Late Disbursement Interest
The Department of the Interior protects and provides access to the Nation's natural and cultural heritage, including responsibilities to Indian tribes and island communities. Departmental goals include resource protection and usage, overseeing recreational opportunities, serving communities and excellence in management.
U. S. Department of the Interior, Office of Natural Resources Revenue, Financial Management, Denver Federal Center, Building 85, MS 61211B, P.O.
Box 25165, Denver, CO 80225-0165.
Program Accomplishments
Not Applicable.
Uses and Use Restrictions
No specific restrictions on use.
Eligibility Requirements
Applicant Eligibility
Late disbursements will trigger automatic payment distribution computed in accordance with the Law.
Beneficiary Eligibility
ONRR pays late disbursement interest on subject payments made to States after the due date.
Credentials/Documentation
No Credentials or documentation are required. This program is excluded from coverage under OMB Circular No. A-87.
Aplication and Award Process
Preapplication Coordination
Preapplication coordination is not applicable.
Environmental impact information is not required for this program.
This program is excluded from coverage under E.O.
12372.
Application Procedures
OMB Circular No. A-102 applies to this program. This program is excluded from coverage under OMB Circular No. A-110. No application is necessary.
Award Procedures
The distributions are automatic and are computed based on receipts.
Deadlines
Contact the headquarters or regional office, as appropriate, for application deadlines.
Authorization
Minerals, Lands and Mining, Public Law 108-447, 30 U.S.C 1721.
Range of Approval/Disapproval Time
Not Applicable.
Appeals
Not Applicable.
Renewals
Not Applicable.
Assistance Considerations
Formula and Matching Requirements
Statutory formulas are not applicable to this program.
Matching requirements are not applicable to this program.
MOE requirements are not applicable to this program.
Length and Time Phasing of Assistance
Not applicable. See the following for information on how assistance is awarded/released: Information not available.
Post Assistance Requirements
Reports
Not Applicable.
Audits
In accordance with the provisions of OMB Circular No. A-133 (Revised, June 27, 2003), "Audits of States, Local Governments, and Non-Profit Organizations," nonfederal entities that expend financial assistance of $500,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Nonfederal entities that expend less than $500,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in Circular No. A-133.
Records
Not applicable.
Financial Information
Account Identification
14-5003-0-0-000 - 14X5003.
Obigations
(Direct Payments with Unrestricted Use) FY 10 $102,892; FY 11 $100,900; FY 12 $95,286
Range and Average of Financial Assistance
Not applicable.
Regulations, Guidelines, and Literature
Not Applicable.
Information Contacts
Regional or Local Office
See Regional Agency Offices. U.S. Department of the Interior, Office of Natural Resources Revenue, Financial Management, Denver Federal Center, Building 85, MS 61211B, P.O. Box 25165, Denver, CO 80225-0165.
Headquarters Office
Director U.S. Department of the Interior, Office of Natural Resources Revenue, 1849 C Street, NW, Mail Stop 60000B, Washington, District of Columbia 20240 Phone: (202) 254-5573
Criteria for Selecting Proposals
Not Applicable.
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