Common use of Federal Regulatory Compliance Clause in Contracts

Federal Regulatory Compliance. a. In accordance with the federal regulatory requirement at 7 CFR § 251.2(d), the AGENCY agrees that – because it is allowed to further distribute PROGRAM COMMODITY to other eligible recipient agencies– the specific terms and conditions for doing so, including, if applicable, a list of specific organizations or types of organizations eligible to receive PROGRAM COMMODITY and/or PROGRAM funds, shall be identified either in the agreement with that eligible recipient agency or other written documents incorporated by reference into that agreement. b. In accordance with the federal regulatory provision at 7 CFR § 251.2(d)(1)(i), the AGENCY agrees that the AGENCY and any storage facility used for the handling, distribution or storage of PROGRAM COMMODITY will operate in accordance with the regulations at 7 CFR Part 250 and, as applicable, 7 CFR Part 251. c. In accordance with the federal regulatory provision at 7 CFR § 250.16 (a) the AGENCY agrees that it is responsible to PDA for any improper distribution or use of PROGRAM COMMODITY or for any loss of (or damage to) PROGRAM COMMODITY caused by its fault or negligence.