15536 Federal Register / Vol. 60, No. 57 / Friday, March 24, 1995 / Notices

1Under the contract’s current terms, a shipping

certificate issuer is required to load out FCOJ from

the issuer’s CANYCE-licensed tank storage facility

upon the request of the certificate holder.

Deliverable warehouse receipts represent FCOJ

packed in drums in store at the receipt issuers’

Exchange-licensed warehouses.

2The contract’s existing terms define ‘‘net worth’’

as the excess of assets over liabilities.

3The contract’s existing rules provide that

performance bonds must be in a form approved by,

and issued by sureties satisfactory to, the Exchange.

Under the current rules, letters of credit must be in

a form approved by the CANYCE, issued by a bank

satisfactory to the Exchange and written in favor of

the CANYCE. In addition, such letters of credit

must be unconditional, irrevocable, and available to

be drawn upon by the CANYCE on demand by

clean sight drafts.

8115–L1–599–7220

Beverly L. Milkman,

Executive Director.

[FR Doc. 95–7339 Filed 3–23–95; 8:45 am]

BILLING CODE 6820–33–P

Procurement List Additions

AGENCY: Committee for Purchase From

People Who Are Blind or Severely

Disabled.

ACTION: Additions to the procurement

list.

SUMMARY: This action adds to the

Procurement List a commodity and

services to be furnished by nonprofit

agencies employing persons who are

blind or have other severe disabilities.

EFFECTIVE DATE: April 24, 1995.

ADDRESSES: Committee for Purchase

From People Who Are Blind or Severely

Disabled, Crystal Square 3, Suite 403,

1735 Jefferson Davis Highway,

Arlington, Virginia 22202–3461.

FOR FURTHER INFORMATION CONTACT:

Beverly Milkman (703) 603–7740.

SUPPLEMENTARY INFORMATION: On

January 27 and February 3, 1995, the

Committee for Purchase From People

Who Are Blind or Severely Disabled

published notices (60 FR 5373 and

6702) of proposed additions to the

Procurement List.

After consideration of the material

presented to it concerning capability of

qualified nonprofit agencies to provide

the commodity and services, fair market

price, and impact of the additions on

the current or most recent contractors,

the Committee has determined that the

commodity and services listed below

are suitable for procurement by the

Federal Government under 41 U.S.C.

46–48c and 41 CFR 51–2.4.

I certify that the following action will

not have a significant impact on a

substantial number of small entities.

The major factors considered for this

certification were:

1. The action will not result in any

additional reporting, recordkeeping or

other compliance requirements for small

entities other than the small

organizations that will furnish the

commodity and services to the

Government.

2. The action does not appear to have

a severe economic impact on current

contractors for the commodity and

services.

3. The action will result in

authorizing small entities to furnish the

commodity and services to the

Government.

4. There are no known regulatory

alternatives which would accomplish

the objectives of the Javits-WagnerO’Day Act (41 U.S.C. 46–48c) in

connection with the commodity and

services proposed for addition to the

Procurement List.

Accordingly, the following

commodity and services are hereby

added to the Procurement List:

Commodity

Pad, Scouring

7920–00–045–2940

Services

Grounds Maintenance

Basewide (except Quarters and Common

Areas)

Fort Sam Houston, Texas

Janitorial/Custodial

Denver Federal Center

Buildings 76, 80, 93 and 94

Denver, Colorado

Mailroom Operation & Administrative

Support

Department of Veterans Affairs Medical

Center

718 Smyth Road

Manchester, New Hampshire

This action does not affect current

contracts awarded prior to the effective

date of this addition or options

exercised under those contracts.

Beverly L. Milkman,

Executive Director.

[FR Doc. 95–7340 Filed 3–23–95; 8:45 am]

BILLING CODE 6820–33–P

COMMODITY FUTURES TRADING

COMMISSION

Citrus Associates of the New York

Cotton Exchange: Proposed

Amendments Pertaining to Financial

Requirements for Facilities Licensed

for Delivery on the Frozen

Concentrated Orange Juice Futures

Contract

AGENCY: Commodity Futures Trading

Commission.

ACTION: Notice of proposed contract

market rule changes.

SUMMARY: The Citrus Associates of the

New York Cotton Exchange (‘‘CANYCE

or Exchange’’) has submitted proposed

amendments to its frozen concentrated

orange juice (‘‘FCOJ’’) futures contract.

