49 C.F.R. § 1018.5

Current through September 30, 2024

Section 1018.5 - Monetary limitation on Board authority

The Board's authority to compromise a claim or to terminate or suspend collection action on a claim covered by these procedures is limited by 31 U.S.C. 3711(a) to claims that:

(a) Have not been referred to another Federal agency, including the GAO, for further collection action; and

(b) Do not exceed $100,000, exclusive of interest, penalties, and administrative costs (the monetary limitation).

49 C.F.R. §1018.5