48 CFR 32.610 - 32.610 Compromising debts.

Regulations last checked for updates: Apr 26, 2024

Title 48 - Federal Acquisition Regulations System last revised: Apr 22, 2024

View all text of Subpart 32.6 [32.600 - 32.611]

32.610 - 32.610 Compromising debts.

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.

authority: 40 U.S.C. 121(c); 10 U.S.C. chapter 4 and 10 U.S.C. chapter 137 legacy provisions (see 10 U.S.C. 3016); and 51 U.S.C. 20113.

source: 48 FR 42328, Sept. 19, 1983, unless otherwise noted.

cite as: 48 CFR 32.610