The primary proposed amendments will

revise the contract’s financial

requirements concerning the dollar

value of performance bonds or letters of

credit operators of CANYCE-licensed

delivery facilities must obtain in

support of shipping certificates and

warehouse receipts issued for delivery

on the futures contract.

In accordance with section 5a(a)(12)

of the Commodity Exchange Act, and

acting pursuant to the authority

delegated by Commission Regulation

140.96, the Acting Director of the

Division of Economic Analysis

(‘‘Division’’) of the Commodity Futures

Trading Commission (‘‘Commission’’)

has determined, on behalf of the

Commission, that publication of the

proposed amendments would be in the

public interest and would assist the

Commission in considering the views of

interested persons. On behalf of the

Commission, the Division is requesting

comment on this proposal.

DATES: Comments must be received on

or before April 24, 1995.

ADDRESSES: Interested persons should

submit their views and comments to

Jean A. Webb, Secretary, Commodity

Futures Trading Commission, 2033 K

Street NW, Washington, DC 20581.

Reference should be made to the

proposed amendments to the CANYCE’s

financial requirements for licensed

delivery facilities.

FOR FURTHER INFORMATION CONTACT:

Frederick V. Linse, Division of

Economic Analysis, Commodity Futures

Trading Commission, 2033 K Street NW,

Washington, DC 20581, telephone (202)

254–7303.

SUPPLEMENTARY INFORMATION: The

current provisions of the FCOJ futures

contract provide that delivery may be

effected by tendering to the CANYCE a

shipping certificate or warehouse

receipt issued by an Exchange-licensed

delivery facility.1 The existing terms of

the futures contract provide that the

number of shipping certificates issued

by a CANYCE-licensed tank facility

operator may not exceed the sum of the

following two calculations: (1) The

number obtained by dividing the facility

operator’s net worth 2 by $40,000 and (2)

the number obtained by dividing the

total principal amounts of all

performance bonds and letters of credit 3

issued to the facility operator by

$25,000. The futures contract also

currently provides that a facility
Federal Register / Vol. 60, No. 57 / Friday, March 24, 1995 / Notices 15537

4The proposed amendments also would specify

that the above-noted special committee shall consist

of a minimum of seven and a maximum of ten

members, with each member and the committee’s

chairman being appointed by the CANYCE’s

President. Under the proposed amendments, the

special committee would have authority to decide

all matters pertaining to the financial requirements

of CANYCE-licensed delivery facilities.

operator that desires to increase the

number of shipping certificates it may

issue for futures delivery may provide

additional performance bonds or letters

of credit to the Exchange equal to $1

million.

The primary proposed amendments

would specify that the maximum

number of shipping certificates that

could be issued by a CANYCE-licensed

delivery facility will be determined in

accordance with a CANYCE specified

schedule based on the amount of

performance bonds or letters of credit

posted with the Exchange. The

minimum performance bond would be

$1,000,000, which would permit the

facility posting such a bond to issue and

have outstanding up to 44 shipping

certificates. The schedule specifying the

maximum number of shipping

certificates that may be issued for given

dollar amounts of performance bonds or

letters of credit is set forth below:

Amount of performamce bond

or letter of credit in dollars

Maximum

No. of certificates or

receipts issuable

1,000,000 .................................. 44

2,260,000 .................................. 100

3,760,000 .................................. 200

5,260,000 .................................. 300

6,760,000 .................................. 400

8,260,000 .................................. 500

9,760,000 .................................. 600

11,260,000 ................................ 700

The proposed amendments would

require that a licensed delivery facility

operator or owner must submit to the

Exchange a letter of credit or

performance bond issued by a bank,

insurance company or other financial

institution that is acceptable to the

CANYCE. The proposed amendments

specify that such bonds or letters of

credit must be approved by a special

Exchange committee.4 The CANYCE

also is proposing amendments to certain

other Exchange rules to facilitate

implementation of the above-noted

proposed financial requirements.

The CANYCE indicates that the

purpose of the proposed amendments is

to better protect the holders of shipping

certificates and warehouse receipts

against performance failure on the part

of a CANYCE-licensed delivery facility

and, therefore, increase the confidence

of shipping certificate and warehouse

receipt holders in the FCOJ futures

market. The Exchange also indicates

that the proposed amendments will

simplify the contract’s financial

requirements for CANYCE-licensed

delivery facility operators.

