85 FR 249 pg. 85673 - Discount Rates for Cost-Effectiveness Analysis of Federal Programs

Type: NOTICEVolume: 85Number: 249Page: 85673
FR document: [FR Doc. 2020-28650 Filed 12-28-20; 8:45 am]
Agency: Management and Budget Office
Official PDF Version:  PDF Version
Page: 85673

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OFFICE OF MANAGEMENT AND BUDGET

Discount Rates for Cost-Effectiveness Analysis of Federal Programs

AGENCY:

Office of Management and Budget

ACTION:

Revisions to Appendix C of OMB Circular A-94

SUMMARY:

The Office of Management and Budget (OMB) revised Circular A-94 in 1992. With this action, OMB has revised the Circular and specified certain discount rates to be updated annually when the interest rate and inflation assumptions used to prepare the Budget of the United States Government were changed. These updated discount rates are found in Appendix C of the revised Circular and are to be used for cost-effectiveness analysis, including lease-purchase analysis, as specified in the revised Circular. These rates do not apply to regulatory analysis.

The revised Circular can be accessed at https://www.whitehouse.gov/wp-content/uploads/2020/12/Appendix-C.pdf.

DATES:

The revised discount rates will be in effect through December 2021.

FOR FURTHER INFORMATION CONTACT:

Rachel Hernández, Office of Economic Policy, Office of Management and Budget, (202) 395-3585.

Gideon Lukens,

Deputy Associate Director for Economic Policy.

[FR Doc. 2020-28650 Filed 12-28-20; 8:45 am]

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