Suspension and termination of agreements.

(a) CCC may suspend or terminate an agreement if it determines that: (1) One of the bases in 2 CFR 200.339 or 200.340 for suspension or termination by CCC has been satisfied; (2) The continuation of the assistance provided under the agreement is no longer necessary or desirable; or (3) Storage facilities are inadequate to prevent spoilage or waste of the donated commodities, or distribution of the donated commodities will result in a substantial disincentive to or interference with domestic production or marketing in the target country. (b) The termination provisions in 2 CFR 200.340 and 200.341 will apply to an agreement. (c) If an agreement is terminated, the recipient: (1) Is responsible for the security and integrity of any undistributed donated commodities and must dispose of such commodities only as agreed to by CCC; (2) Is responsible for any sale proceeds, CCC-provided funds, interest, or program income that have not been disbursed and must use or return them only as agreed to by CCC; and (3) Must comply with any closeout and post-closeout provisions specified in the agreement and 2 CFR 200.344 and 200.345. [81 FR 62605, Sept. 12, 2016, as amended at 84 FR 45060, Aug. 28, 2019; 87 FR 53368, Aug. 31, 2022]