§ 262s. — Multilateral development bank procurement.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC262s]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7--INTERNATIONAL BUREAUS, CONGRESSES, ETC.
Sec. 262s. Multilateral development bank procurement
(a) Executive Directors
The Secretary of the Treasury shall instruct the United States
Executive Director of each multilateral development bank to attach a
high priority to promoting opportunities for exports for goods and
services from the United States and, in carrying out this function, to
investigate thoroughly any complaints from United States bidders about
the awarding of procurement contracts by the multilateral development
banks to ensure that all contract procedures and rules of the banks are
observed and that United States firms are treated fairly.
(b) \1\ Officer of procurement
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\1\ So in original. Two subsecs. (b) have been enacted.
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(1) Establishment
The Secretary of the Treasury shall designate, within the Office
of International Affairs in the Department of the Treasury, an
officer of multilateral development bank procurement.
(2) Function
The officer shall act as the liaison between the Department of
the Treasury, the Department of Commerce, and the United States
Executive Directors' offices in the multilateral development banks,
in carrying out this section. The officer shall cooperate with the
Department of Commerce in efforts to improve opportunities for
multilateral development bank procurement by United States
companies.
(b) \1\ ``Multilateral development bank'' defined
As used in this section, the term ``multilateral development bank''
includes the International Bank for Reconstruction and Development, the
International Development Association, the International Finance
Corporation, the Inter-American Development Bank, the InterAmerican
Investment Corporation, the Asian Development Bank, the African
Development Bank, and the African Development Fund.
(Pub. L. 95-118, title XVIII, Sec. 1801, formerly Pub. L. 100-418, title
III, Sec. 3202, Aug. 23, 1988, 102 Stat. 1382; renumbered Sec. 1801 of
Pub. L. 95-118, Pub. L. 101-240, title V, Sec. 541(b)(1), Dec. 19, 1989,
103 Stat. 2517.)
Codification
Section was formerly classified to section 262q of this title prior
to renumbering by Pub. L. 101-240.
Short Title
Section 3201 of Pub. L. 100-418 provided that: ``This subtitle
[subtitle C (Secs. 3201, 3202) of title III of Pub. L. 100-418, enacting
former section 262q of this title] may be cited as the `Multilateral
Development Banks Procurement Act of 1988'.''
Definitions
The definitions in section 262r of this title apply to this section.
