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11.301 ECONOMIC DEVELOPMENT - LOANS FOR BUSINESSES AND DEVELOPMENT COMPANIES

FEDERAL AGENCY: ECONOMIC DEVELOPMENT ADMINIS

TRATION, DEPARTMENT OF COMMERCE

AUTHORIZATION: 42 U.S.C. 3142, 3161, 3171. Public Works and Economic Development Act of 1965; Public Law 89-136, as amended by Public Law 90-103, Public Law 91-123 and Public Law 91-304. OBJECTIVES: To encourage private investment by providing low interest, long term loans to help businesses expand or establish plants in redevelopment areas for projects that cannot be financed through banks or other private lending institutions. TYPES OF ASSISTANCE: Direct Loans: Guaranteed/Insured Loans. USES AND USE RESTRICTIONS: Business development loans up to 65 percent of the cost of fixed assets may be used for the acquisition of fixed assets only (i.e., land, building, machinery, and equipment, including land preparation and building rehabilitation). Funds may be used for most kinds of new industrial or commercial facilities or to expand one already in existence.

In some special cases the Government can provide Federal guarantees of up to 90 percent of the unpaid balance of working capital loans obtained from private lenders. Working capital loans guaranteed by EDA may not be used for the acquisition of fixed assets. Loans can be guaranteed only for borrowers in the direct loan program.

ELIGIBILITY REQUIREMENTS:

Applicant Eligibility: Any individual, private or public corporation, or Indian tribe, provided that the project to be funded is physically situated in an area designated as eligible under the Act at the time the application is filed.

Neither business development loans nor working capital guarantees will be extended to applicants who: (1) have, within the previous 3 years, relocated any or all of their facilities to another city, county, or state; (2) contemplate relocating part or all of their existing facilities with a resultant loss of employment at such facilities; and (3) produce a product or service for which there is a sustained and prolonged excess of supply over demand. No financial assistance will be rendered to projects primarily engaged in the dissemination of news (e.g., newspapers, magazines, radio and television broadcasting), or in an activity violative of local or State law.

Beneficiary Eligibility: If an application is filed by a local industrial development corporation to establish a facility to be leased to a user (or beneficiary), the same criteria apply. Credentials/Documentation: Applicants and beneficiaries must provide financial, engineering, and feasibility documentation supporting the viability of the project. Projects in which the federal participation will exceed $1,000,000 must be supported by an independent feasibility study conducted by consultant acceptable to EDA. Tourism projects and projects involving new, untried technology will also require an independent feasibility study.

APPLICATION AND AWARD PROCESS:

Preapplication Coordination: Applicant should contact the regional

office serving the State in which the project is to be located, and an economic development representative will be assigned to the project. With his concurrence, a preapplication conference will be scheduled with the professional staff of the regional office. Application Procedure: At the preapplication conference, applicants

will be provided with all necessary forms and detailed information relating to supporting documentation.

Award Procedure: Loan and working capital loan guarantee applications from individuals, private or public corporations, or Indian tribes, in eligible areas are approved by the Assistant Secretary for Economic Development, Department of Commerce. Deadlines: None.

Range of Approval/Disapproval Time: 90 to 120 calendar days after receipt of application and complete supporting documentation is in good order.

Appeals: None. An applicant whose project has been denied may, however, reinstate his application if the defects leading to a denial have been remedied. Renewals: Not applicable.

ASSISTANCE CONSIDERATIONS:

Formula and Matching Requirements: The Federal participation in a project may not exceed 65 percent of project fixed asset costs. A local development corporation or State agency usually participates to the extent of 5 percent. Of the remaining 30 percent, 10 percent must be in the form of applicant's equity and the balance from a conventional commercial lender. Applicants are encouraged to increase their equity participation beyond the minimum. Length and Time Phasing of Assistance: Loans, 25 years, maximum; working capital guarantees, life of bank loan. EDA loan funds will only be disbursed after all other funds have been injected into the project.

POST ASSISTANCE REQUIREMENTS:

Reports: Periodic financial and employment reports will be required. Initially, these may be quarterly, and, as the business becomes established, at longer intervals.

Audits: An annual audit by a certified public accountant will be required not more than 90 days after the close of the applicant's fiscal year.

Records: Not applicable except as required above. FINANCIAL INFORMATION:

Account Identification: 06-10-2031-0-1-507.

