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§ 295.7 Authority to settle or compromise claims.

44 CFR 295.7

Citation44 CFR 295.7
CorpusDaily eCFR
Displayed edition2026-08-10
Last updated2026-08-10

§ 295.7 Authority to settle or compromise claims.

Notwithstanding any other provision of these regulations, the Director of OCGFC may extend an offer to settle or compromise a claim or any portion of a claim, which if accepted by the Claimant will be binding on the Claimant and on the United States, except that the United States may recover funds improperly paid to a Claimant due to fraud or misrepresentation on the part of the Claimant or the Claimant's representative, a material mistake on our part or the Claimant's failure to cooperate in an audit as required by § 295.35.