Code of Federal Regulations · Section

§ 32.610 — 32.610 Compromising Debts

48 C.F.R. § 32.610

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For debts under $100,000, excluding interest, the designated agency official may compromise the debt pursuant to the Federal Claims Collection Standards (31 CFR part 902) and agency regulations. Unless specifically authorized by agency procedures, contracting officers cannot compromise debts.

48 C.F.R. § 32.609 48 C.F.R. § 32.611

Authorizing Statute

Chapter 137 legacy provisions
10 U.S.C. § 3016
Administrative
40 U.S.C. § 121
General authority
41 U.S.C. § 1121
Powers of the Administration in performance of functions
51 U.S.C. § 20113