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7 CFR 1485.36

§ 1485.36 Suspension and termination of agreements.

United States · 7 CFR — Agriculture · Status: effective

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7 CFR 1485.36, § 1485.36 Suspension and termination of agreements, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/26417
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(a) An agreement or subaward may be suspended or terminated in accordance with 2 CFR 200.339 or 200.340. FAS may suspend or terminate an agreement if it determines that: (1) One of the bases in 2 CFR 200.339 or 200.340 for termination or suspension by FAS has been satisfied; or (2) The continuation of the assistance provided under the agreement is no longer necessary or desirable. (b) If an agreement is terminated, the Participant: (1) Is responsible for using or returning any CCC-provided funds, interest, or program income that have not been disbursed, as agreed to by FAS; and (2) Must comply with any closeout and post-closeout procedures specified in the agreement and 2 CFR 200.344 and 200.345.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.