Face Value of Loans: (Direct) FY 70 $49,360,000; FY 71 est $46,000,000; and FY 72 est $45,500,000. (Guarantees) FY 70 $44,424,000; FY 71 est $41,000,000; and FY 72 est $40,950,000 Range and Average of Financial Assistance: No specific minimum o maximum project amount. $126,000 to $6,095,000; $1,153,000 PROGRAM ACCOMPLISHMENTS: In fiscal year 1970, 43 projects

were approved at a value of $49,993,000. Estimate for 1971 is 40 projects valued at $50,000,000.

REGULATIONS, GUIDELINES, AND LITERATURE: “EDA Busines Development Loans - Who can Borrow - How to Apply." INFORMATION CONTACTS:

Regional or Local Office: Refer to the appendix of the catalog fo EDA regional office addresses.

Headquarters Office: Office of Business Development, Economi Development Administration, U.S. Department of Commerce Washington, D.C. 20230. Telephone: (202) 967-5067.

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11.302 ECONOMIC DEVELOPMENT - PLANNING ASSISTANCE (Development District Program; Redevelopment Area Program)

FEDERAL AGENCY: ECONOMIC DEVELOPMENT ADMINIS-
TRATION, DEPARTMENT OF COMMERCE
AUTHORIZATION: 42 U.S.C. 3151(b), 3152; Public Works and
Economic Development Act of 1965; Public Law 89-136, as
amended by Public Law 90-103, Public Law 91-125 and Public
Law 91-304.

OBJECTIVES: To develop multi-county district (and redevelopment area) planning capability and thereby assure effective utilization of resources in creating full-time permanent jobs for the unemployed and the underemployed.

TYPES OF ASSISTANCE: Project Grants.

USES AND USE RESTRICTIONS: Grants are used for planning, staff salaries, and other administrative expenses of the economic development organization.

ELIGIBILITY REQUIREMENTS:

Applicant Eligibility: (a) Areas designated as "redevelopment areas" or determined by the Secretary of Commerce to have "substantial need” for planning assistance. (b) Groups of adjoining counties, labor market areas, and/or Indian reservations which include at least two areas designated as "redevelopment areas" by the Secretary of Commerce, and 1 or more centers of growth not over 250,000 population.

Beneficiary Eligibility: Same as applicant eligibility.

Credentials/Documentation: Evidence that development organization is broadly representative of social economic and political groups in

area.

APPLICATION AND AWARD PROCESS:

Preapplication Coordination: State and EDA concurrence in organization and boundary of multi-county district. Intent to file application must be coordinated in accordance with Office of Management and Budget Circular No. A-95.

Application Procedure: Completion of Form ED-301 (application for
Title III Planning and Administrative Grants-in-Aid). The
application is submitted through an Economic Development
Administration representative to the appropriate regional office.
Award Procedure: Grant applications from economic development
organizations in redevelopment areas and economic development
districts as approved by the Assistant Secretary for Economic
Development, Department of Commerce. Notification of grant
approvals are provided to the State Control Information
Reception Agencies on Standard Form 240.
Deadlines: None.

Range of Approval/Disapproval Time: 30 to 95 days.
Appeals: Not applicable.

Renewals: Grants are made for 1 year period and are renewable. ASSISTANCE CONSIDERATIONS:

Formula and Matching Requirements: A minimum of 25 percent must be obtained from non-Federal sources. This may be in the form of cash and “in-kind” contributions. Length and Time Phasing of Assistance: 1 year. POST ASSISTANCE REQUIREMENTS:

Reports: Quarterly financial reports; periodic progress reports; "Designation status - conferring eligibility for EDA public works grants and loans and business loans and loan guarantees - - -is dependent on completion and annual up-dating of an Overall Economic Development Program (OEDP) satisfactory to the State(s) and to the Secretary of Commerce."

Audits: All records relating to the grant program are subject to audit by EDA and by the Comptroller General of the U.S., or by their designee(s).

Records: Financial records must be maintained until 3 years after the expiration of the grant.

FINANCIAL INFORMATION:

Account Identification: 06-10-2032-0-1-507.

Obligations: (Grants) FY 70 $5,520,000 ($4,606,000 districts and $914,000 areas); FY 71 est $6,195,000 ($5,000,000 districts and $1,195,000 areas); and FY 72 est $6,195,000 ($4,955,000 districts and $1,240,000 areas).

