Rule/Notice/NOFO: Notice of Availability and Request for Comments: Proposed Revisions to OMB Circular A-4

Federal Register/Notice:

Type of Requirement: Notice of Availability and Request for Comments

Description: OMB is pursuing continued improvements in the quality of the regulatory analyses prepared by agencies, and pursuant to the Executive Order of April 6, 2023 (Modernizing Regulatory Review) and the Presidential Memorandum of January 20, 2021 (Modernizing Regulatory Review), OMB’s Office of Information and Regulatory Affairs is initiating a process to revise its Circular A-4. Through these revisions, OMB seeks to ensure that analytic guidance reflects new developments in economic and other scientific understanding.

How is it enforced by FTA, DOT, Direct grant requirement, triennial review or other?  OMB’s circular applies to Federal agency rulemaking analysis of cost-benefit analysis.

Is there a cost or time impact to grantees (best estimate):  There is not a direct cost, but if cost-benefit analysis is not done correctly, rules that go into effect could have deleterious implications for transit.

APTA Comment/Letter: Considering whether to submit comments.

APTA Staff Advisor: Linda Ford,

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