Discount Rates for Cost-Effectiveness Analysis of Federal Programs

• Published date: 29 December 2020
• Citation: 85 FR 85673
• Record Number: 2020-28650
• Section: Notices
• Court: Management And Budget Office

Federal Register, Volume 85 Issue 249 (Tuesday, December 29, 2020)

[Federal Register Volume 85, Number 249 (Tuesday, December 29, 2020)]
                [Notices]
                [Page 85673]
                From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
                [FR Doc No: 2020-28650]
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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
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                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 Hern[aacute]ndez, 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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