Buy America waiver. 

The Simplified Acquisitions section 

would be updated to align with the 

current regulations, including updates 

to Competition and Documentation. 

Sealed Bids (Formal Advertising) 

would undergo updates to align with 

current Federal regulations and simplify 

guidance, with specific clarifications in 

When Appropriate, Fixed Price 

Contract, Discussions Unnecessary, and 

Procurement Procedures. 

Competitive Proposals (Request for 

Proposals) would be updated for 

regulatory consistency, with 

clarification in When Appropriate and 

Discussion Expected. Procurement 

Procedures would see updates in Notice 

(formerly Publicity), Written Procedures 

(formerly Evaluation Method), Price and 

Other Factors, and the absorption of 

Best Value into Price and Other Factors. 

The section on Two-Step Procurement 

Procedures would receive additional 

guidance and clarifications. 

Guidance on Architectural and 

Engineering (A&E) Services and Other 

Services would be updated for clarity, 

and a new statement would be added to 

make clear that Multiple Award 

Indefinite-Delivery A&E Contracts are 

permissible. 

Information on Design-Bid-Build 

(DBB) would be incorporated into a new 

section on Mixed A&E-Construction 

Contracts, covering both DBB and 

Progressive Design-Build (PDB). The 

Procurement Method section would be 

updated, with Construction 

Predominant, Design Services 

Predominant, and Selection Processes 

sections absorbed into Procurement 

Method for streamlined guidance. 

The Other Than Full and Open 

Competition section would be revised to 

more closely follow Federal regulations. 

Guidance on Micro-Purchases, Sole 

Source, Unsolicited Proposals, and 

Restricted Data Rights would be 

updated for clarity. The Exigency or 

Emergency section would be clarified, 

with Unusual and Compelling Urgency 

absorbed under Exigency or Emergency. 

The significantly outdated paragraph 

about Associated Capital Maintenance 

Item Exception would be removed. 

Updates would clarify guidance on 

Cardinal Changes, including revised 

guidance on when cardinal changes 

impair competition and how to 

recognize cardinal changes that impair 

competition. 

Eligible Costs would be updated to 

align with the current Federal regulation 

and FTA policy in its Master 

Agreement. The section on Adjustments 

to Project Costs would be removed as 

unnecessary. 

Cost Analysis and Price Analysis 

would receive minor revisions for 

clarity and organization, and the 

sentence on Federal cost principles 

would be removed as redundant with 

the following subsection, Guidance on 

Cost and Price Analysis. 

Guidance on Evaluations and Contract 

Award would be updated with minor 

changes for clarity, and a new 

information on disqualifying offerors 

with recent Tax Liability or Felony 

Convictions. 

Chapter VII 

Chapter VII in Circular 4220.1F deals 

with protests, changes, disputes, and 

appeals of the recipient’s procurement 

decisions to FTA. The proposed circular 

would eliminate Chapter VII and 

replace it with a new paragraph in 

proposed Chapter III on Recipient 

Responsibilities and FTA’s Role in 

Procurement Disputes. That paragraph 

would restate the current regulation, 

which commits procurement decisions 

to the discretion of the recipient and 

states that FTA will not substitute its 

judgment for that of the recipient unless 

the matter is primarily a Federal 

concern. It also would state FTA’s 

interest in settlements of procurement 

disputes that would commit Federal 

funds or the proceeds of procurement 

disputes arising from federally funded 

procurements. 

Appendices 

FTA proposes to revise the 

appendices of the circular to improve 

accuracy, accessibility, and ensure 

alignment with current best practices. 

Specifically, Appendix A, References, 

would be revised to reflect sources 

incorporated in this version. Appendix 

B, FTA Regional and Metropolitan 

Office Contact Information, and 

Appendix C, Third Party Contracting 

Checklist, would be removed to 

streamline the document and focus on 

core guidance. Additionally, Appendix 

D, Provisions, Certifications, Reports, 

Forms, and Other—Matrices, would be 

removed to enable more timely updates 

to this information on the FTA website. 

Closing 

After a review and consideration of 

the comments provided on the updates 

proposed, FTA will publish the updated 

Third Party Contracting Guidance 

Circular (C 4220.1G) on its website and 

will announce the availability of the 

updated circular and the response to 

comments in the Federal Register. 

Veronica Vanterpool, 

Deputy Administrator. 

[FR Doc. 2024–27645 Filed 11–26–24; 8:45 am] 

BILLING CODE 4910–57–P 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

Agency Information Collection 

Activities: Information Collection 

Renewal; Comment Request; 

Computer-Security Incident 

Notification 

AGENCY: Office of the Comptroller of the 

Currency (OCC), Treasury. 