Range and Average of Financial Assistance: $20,000 to $75,000; $43,000.

PROGRAM ACCOMPLISHMENTS: In fiscal year 1970, 128 grants (102 district grants and 26 area grants) were awarded. In fiscal year 1971, 145 grants (115 district grants and 30 area grants) will be awarded.

REGULATIONS, GUIDELINES, AND LITERATURE: EDA Economic Development Districts: A Job Creating Program; EDA Planning Grants for Economic Development; The Economic Development District Program; and Qualified Area: Criteria and Data. INFORMATION CONTACTS:

Regional or Local Office: Refer to the appendix of the catalog for EDA regional office addresses.

Headquarters Office: Director, Office of Development Organizations, Economic Development Administration, U.S. Department of Commerce, Washington, D.C. 20230. Telephone: (202) 343-8715. RELATED PROGRAMS: 11.303, Economic Development - Technical Assistance; 22.001, Intergovernmental Relations Advisory Service; 23.009, Appalachian Local Development District Assistance.

11.303 ECONOMIC DEVELOPMENT - TECHNICAL ASSISTANCE

FEDERAL AGENCY: ECONOMIC DEVELOPMENT ADMINIS-
TRATION, DEPARTMENT OF COMMERCE
AUTHORIZATION: 42 U.S.C. 3151(a), 3152, Public Works and
Economic Development Act of 1965; Public Law 89-136, as
amended by Public Law 90-103, Public Law 91-123 and Public
Law 91-304.

OBJECTIVES: To solve problems of economic growth in EDA-designated geographic areas and other areas of substantial need through feasibility studies, management and operational assistance, and other studies.

TYPES OF ASSISTANCE: Project Grants (and contracts); Dissemination of Technical Information.

USES AND USE RESTRICTIONS: Technical assistance is used to provide information, data, and know-how in evaluating and/or shaping specific projects and programs related to economic development. It is used in economically depressed areas of the country and in similar sections of urban areas. Technical assistance may be in the form of services provided by contract, or direct grants.

ELIGIBILITY REQUIREMENTS:

Applicant Eligibility: While there are no specific applicant eligibility requirements most technical assistance applicants are private nonprofit groups or municipal or county governments or entities thereof, located in economically depressed areas of the country. Infrequently, technical assistance is given to small private business firms; however, this technical assistance must be repaid to the Government.

Beneficiary Eligibility: Same as applicant eligibility. Credentials/Documentation: No rigid requirement. However, corporation charters are usually requested.

APPLICATION AND AWARD PROCESS:

Preapplication Coordination: Applicant should coordinate with EDA regional office serving his State. Intent to file application must be coordinated in accordance with Office of Management and Budget Circular No. A-95.

Application Procedure: Submit application to EDA regional office on form ED-302; if grant, also use supplemental form ED-300. Award Procedure: Grants and contracts to provide information, data,

and know-how in evaluating and/or shaping projects and programs related to economic development are approved by the Assistant Secretary for Economic Development, Department of Commerce. Notification of grant approvals are provided to the State Central Information Reception Agencies on Standard Form 240. Range of Approval/Disapproval Time: 1 month to 3 months, but may be longer, depending upon condition of application. Appeals: None.

Renewals: Technical assistance may be renewed. However, the limit is normally 3 years.

ASSISTANCE CONSIDERATIONS:

Formula and Matching Requirements: Technical assistance must be related to near-term job and income creation. For grants, contribution by grantee of 25 percent or more of total cost in cash or in kind is required.

Length and Time Phasing of Assistance: Varies, but usually period of 1 year or less. No time phasing.

POST ASSISTANCE REQUIREMENTS:

Reports: Quarterly reports, sometimes more frequently, are required. Audits: Audits are performed on a sampling basis; unusually large or complicated project grants are audited routinely.

Records: Financial records are required to be kept for a period of 3 years following completion of grant.

FINANCIAL INFORMATION:

Account Identification: 06-10-2032-0-1-507.

Obligations: (Grants and contracts) FY 70 $12,398,000 ($9,919,000 grants and $2,479,000 contracts); FY 71 est $12,410,000 ($9,890,000 grants and $2,520,000 contracts); and FY 72 est $12,760,000 ($11,760,000 grants and $1,000,000 contracts). Range and Average of Financial Assistance: $500 to $495,000. Technical assistance services, such as feasibility studies, average $25,000. Technical assistance project grants average around $80,000 to $100,000 per year.