Copies of the proposed amendments

will be available for inspection at the

Office of the Secretariat, Commodity

Futures Trading Commission, 2033 K

Street NW., Washington, DC 20581.

Copies of the amended terms and

conditions can be obtained through the

Office of the Secretariat by mail at the

above address or by telephone at (202)

254–6314.

The materials submitted by the

CANYCE in support of the proposed

amendments may be available upon

request pursuant to the Freedom of

Information Act (5 U.S.C. 552) and the

Commission’s regulations thereunder

(17 CFR part 145 (1987)). Requests for

copies of such materials should be made

to the FOI, Privacy and Sunshine Act

Compliance Staff of the Office of the

Secretariat at the Commission’s

headquarters in accordance with 17 CFR

145.7 and 145.8.

Any person interested in submitting

written data, views or arguments on the

proposed amendments should send

such comments to Jean A. Webb,

Secretary, Commodity Futures Trading

Commission, 2033 K Street NW.,

Washington, DC 20581 by the specified

date.

Issued in Washington, DC on March 17,

1995.

Blake Imel,

Acting Director.

[FR Doc. 95–7262 Filed 3–23–95; 8:45 am]

BILLING CODE 6351–01–P

Applications of the Chicago Board of

Trade as a Contract Market in Futures

and Options on 30-Year/2-Year, 30-

Year/5-Year, 30-Year/10-Year, 10-Year/

2-Year, 10-Year/5-Year, and 5-Year/2-

Year U.S. Treasury Yield Curve

Spreads

AGENCY: Commodity Futures Trading

Commission.

ACTION: Notice of availability of the

terms and conditions of proposed

commodity futures and option

contracts.

SUMMARY: The Chicago Board of Trade

(CBT or Exchange) has applied for

designation as a contract market in six

Treasury yield curve spread futures and

futures option contracts. The contracts

will be based on the following yield

curve spreads: 30-Year/2-Year, 30-Year/

5-Year, 30-Year/10-Year, 10-Year/2-

Year, 10-Year/5-Year, and 5-Year/2-

Year. The Director of the Division of

Economic Analysis (Division) of the

Commission, acting pursuant to the

authority delegated by Commission

Regulation 140.96, has determined that

publication of the proposals for

comment is in the public interest, will

assist the Commission in considering

the views of interested persons, and is

consistent with the purposes of the

Commodity Exchange Act.

DATES: Comments must be received on

or before April 24, 1995.

ADDRESSES: Interested persons should

submit their views and comments to

Jean A. Webb, Secretary, Commodity

Futures Trading Commission, 2033 K

Street NW, Washington, DC 20581.

Reference should be made to the CBT

Treasury yield curve spread contracts.

FOR FURTHER INFORMATION CONTACT:

Please contact Stephen Sherrod of the

Division of Economic Analysis,

Commodity Futures Trading

Commission, 2033 K Street NW,

Washington, DC 20581, telephone 202-

254-7303.

SUPPLEMENTARY INFORMATION: Copies of

the terms and conditions will be

available for inspection at the Office of

the Secretariat, Commodity Futures

Trading Commission, 2033 K street,

N.W., Washington, D.C. 20581. Copies

of the terms and conditions can be

obtained through the Office of the

Secretariat by mail at the above address

or by phone at (202) 254-6314.

Other materials submitted by the CBT

in support of the applications for

contract market designation may be

available upon request pursuant to the

Freedom of Information Act (5 U.S.C.

552) and the Commission’s regulations

thereunder (17 C.F.R. part 145 (1987)),

except to the extent they are entitled to

confidential treatment as set forth in 17

C.F.R. 145.5 and 145.9. Requests for

copies of such materials should be made

to the FOI, Privacy and Sunshine Act

Compliance Staff of the Office of the

Secretariat at the Commission’s

headquarters in accordance with 17

C.F.R. 145.7 and 145.8.

Any person interested in submitting

written data, views, or arguments on the

proposed terms and conditions, or with

respect to other materials submitted by

the CBT, should send such comments to

Jean A. Webb, Secretary, Commodity

Futures Trading Commission, 2033 K

Street, NW, Washington, DC 20581 by

the specified date.