Purchase authorizations.

CFR · 2024-01-01 · US · Title 7

(a) (b) (1) The commodity to be purchased and specifications, approximate quantity and maximum dollar amount authorized; (2) Contracting requirements; (3) The contracting period, during which suppliers and importers must enter into contracts; and the delivery period, during which the commodity must be delivered; (4) The terms of delivery to the importer; (5) Documentation required for CCC financing in addition to or in lieu of the documentation specified in § 17.9; (6) Provisions relating to payment to CCC, if applicable; (7) The address of the FSA office administering the financing operation on behalf of CCC; (8) The method of financing provided under the Agricultural Commodities Agreement; (9) Any provisions relating to financing by CCC in addition to or in lieu of those specified in this part; (10) Authorization to procure ocean transportation, and provisions relating to the financing of ocean freight or ocean freight differential, as applicable; (11) Any other provisions considered necessary by the General Sales Manager. (c) (d) (e) (f) (2) Purchase authorizations may permit cotton textiles processed beyond the stage described in paragraph (f)(1) of this section to be purchased, but the maximum financing by CCC is limited to the equivalent value of the cotton yarns and fabrics described in paragraph (f)(1) of this section, contained in the textiles, plus eligible ocean transportation costs. (3) Financing is available only for textiles manufactured entirely of U.S. cotton

official document · source cfr-2024 · id 7:§ 17.3