PROGRAM ACCOMPLISHMENTS: In fiscal year 1970, 292 projects (grants and contracts) were initiated. REGULATIONS, GUIDELINES, AND LITERATURE: Leaflet entitled "EDA Technical Assistance, What It Is, How to Apply." INFORMATION CONTACTS:

Regional or Local Office: Refer to the appendix of the catalog for EDA regional office addresses.

Headquarters Office: Initial contact should be at the regional office level except for projects which are national in scope. In which case, initial contact should be with headquarters office Director, Office of Technical Assistance, Economic Development Administration, U.S. Department of Commerce, Washington, D.C. 20230. Telephone: (202) 967-5111.

RELATED PROGRAMS: 11.302, Economic Development - Planning Assistance; 22.001, Intergovernmental Relations Advisory Service; 23.009, Appalachian Local Development District Assistance.

NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION

11.400 GEODETIC CONTROL SURVEYS

(Geodesy)

FEDERAL AGENCY: NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION, DEPARTMENT OF COMMERCE AUTHORIZATION: Public Law 83-373; 61 Stat. 787; 33 U.S.C. 883A; Reorganization Plan No. 4, 1970. Office of Management and Budget Circular A-16, Revised, May 6, 1967.

OBJECTIVES: To provide national coordinated networks of horizontal and vertical control monuments at various specified intervals which show scale, orientation, coordinated positions, and elevations for uses such as surveying, boundary delineations and demarcation, mapping, planning, and development.

TYPES OF ASSISTANCE: Provision of Specialized Services; Advisory Services and Counseling.

USES AND USE RESTRICTIONS: Extend Federal networks into areas not previously surveyed to national standards. Cooperative services on a cost/sharing basis in the extension of monumentation is limited to the density defined as the Federal responsibility. However, the potential utilization of the basic data for the monumented networks is unlimited. Also through cooperative arrangements with States or other jurisdictions, coastal boundaries can be delineated, and special urban area surveys can be performed.

ELIGIBILITY REQUIREMENTS:

Applicant Eligibility: Any State, local, municipal, or regional agency or agent thereof may apply for advice, assistance, or cooperative services in projects involving use of public funds to provide greater benefits and a coordinated basis for multidisciplined utilization of the acquired facility.

Beneficiary Eligibility: See applicant eligibility.
Credentials/Documentation: None.

APPLICATION AND AWARD PROCESS:

Preapplication Coordination: None.

Application Procedure: In writing to the headquarters office listed below.

Award Procedure: Not applicable.

Deadlines: None.

Range of Approval/Disapproval Time: 30 to 90 days.

Appeals: Not applicable.

Renewals: Not applicable.

ASSISTANCE CONSIDERATIONS:

Formula and Matching Requirements: Negotiated. Each individual requirement is evaluated on the basis of need, priority, source of funds for state or local contribution to NOAA, and how the provided work contributes to the national networks. Length and Time Phasing of Assistance: Not applicable. POST ASSISTANCE REQUIREMENTS:

Reports: Not applicable.
Audits: Not applicable.
Records: Not applicable.

FINANCIAL INFORMATION:

Account Identification: 06-48-1421-0-1-506; 06-48-1422-0-1-506. Obligations: (Salaries and expenses) FY 70 $6,354,000; FY 71 est $6,360,000; and FY 72 est $6,960,000.

Range and Average of Financial Assistance: Not applicable. PROGRAM ACCOMPLISHMENTS: Established basic horizontal control in 14 states. Most of this work is cooperative with state and local governments, and much of it is in urban areas. Approximately 850 miles of traverse and 1,800 miles of level lines are run each year. Approximately 550 linear miles of shoreline are surveyed each year to determine low-water lines essential to determining seaward boundaries.

REGULATIONS, GUIDELINES, AND LITERATURE: "The Coast and Geodetic Survey, Its Products and Services," $1, available from Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402.

INFORMATION CONTACTS:

Regional or Local Office: Not applicable.

Headquarters Office: Associate Director for Geodesy and Photogrammetry, National Ocean Surveys, National Oceanic and Atmospheric Administration, Rockville, Maryland 20852. Telephone: (301) 496-8600.

RELATED PROGRAMS: 11.003, Census Geography; 11.401, Nautical Charts and Related Data; 11.403, Seismological Investigations; 15.800; Geologic and Mineral Resource Surveys and Mapping; 15.801, Map Information; 15.803, Topographic Surveys and Mapping; 15.804, Water Resources Investigations.

