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Code of Federal Regulations Title 22. Foreign Relations § 22.201.85 Legal effect of USAID approvals and decisions

Current as of January 02, 2025 | Updated by Findlaw Staff

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.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 22. Foreign Relations § 22.201.85 Legal effect of USAID approvals and decisions - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-22-foreign-relations/cfr-sect-22-201-85/

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