ACTION: Notice and request for 

comment. 

SUMMARY: The OCC, as part of its 

continuing effort to reduce paperwork 

and respondent burden, invites 


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93828 Federal Register / Vol. 89, No. 229 / Wednesday, November 27, 2024 / Notices 

1A banking organization as ‘‘a national bank, 

Federal savings association, or Federal branch or 

agency of a foreign bank; provided, however, that 

no designated financial market utility shall be 

considered a banking organization.’’ 12 CFR 

53.2(b)(1). 

2A bank service provider is ‘‘a bank service 

company or other person that performs covered 

services; provided, however, that no designated 

financial market utility shall be considered a bank 

service provider.’’ 12 CFR 53.2(b)(2). 

3 12 CFR 53.2(b)(7). A ‘‘computer-security 

incident’’ is ‘‘an occurrence that results in actual 

harm to the confidentiality, integrity, or availability 

of an information system or the information that the 

system processes, stores, or transmits.’’ 12 CFR 

53.2(b)(4). 

comment on a continuing information 

collection, as required by the Paperwork 

Reduction Act of 1995 (PRA). In 

accordance with the requirements of the 

PRA, the OCC may not conduct or 

sponsor, and the respondent is not 

required to respond to, an information 

collection unless it displays a currently 

valid Office of Management and Budget 

(OMB) control number. The OCC is 

soliciting comment concerning the 

renewal of its information collection 

titled, ‘‘Computer-Security Incident 

Notification.’’ 

DATES: Comments must be received by 

January 27, 2025. 

ADDRESSES: Commenters are encouraged 

to submit comments by email, if 

possible. You may submit comments by 

any of the following methods: 

• Email: prainfo@occ.treas.gov. 

• Mail: Chief Counsel’s Office, 

Attention: Comment Processing, Office 

of the Comptroller of the Currency, 

Attention: 1557–0350, 400 7th Street 

SW, Suite 3E–218, Washington, DC 

20219. 

• Hand Delivery/Courier: 400 7th 

Street SW, Suite 3E–218, Washington, 

DC 20219. 

• Fax: (571) 293–4835. 

Instructions: You must include 

‘‘OCC’’ as the agency name and ‘‘1557– 

0350’’ in your comment. In general, the 

OCC will publish comments on 

www.reginfo.gov without change, 

including any business or personal 

information provided, such as name and 

address information, email addresses, or 

phone numbers. Comments received, 

including attachments and other 

supporting materials, are part of the 

public record and subject to public 

disclosure. Do not include any 

information in your comment or 

supporting materials that you consider 

confidential or inappropriate for public 

disclosure. 

Following the close of this notice’s 

60-day comment period, the OCC will 

publish a second notice with a 30-day 

comment period. You may review 

comments and other related materials 

that pertain to this information 

collection beginning on the date of 

publication of the second notice for this 

collection by the method set forth in the 

next bullet. 

• Viewing Comments Electronically: 

Go to www.reginfo.gov. Hover over the 

‘‘Information Collection Review’’ tab 

and click on ‘‘Information Collection 

Review’’ from the drop-down menu. 

From the ‘‘Currently under Review’’ 

drop-down menu, select ‘‘Department of 

Treasury’’ and then click ‘‘submit.’’ This 

information collection can be located by 

searching OMB control number ‘‘1557– 

0350’’ or ‘‘Computer-Security Incident 

Notification.’’ Upon finding the 

appropriate information collection, click 

on the related ‘‘ICR Reference Number.’’ 

On the next screen, select ‘‘View 

Supporting Statement and Other 

Documents’’ and then click on the link 

to any comment listed at the bottom of 

the screen. 

• For assistance in navigating 

www.reginfo.gov, please contact the 

Regulatory Information Service Center 

at (202) 482–7340. 

FOR FURTHER INFORMATION CONTACT: 

Shaquita Merritt, Clearance Officer, 

(202) 649–5490, Chief Counsel’s Office, 

Office of the Comptroller of the 

Currency, 400 7th Street SW, 

Washington, DC 20219. If you are deaf, 

hard of hearing, or have a speech 

disability, please dial 7–1–1 to access 

telecommunications relay services. 

SUPPLEMENTARY INFORMATION: Under the 

PRA (44 U.S.C. 3501 et seq.), Federal 

agencies must obtain approval from the 

OMB for each collection of information 

that they conduct or sponsor. 

