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Title 22 Part 201 → Subpart I → §201.85

Title 22 → Chapter II → Part 201 → Subpart I → §201.85

Electronic Code of Federal Regulations e-CFR

Title 22 Part 201 → Subpart I → §201.85

e-CFR data is current as of April 2, 2020

Title 22Chapter IIPart 201Subpart I → §201.85


Title 22: Foreign Relations
PART 201—RULES AND PROCEDURES APPLICABLE TO COMMODITY TRANSACTIONS FINANCED BY USAID
Subpart I—Rights and Remedies of USAID, and Waiver Authority


§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.