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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 4 - Accounts |
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Chapter I - Government Accountability Office |
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Part 103 - STANDARDS FOR THE COMPROMISE OF CLAIMS |
§ 103.8 - Further review of compromise offers.
Latest version.
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If an agency holds a debtor's firm written offer of compromise which is substantial in amount and the agency is uncertain as to whether the offer should be accepted, it may refer the offer, the supporting data, and particulars concerning the claim to the General Accounting Office or to the Department of Justice. The General Accounting Office or the Department of Justice may act upon such an offer or return it to the agency with instructions or advice.