[Code of Federal Regulations]

[Title 48, Volume 5]

[Revised as of October 1, 2006]

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

[CITE: 48CFR750.7106-1]



[Page 52-53]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

             CHAPTER 7--AGENCY FOR INTERNATIONAL DEVELOPMENT

 

PART 750_EXTRAORDINARY CONTRACTUAL ACTIONS--Table of Contents

 

  Subpart 750.71_Extraordinary Contractual Actions To Protect Foreign 

                  Policy Interests of the United States

 

Sec. 750.7106-1  General.



    The mere fact that losses occur under a Government contract is not, 

by itself, a sufficient basis for the exercise of the authority 

conferred by the Executive Order. Whether, in a particular case, 

appropriate action such as amendment without consideration, correction 

of a mistake or ambiguity in a contract, or formalization of an informal 

commitment, will protect the foreign policy interests of the United 

States is a matter of sound judgment to be made on the basis of all of 

the



[[Page 53]]



facts of such case. Although it is obviously impossible to predict or 

enumerate all the types of cases with respect to which action may be 

appropriate, examples of certain cases or types of cases where action 

may be proper are set forth in sections 750.7106-2 through 750.7106-4. 

Even if all of the factors contained in any of the examples are present, 

other factors or considerations in a particular case may warrant denial 

of the request. These examples are not intended to exclude other cases 

where the approving authority determines that the circumstances warrant 

action.