Late Disbursement Interest

 

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

General information about this opportunity
Last Known Status
Active
Program Number
15.436
Federal Agency/Office
Office of The Secretary, Department of The Interior
Type(s) of Assistance Offered
D - Direct Payments With Unrestricted Use
Program Accomplishments
Not applicable.
Authorization
Minerals, Lands and Mining, Public Law 108-447, 30 U.S.C 1721 (b). 30 USC 355
Who is eligible to apply/benefit from this assistance?
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
Not applicable.
What is the process for applying and being award this assistance?
Pre-Application Procedure
Preapplication coordination is not applicable.
Application Procedure
2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. No application is necessary.
Award Procedure
The distributions are automatic and are computed based on receipts.
Deadlines
Not applicable.
Approval/Disapproval Decision Time
Not applicable.
Appeals
Not applicable.
Renewals
Not applicable.
How are proposals selected?
Not applicable.
How may assistance be used?
No specific restrictions on use.
What are the requirements after being awarded this opportunity?
Reporting
Not applicable.
Auditing
Not applicable.
Records
Not applicable.
Other Assistance Considerations
Formula and Matching Requirements
Statutory formula is not applicable to this assistance listing.

Matching requirements are not applicable to this assistance listing.

MOE requirements are not applicable to this assistance listing.
Length and Time Phasing of Assistance
Not applicable. Information not available.
Who do I contact about this opportunity?
Regional or Local Office
U.S. Department of the Interior, Office of Natural Resources Revenue, Financial Management, Denver Federal Center, MS 63210B, P.O. Box 25165, Denver, CO 80225-0165.
Headquarters Office
Director
Office of Natural Resources Revenue, 1849 C Street, NW, Mail Stop 4211
Washington, DC 20240 US
onrr@onrr.gov
Phone: (202) 513-0600
Website Address
http://www.ONRR.gov
Financial Information
Account Identification
14-5003-0-0-000
Obligations
(Direct Payments with Unrestricted Use) FY 18$100,000.00; FY 19 est $111,000.00; FY 20 Estimate Not Available FY 17$85,000.00; -
Range and Average of Financial Assistance
Not applicable.
Regulations, Guidelines and Literature
Not applicable.
Examples of Funded Projects
Not applicable.

 



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