Commodity transactions: Maximum prices and preshipment inspection requirements; withdrawn,

[Federal Register: September 17, 1998 (Volume 63, Number 180)]

[Proposed Rules]

[Page 49682]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[DOCID:fr17se98-17]

INTERNATIONAL DEVELOPMENT COOPERATION AGENCY

Agency for International Development

22 CFR Part 201

[USAID Regulation 1]

RIN 0412-AA-34

Rules and Procedures Applicable to Commodity Transactions Financed by USAID: Inspection and Price Provisions

AGENCY: U.S. Agency for International Development, IDCA.

ACTION: Proposed rule withdrawn.

SUMMARY: The U.S. Agency for International Development (USAID) published a proposed rule in the Federal Register on August 8, 1997 (62 FR 42712). The proposed rule explained that USAID planned to change the procedure used to assure that prices paid to suppliers for transactions financed under Commodity Import Programs (CIPs) are fair and reasonable by implementing a pre-shipment review process managed from USAID/ Washington. USAID has instead decided that its Mission in Egypt will manage all aspects of the CIP since the only remaining program is in Egypt. The Mission in Egypt does not plan to implement a pre-shipment review program; therefore, the proposed rule is being withdrawn.

FOR FURTHER INFORMATION CONTACT: Kathleen J. O'Hara, (202) 712-0610.

Dated: September 4, 1998. Marcus L. Stevenson, Procurement Executive.

[FR Doc. 98-24879Filed9-16-98; 8:45 am]

BILLING CODE 6116-71-M