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Federal regulations · Through 2026-08-25 · Newer source version available

22 CFR 1506.31: May USADF reduce or negotiate a claim amount?

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Where this section sits in the code
  1. Title 22—Foreign Relations
  2. CHAPTER XV—AFRICAN DEVELOPMENT FOUNDATION
  3. PART 1506—COLLECTION OF CLAIMS
  4. Subpart D—Compromise of Debts

USADF may compromise claims for money or property where the principal balance of a claim, excluding interest, penalty and administrative costs, does not exceed $100,000. Where the claim exceeds $100,000, the authority to accept the compromise rests solely with DOJ. The CFO may reject an offer of compromise in any amount. Where the claim exceeds $100,000, USADF may refer the claim to DOJ for approval with a recommendation to accept an offer of compromise. The referral will be in the form of a Claims Collection Litigation Report (CCLR) and will outline the basis for USADF's recommendation.

Collected 2026-08-27T02:24:49Z. Source file · JSON

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