11.401 NAUTICAL CHARTS AND RELATED DATA

FEDERAL AGENCY: NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION, DEPARTMENT OF COMMERCE AUTHORIZATION: Public Law 80-373; 61 Stat. 787; 33 U.S.C. 883A; Reorganization Plan No. 4, 1970.

OBJECTIVES: To provide nautical charts as an aid to safe navigation on coastal waterways and oceans of the United States for commercial and recreational use.

TYPES OF ASSISTANCE: Dissemination of Technical Information. USES AND USE RESTRICTIONS: This program involves nautical charting surveys and the compilation, printing, and distribution of nautical charts for all coastal waters and Great Lakes of the United States and its territories, and in certain fresh water lakes and certain waterways not otherwise provided for by statute. In addition, tides and tidal currents are measured, analyzed, and predicted. Other selected products are also of use to oceanographic, academic, and research groups. ELIGIBILITY REQUIREMENTS:

Applicant Eligibility: States, counties, and municipalities are eligible to apply for assistance.

Beneficiary Eligibility: Same as applicant eligibility. Credentials/Documentation: Not applicable. APPLICATION AND AWARD PROCESS: Preapplication Coordination: Not applicable.

Application Procedure: Purchase of nautical charts and related data

from NOAA and designated agents. Write to headquarters office listed below.

Award Procedure: Not applicable.

Deadlines: Not applicable.

Range of Approval/Disapproval Time: Not applicable. Appeals: Not applicable.

Renewals: Not applicable.

ASSISTANCE CONSIDERATIONS:

Formula and Matching Requirements: Not applicable. Length and Time Phasing of Assistance: Not applicable. POST ASSISTANCE REQUIREMENTS:

Reports: Not applicable. Audits: Not applicable. Records: Not applicable. FINANCIAL INFORMATION:

Account Identification: 06-48-1421-0-1-506; 06-48-1422-0 1 506; 06-40-1401 0 1 506.

Obligations: (Salaries and expenses) FY 70 $12,209,000; FY 71 est $12,471,000; and FY 72 est $14,927,000.

Range and Average of Financial Assistance: Not applicable. PROGRAM ACCOMPLISHMENTS: In fiscal year 1970, 503 nautical charts were produced and and 6,831 square nautical miles were surveyed (hydrographic).

REGULATIONS, GUIDELINES, AND LITERATURE: "The Coast and Geodetic Survey, Its Products and Services," $1.00; available from Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402.

INFORMATION CONTACTS:

Regional or Local Office: None.

Headquarters Office: Associate Director, National Occan Survey,

National Oceanic and Atmospheric Administration, 6001 Executive Boulevard, Rockville, Maryland 20852. Telephone: (703) 656-8189.

RELATED PROGRAMS: 11.400, Geodetic Control Surveys; 11.402, River and Flood Forecasts; 20.001, Boating Safety.

11.402 RIVER AND FLOOD FORECASTS

FEDERAL AGENCY: NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION, DEPARTMENT OF COMMERCE AUTHORIZATION: Act of October 1, 1890; 26 Stat. 653; 15 U.S.C. 313; Reorganization Plan No. 4, 1970.

OBJECTIVES: To provide forecasts of water levels of the Nation's rivers as a direct contribution to public safety and to management and conservation of water resources.

TYPES OF ASSISTANCE: Dissemination of Technical Information. USES AND USE RESTRICTIONS: When floods threaten, this service gives warning to protect life and property. Hydrologic and hydrometeorological data and analyses are provided for State and local governments, communities and commerce and industry concerned with planning management and conservation of water resources. Data is useful to State and local governments, major industries, and the general public. Knowledge of future water levels and streamflow is needed for shipping, hydroelectric power production, crop irrigation, reservoir operation, manufacturing, pollution control, recreation, fish and wildlife management, etc. There are no restrictions on potential users for obtaining the data. ELIGIBILITY REQUIREMENTS:

Applicant Eligibility: Everyone is eligible.

Beneficiary Eligibility: Same as applicant eligibility.
Credentials/Documentation: None.

APPLICATION AND AWARD PROCESS:

Preapplication Coordination: None.

Application Procedure: Verbal or written requests to headquarters office shown below.

Award Procedure: Not applicable.

