22 CFR 1506.31: May USADF reduce or negotiate a claim amount?
Where this section sits in the code
- Title 22—Foreign Relations
- CHAPTER XV—AFRICAN DEVELOPMENT FOUNDATION
- PART 1506—COLLECTION OF CLAIMS
- 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