[Code of Federal Regulations]
[Title 22, Volume 1, Parts 1 to 299]
[Revised as of April 1, 1999]
From the U.S. Government Printing Office via GPO Access
[CITE: 22CFR201.82]

[Page 646]
 
                       TITLE 22--FOREIGN RELATIONS
 
                         CHAPTER II--AGENCY FOR
                        INTERNATIONAL DEVELOPMENT
 
PART 201--RULES AND PROCEDURES APPLICABLE TO COMMODITY TRANSACTIONS FINANCED BY USAID--Table of Contents
 
      Subpart I--Rights and Remedies of USAID, and Waiver Authority
 
Sec. 201.82  Rights of USAID against suppliers.

    Without limiting the responsibility of the borrower/grantee or other 
parties, USAID may require an appropriate refund to it by a supplier 
under any transaction which violates the requirements of this part, 
whenever in USAID's opinion the failure of the supplier to comply with 
the rules and other requirements of this part has contributed to such 
violation. Any refund requested will include interest from the time of 
payment to the supplier. Interest will be charged at the rate 
established by the Secretary of the Treasury in accordance with the 
Internal Revenue Code, 26 U.S.C. 6621(b).