# Facility Guarantee Program
> **Commodity Credit Corporation** · Final rule with request for comments. · Published 2016-09-22 · Effective 2016-09-22 · 81 FR 65510
## Document
- **Document number:** 2016-22367
- **Category:** farm-program
- **Sub-agency:** Commodity Credit Corporation
- **Federal Register citation:** 81 FR 65510
- **CFR reference:** 7 CFR 1493
- **Publication date:** 2016-09-22
- **Effective date:** 2016-09-22
## Abstract

This final rule amends the regulations used to administer the Facility Guarantee Program (FGP). Under the FGP, the Commodity Credit Corporation (CCC) may issue payment guarantees in connection with sales of goods or U.S. services to establish or improve agricultural-related facilities in emerging markets to expand exports of U.S. agricultural commodities or products. This final rule incorporates statutory changes from the Food, Conservation, and Energy Act of 2008 and modifications intended to reduce the burden on participants and improve program efficiency and effectiveness. Certain revisions will ensure the FGP is operated in compliance with the Organisation for Economic Co-operation and Development (OECD) Arrangement on Officially Supported Export Credits. Additionally, this final rule incorporates significant changes previously made to the regulations for the Export Credit Guarantee Program (GSM-102) that are also applicable to the FGP.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2016/09/22/2016-22367/facility-guarantee-program)
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