[Code of Federal Regulations]
[Title 41, Volume 3]
[Revised as of July 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 41CFR105-55.019]

[Page 413]
 
           TITLE 41--PUBLIC CONTRACTS AND PROPERTY MANAGEMENT
 
              CHAPTER 105--GENERAL SERVICES ADMINISTRATION
 
PART 105-55_COLLECTION OF CLAIMS OWED THE UNITED STATES--Table of Contents
 
Sec. 105-55.019  Compromise of claims.

    (a) The standards set forth in this section apply to the compromise 
of debts pursuant to 31 U.S.C. 3711. The General Services Administration 
(GSA) may exercise such compromise authority for debts arising out of 
activities of, or referred or transferred for collection services to, 
the Agency when the amount of the debt then due, exclusive of interest, 
penalties, and administrative costs, does not exceed $100,000 or any 
higher amount authorized by the Attorney General. The Administrator may 
designate other GSA officials to exercise the authorities in this 
section.
    (b) Unless otherwise provided by law, when the principal balance of 
a debt, exclusive of interest, penalties, and administrative costs, 
exceeds $100,000 or any higher amount authorized by the Attorney 
General, the authority to accept the compromise rests with the 
Department of Justice. GSA will evaluate the compromise offer, using the 
factors set forth in Sec. 105-55.020. If an offer to compromise any 
debt in excess of $100,000 is acceptable to the Agency, GSA will refer 
the debt to the Civil Division or other appropriate litigating division 
in the Department of Justice using a Claims Collection Litigation 
Report. The referral will include appropriate financial information and 
a recommendation for the acceptance of the compromise offer. Justice 
Department approval is not required if GSA rejects a compromise offer.