[Federal Register Volume 69, Number 124 (Tuesday, June 29, 2004)]
[Notices]
[Pages 38952-38953]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-14690]


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DEPARTMENT OF THE TREASURY

Fiscal Service


Renegotiation Board Interest Rate; Prompt Payment Interest Rate; 
Contract Disputes Act

AGENCY: Bureau of the Public Debt, Fiscal Service, Treasury.

ACTION: Notice.

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SUMMARY: For the period beginning July 1, 2004 and ending on December 
31, 2004, the prompt payment interest rate is 4.500 per centum per 
annum.

ADDRESSES: Comments or inquiries may be mailed to Mitzie Johnson, 
Acting Team Leader, Borrowings Accounting Team, Division of Accounting 
Operations, Office of Public Debt

[[Page 38953]]

Accounting, Bureau of the Public Debt, Parkersburg, West Virginia 
26106-1328. A copy of this Notice will be available to download from 
http://www.publicdebt.treas.gov.

DATES: This notice announces the applicable interest rate for the July 
1, 2004 to December 31, 2004 period.

FOR FURTHER INFORMATION CONTACT: Stephanie Brown, Director, Division of 
Accounting Operations, Office of Public Debt Accounting, Bureau of the 
Public Debt, Parkersburg, West Virginia 26106-1328, (304) 480-5181; 
Mitzie Johnson, Acting Team Leader, Borrowings Accounting Team, 
Division of Accounting Operations, Office of the Public Debt 
Accounting, Bureau of the Public Debt, Parkersburg, West Virginia 
26106-1328, (304) 480--5166; Edward C. Gronseth, Deputy Chief Counsel, 
Office of the Chief Counsel, Bureau of the Public Debt, (304) 480-
8692); or Latisha R. Brown, Attorney-Adviser, Office of the Chief 
Counsel, Bureau of the Public Debt, (202) 504-3710.

SUPPLEMENTARY INFORMATION: Although the Renegotiation Board is no 
longer in existence, other Federal Agencies are required to use 
interest rates computed under the criteria established by the 
Renegotiation Act of 1971 Sec. 2, Public Law 92-41, 85 Stat. 97. For 
example, the Contracts Disputes Act of 1978 Sec. 12, Public Law 95-563, 
92 Stat. 2389 and, indirectly, the Prompt Payment Act of 1982, 31 
U.S.C. 3902(a), provide for the calculation of interest due on claims 
at a rate established by the Secretary of the Treasury for the 
Renegotiation Board under Public Law 92-41.
    Therefore, notice is given that the Secretary of the Treasury has 
determined that the rate of interest applicable, for the period 
beginning July 1, 2004 and ending on December 31, 2004, is 4.500 per 
centum per annum. This rate is determined pursuant to the above-
mentioned sections for the purpose of said sections.

    Dated: June 24, 2004.
Donald V. Hammond,
Fiscal Assistant Secretary.
[FR Doc. 04-14690 Filed 6-28-04; 8:45 am]
BILLING CODE 4810-39-M