[Code of Federal Regulations]

[Title 24, Volume 1]

[Revised as of April 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 24CFR17.73]



[Page 217]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

PART 17_ADMINISTRATIVE CLAIMS--Table of Contents

 

   Subpart C_Procedures for the Collection of Claims by the Government

 

Sec.  17.73  Standards for compromise of claims.



    (a) Compromise offer. An offer to compromise may be accepted: (1) If 

there is real doubt concerning the Department's ability to prove its 

case in court for the full amount claimed; (2) if the cost of collecting 

the claim does not justify the enforced collection of the full amount; 

(3) if in connection with statutory penalties of forfeitures established 

as an aid to enforcement and to compel compliance, the Department's 

enforcement policy will be adequately served by acceptance of the sum to 

be agreed upon, or (4) for other reasons deemed valid by the Assistant 

Secretary for Administration (or other designee) and made a part of the 

claim record.

    (b) Documentary evidence of compromise. No compromise of a claim 

shall be final or binding on the Department unless it is in writing and 

signed by the appropriate officer who has authority to compromise the 

claim pursuant to this subpart.