49 CFR 80.21 – Use of administrative offset
Current as of: 2024 | Check for updates
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The DOT will not apply an administrative offset to recover any losses to the Federal Government resulting from project risk the DOT has assumed under a TIFIA credit instrument. The DOT may, however, use an administrative offset in cases of fraud, misrepresentation, false claims, or similar criminal acts or acts of malfeasance or wrongdoing.
Terms Used In 49 CFR 80.21
- Fraud: Intentional deception resulting in injury to another.