Deadlines: None.

Range of Approval/Disapproval Time: Not applicable. Appeals: Not applicable.

Renewals: Not applicable.

ASSISTANCE CONSIDERATIONS:

Formula and Matching Requirements: Not applicable. Length and Time Phasing of Assistance: Not applicable. POST ASSISTANCE REQUIREMENTS: Reports: None. Audits: None.

Records: None.

FINANCIAL INFORMATION:

Account Identification: 06-48-1421-0-1-506; 06-48-1422-0-1-506; 06-48-1424 0 1 506.

Obligations: (Salaries and expenses) FY 70 $4,457,800; FY 71 est $5,746,700; and FY 72 est $5,778,500.

Range and Average of Financial Assistance: Not applicable. PROGRAM ACCOMPLISHMENTS: Not applicable. REGULATIONS, GUIDELINES, AND LITERATURE: “The Weather Bureau and Water Management". Annotated Bibliography of NOAA Publications of Hydrometeorological Interest Clearinghouse for Federal Scientific and Technical Information, DOC, Springfield, Virginia 22151.

INFORMATION CONTACTS:

Regional or Local Office: Regional headquarters offices listed in the appendix.

Headquarters Office: Office of Hydrology, National Weather Service, National Oceanic and Atmospheric Administration, 8060 13th Street, Silver Spring, Maryland 20910. Telephone: (301) 495-2265.

RELATED PROGRAMS: 11.401, Nautical Charts and Related Data; 11.404, Weather Forecasts and Warnings; 10.902, Soil and Water Conservation; 12.104, Flood Plain Management Services; 15.804, Water Resources Investigations; 20.001, Boating Safety.

11.403 SEISMOLOGICAL INVESTIGATIONS (Earthquake Hazards Reduction)

FEDERAL AGENCY: NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION, DEPARTMENT OF COMMERCE AUTHORIZATION: Public Law 80-373, 61 Stat. 787; 33 U.S.C.; Reorganization Plan No. 4, 1970.

OBJECTIVES: To provide information on the earthquake and seismic sea wave (tsunami) hazard potential of areas of the United States and assistance in developing building codes, land use plans, and engineering design parameters for constructing buildings, dams, bridges, aqueducts and other engineering structures in areas of high earthquake potential or active fault movement. TYPES OF ASSISTANCE: Advisory Services and Counseling; Dissemination of Technical Information.

USES AND USE RESTRICTIONS: (1) Assist in evaluating earthquake hazard potential in all or parts of States, counties, or cities; (2) provide technical expertise in development of building codes in areas of high earthquake potential; (3) provide technical information essential to the engineering design of large structures to be erected in areas of high earthquake hazard potential or for structures (aqueducts, pipelines, etc.) that will pass through geographic areas of fault movement or subsidence.

ELIGIBILITY REQUIREMENTS:

Applicant Eligibility: State, county, or municipality planning or regulatory bodies, highway or other public works agencies, or any consulting firm engaged for the State, county, city, or municipality. Applicants requesting assistance on other projects (for some commercial applications such as gas and oil pipelines) will also be considered.

Beneficiary Eligibility: Same as applicant eligibility.

Credentials/Documentation: None. APPLICATION AND AWARD PROCESS: Preapplication Coordination: None.

Application Procedure: In writing to the headquarters office listed below requesting the desired service or identifying the type of information needed.

Award Procedure: Not applicable.

Deadlines: None.

Range of Approval/Disapproval Time: 30 to 90 days. Appeals: Not applicable.

Renewals: Not applicable.

ASSISTANCE CONSIDERATIONS:

Formula and Matching Requirements: Not applicable.

Length and Time Phasing of Assistance: Not applicable. POST ASSISTANCE REQUIREMENTS:

Reports: Not applicable. Audits: Not applicable. Records: Not applicable. FINANCIAL INFORMATION:

Account Identification: 06-48-1421-0-1-506; 06-48-1422-1-506;

06-48-1424-0-1-506.

Obligations: (Salaries and expenses) FY 70 $3,244,000; FY 71 est $3,350,000; and FY 72 est $3,719,000.

Range and Average of Financial Assistance: Not applicable. PROGRAM ACCOMPLISHMENTS: Prepared a seismic risk map of the continental U.S. identifying the possibility of damage from earthquakes. Developed a method for estimating the value of possible damage by a single earthquake or a long sequence of

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