Rule2022-14127
Streamlining Electric Program Procedures; Correction
Primary source
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Published
July 1, 2022
Effective
July 1, 2022
Issuing agencies
Agriculture DepartmentRural Utilities Service
Abstract
On July 9, 2021, the Rural Utilities Service (RUS or Agency), a Rural Development agency of the United States Department of Agriculture (USDA), published a final rule that revised several regulations to streamline its procedures for Electric Program borrowers, including its loan application requirements, approval of construction work plans, contract bidding procedures, contact approval procedures, system operation and maintenance reviews, long-range engineering plans and system design procedures. Following implementation of the final rule, RUS found that a correction due to a deletion is necessary. This technical correction makes an amendment to add information back to the regulation that was inadvertently deleted.
Full Text
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<title>Federal Register, Volume 87 Issue 126 (Friday, July 1, 2022)</title>
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[Federal Register Volume 87, Number 126 (Friday, July 1, 2022)]
[Rules and Regulations]
[Page 39329]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-14127]
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Rules and Regulations
Federal Register
________________________________________________________________________
This section of the FEDERAL REGISTER contains regulatory documents
having general applicability and legal effect, most of which are keyed
to and codified in the Code of Federal Regulations, which is published
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Federal Register / Vol. 87, No. 126 / Friday, July 1, 2022 / Rules
and Regulations
[[Page 39329]]
DEPARTMENT OF AGRICULTURE
Rural Utilities Service
7 CFR Part 1714
[RUS-21-ELECTRIC-0003]
RIN 0572-AC53
Streamlining Electric Program Procedures; Correction
AGENCY: Rural Utilities Service, U.S. Department of Agriculture (USDA).
ACTION: Correcting amendments.
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SUMMARY: On July 9, 2021, the Rural Utilities Service (RUS or Agency),
a Rural Development agency of the United States Department of
Agriculture (USDA), published a final rule that revised several
regulations to streamline its procedures for Electric Program
borrowers, including its loan application requirements, approval of
construction work plans, contract bidding procedures, contact approval
procedures, system operation and maintenance reviews, long-range
engineering plans and system design procedures. Following
implementation of the final rule, RUS found that a correction due to a
deletion is necessary. This technical correction makes an amendment to
add information back to the regulation that was inadvertently deleted.
DATES: Effective July 1, 2022.
FOR FURTHER INFORMATION CONTACT: Robert Coates, Chief, Policy and
Outreach Branch, Office of Customer Service and Technical Assistance,
Rural Utilities Service, U.S. Department of Agriculture, STOP 1569,
1400 Independence Ave. SW, Washington, DC 20250-0787, telephone: (202)
720-1900. Email: <a href="/cdn-cgi/l/email-protection#ebb9beb8ae878e889f998288ab9e988f8ac58c849d"><span class="__cf_email__" data-cfemail="40121513052c25233432292300353324216e272f36">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: The Agency is issuing a technical correction
to its regulations in 7 CFR part 1714, which were amended by a final
rule that published in the Federal Register on July 9, 2021 (86 FR
36193).
List of Subjects in 7 CFR Part 1714
Electric power, Loan programs-energy, Rural areas.
Accordingly, 7 CFR part 1714 is corrected by making the following
correcting amendments:
PART 1714--PRE-LOAN POLICIES AND PROCEDURES FOR INSURED ELECTRIC
LOANS
0
1. The authority citation for part 1714 continues to read as follows:
Authority: 7 U.S.C. 901 et seq.; 1921 et seq.; and 6941 et seq.
0
2. In Sec. 1714.56, add paragraphs (b)(1) through (3) to read as
follows:
Sec. 1714.56 Fund advance period.
* * * * *
(b) * * *
(1) To apply for an extension, the borrower must make a request to
RUS prior to the last date for advance as noted in the borrower's loan
documents and provide, the following:
(i) A certified copy of a board resolution requesting an extension
of the Government's obligation to advance loan funds;
(ii) Evidence that the unadvanced loan funds continue to be needed
for approved loan purposes; and
(iii) Notice of the estimated date for completion of construction.
(2) If the Administrator approves a request for an extension, RUS
will notify the borrower in writing of the extension and the terms and
conditions thereof. An extension will be effective only if it is
requested in writing prior to the last date for advance as provided in
the borrower's loan documents.
(3) Any request received after the last date for advance shall be
rejected.
* * * * *
Christopher A. McLean,
Acting Administrator, Rural Utilities Service.
[FR Doc. 2022-14127 Filed 6-30-22; 8:45 am]
BILLING CODE 3410-15-P
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