Regulations last checked for updates: May 18, 2024

Title 22 - Foreign Relations last revised: May 13, 2024
§ 201.85 - Legal effect of USAID approvals and decisions.

In any transaction subject to this part 201, USAID may reserve certain rights to approve the transaction for USAID-financing. USAID, in reserving any approval rights, acts solely as a financing entity to assure the proper use of United States Government funds. Any decision by USAID to exercise or refrain from exercising these approval rights shall be made as a financier and shall not be construed as making USAID a party to the contract or incurring any liability to the parties jointly or to any of them.

authority: 22 U.S.C. 2381.
source: 55 FR 34232, Aug. 22, 1990, unless otherwise noted.
cite as: 22 CFR 201.85