Late Disbursement Interest

ONRR pays late disbursement interest on subject payments made to States after the due date.


Agency - Department of the Interior

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.

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.
Website Address

http://www.ONRR.gov



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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