Other Collection Processes Sample Clauses
Other Collection Processes. When the Federal Government uses methods or procedures other than those described in 31 U.S.C. § 3701, et seq., to recover money(ies) the Recipient owes the Federal Government, the Recipient agrees that common law interest will be due as authorized by Joint U.S. Treasury and U.S. DOJ regulations, “Standards for the Administrative Collection of Claims,” 31 C.F.R. § 901.9(i), but interest for premature withdrawals of federal assistance by states or state instrumentalities will be calculated as required under Section 5(b) of the Cash Management Improvement Act of 1990, as amended, 31 U.S.C. § 6503(b), and U.S. Treasury regulations, “Rules and Procedures for Efficient Federal-State Funds Transfers,” 31 CFR Part 205.
Other Collection Processes. When the Federal Government uses methods or procedures other than those described in 31 U.S.C. § 3701 et seq. to recover moneys the Recipient owes the Federal Government, the Recipient agrees that: 1 General Requirement. Common law interest will be due as authorized by U.S. DOJ regulations, “Standards for the Administrative Collection of Claims,” 31 C.F.R. § 901.9(i), but 2 Exception. Interest for premature withdrawals of Federal funds by States or State instrumentalities will be calculated as required under:
Other Collection Processes. When the Federal Government uses methods or procedures other than those described in 31 U.S.C. § 3701 et seq. to recover moneys the Recipient owes the Federal Government, the Recipient agrees that: 1 General Requirement. Common law interest will be due as authorized by U.S. DOJ regulations, “Standards for the Administrative Collection of Claims,” 31 C.F.R. § 901.9(i), but 2 Exception. Interest for premature withdrawals of Federal funds by States or State instrumentalities will be calculated as required under: b U.S. Department of the Treasury regulations, “Rules and Procedures for Efficient Federal-State Funds Transfers,” 31 C.F.R. part 205, and