FAM No. 99-27 (Federal Energy Regulatory Commission Cost Data Requirements for Billing Under the Federal Power Act)
July 8,1999
FINANCIAL ADMINISTRATION MEMORANDUM NO. 99-027 (III.A.)
To: Bureau Assistant Directors, Administration
Chief Executive Officer, National Business Center
Bureau Finance Officers
Finance Officer, Financial Management Services
From: William E. Webber
Focus Leader, Asset and Debt Management
Office of Financial Management
Subject: Federal Energy Regulatory Commission (FERC) Cost Data
Requirements for Billing Under the Federal Power Act
Attached is a copy of background information on the Federal Energy
Regulatory Commission (FERC) and the Federal Power Act. Also attached is
a draft memorandum from the Office of Management and Budget (0MB) to the
Chief Financial Officers of the U.S. Department of Agriculture, the
Department of the Interior, and the Department of Commerce. The memorandum
specifies that hydropower licensing cost data must be provided annually to
FERC, which collects the costs on behalf of the Federal government.
The Energy and Science Division (ESD) and the Office of Federal Financial
Management (OFFM) of 0MB agree that the best way to ensure that the
agencies provide the necessary cost data to FERC is for the Acting Deputy
Director to issue the memorandum to the agencies.
Please contact me on (202) 208-5684 should you have any questions concerning
this subject.
Attachment