‘‘Collection of information’’ is defined 

in 44 U.S.C. 3502(3) and 5 CFR 

1320.3(c) to include agency requests or 

requirements that members of the public 

submit reports, keep records, or provide 

information to a third party. Section 

3506(c)(2)(A) of title 44 generally 

requires Federal agencies to provide a 

60-day notice in the Federal Register 

concerning each proposed collection of 

information, including each proposed 

extension of an existing collection of 

information, before submitting the 

collection to OMB for approval. To 

comply with this requirement, the OCC 

is publishing notice of the renewal of 

this collection. 

Title: Computer-Security Incident 

Notification. 

OMB Control No.: 1557–0350. 

Type of Review: Regular. 

Affected Public: Businesses or other 

for-profit. 

Description: Pursuant to 12 CFR part 

53, the OCC has established certain 

computer-security incident notification 

requirements applicable to banking 

organizations 1 and bank service 

providers.2 Specifically, 12 CFR 53.3 

requires a banking organization to notify 

the OCC about a ‘‘notification incident’’ 

as soon as possible but no later than 36 

hours after the banking organization 

determines that a notification incident 

has occurred. The regulation defines a 

‘‘notification incident’’ as ‘‘a computersecurity incident that has materially 

disrupted or degraded, or is reasonably 

likely to materially disrupt or degrade, 

a banking organization’s—(i) [a]bility to 

carry out banking operations, activities, 

or processes, or deliver banking 

products and services to a material 

portion of its customer base, in the 

ordinary course of business; (ii) 

[b]usiness line(s), including associated 

operations, services, functions, and 

support, that upon failure would result 

in a material loss of revenue, profit, or 

franchise value; or (iii) [o]perations, 

including associated services, functions 

and support, as applicable, the failure or 

discontinuance of which would pose a 

threat to the financial stability of the 

United States.’’ 3

Additionally, a bank service provider 

must notify at least one bank-designated 

point of contact at each affected banking 

organization customer as soon as 

possible when the bank service provider 

determines that it has experienced a 

computer-security incident that has 

materially disrupted or degraded, or is 

reasonably likely to materially disrupt 

or degrade, covered services provided to 

such banking organization for four or 

more hours. 

Estimated Burden: 

Estimated Frequency of Response: On 

occasion; event generated. 

Estimated Number of Respondents: 

Reporting: 100 Respondents. 

Disclosure: 832 Respondents. 

Estimated Total Annual Burden: 

2,795 hours. 

Comments submitted in response to 

this notice will be summarized and 

included in the request for OMB 

approval. All comments will become a 

matter of public record. Comments are 

invited on: 

(a) Whether the collection of 

information is necessary for the proper 

performance of the functions of the 

OCC, including whether the information 

has practical utility; 

(b) The accuracy of the OCC’s 

estimate of the burden of the collection 

of information; 

(c) Ways to enhance the quality, 

utility, and clarity of the information to 

be collected; 

(d) Ways to minimize the burden of 

the collection on respondents, including 


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Federal Register / Vol. 89, No. 229 / Wednesday, November 27, 2024 / Notices 93829 

through the use of automated collection 

techniques or other forms of information 

technology; and 

(e) Estimates of capital or start-up 

costs and costs of operation, 

maintenance, and purchase of services 

to provide information. 

Patrick T. Tierney, 

Assistant Director, Office of the Comptroller 

of the Currency. 

[FR Doc. 2024–27876 Filed 11–26–24; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF THE TREASURY 

Office of Foreign Assets Control 

Notice of OFAC Sanctions Action 

AGENCY: Office of Foreign Assets 

Control, Treasury. 

ACTION: Notice. 

SUMMARY: The U.S. Department of the 

Treasury’s Office of Foreign Assets 

Control (OFAC) is publishing the names 

of one or more persons that have been 

placed on OFAC’s Specially Designated 

Nationals and Blocked Persons List 

(SDN List) based on OFAC’s 

determination that one or more 

applicable legal criteria were satisfied. 

All property and interests in property 

subject to U.S. jurisdiction of these 

persons are blocked, and U.S. persons 

are generally prohibited from engaging 

in transactions with them. 

DATES: This action was issued on 

October 30, 2024. See SUPPLEMENTARY

INFORMATION for relevant dates. 

FOR FURTHER INFORMATION CONTACT: 

OFAC: Associate Director for Global 

Targeting, 202–622–2420; or https://

ofac.treasury.gov/contact-ofac. 

SUPPLEMENTARY INFORMATION: 

Electronic Availability 

The SDN List and additional 

information concerning OFAC sanctions 

programs are available on OFAC’s 

website: https://ofac.treasury.gov. 

Notice of OFAC Action(s) 

On October 30, 2024, OFAC 

determined that the property and 

interests in property subject to U.S. 

jurisdiction of the following persons are 

blocked under the relevant sanctions 

authorities listed below. 

BILLING CODE 4810–AL–P 


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