---
kind: "section"
citation: "12 C.F.R. § 404.24"
title: "12"
number: "404.24"
heading: "Government contracts."
url: "https://uscodex.org/cfr/12/404.24"
---

# §404.24. Government contracts.

- (a) **Approval by Assistant General Counsel for Administration.** Ex-Im Bank shall not contract for the operation of a system of records or for an activity that requires access to a system of records without the express, written approval of the Assistant General Counsel for Administration.
- (b) **Contract clauses.** Any contract authorized under [paragraph (a)](#a) of this section shall contain the standard contract clauses required by the Federal Acquisition Regulation ([48 CFR 24.104](/cfr/48/24.104.md)) to ensure compliance with the requirements imposed by the Privacy Act. The division within Ex-Im Bank that is responsible for technical supervision of the contract shall be responsible for ensuring that the contractor complies with the Privacy Act contract requirements.
- (c) **Contractor status.** Any contractor that operates an Ex-Im Bank system of records or engages in an activity that requires access to an Ex-Im Bank system of records shall be considered an Ex-Im Bank employee for purposes of this subpart. Ex-Im Bank shall supply any such contractor with a copy of the regulations in this subpart upon entering into a contract with Ex-Im Bank.

## Notes

### Amendments

[64 FR 14374, Mar. 25, 1999. Redesignated at 87 FR 41034, July 11, 2022]

### Authority

Authority: 12 U.S.C. 635(a)(1); 5 U.S.C. 552, 5 U.S.C. 552(a), 5 U.S.C. 553. Section 404.7 also issued under E.O. 12600, 52 FR 23781, 3 CFR, 1987 Comp., p. 235. Section 404.21 also issued under 5 U.S.C. 552a note. Subpart C also issued under 5 U.S.C. 301, 12 U.S.C. 635.

### Source

Source: 64 FR 14374, Mar. 25, 1999, unless otherwise noted.

### Amendments

[64 FR 14374, Mar. 25, 1999. Redesignated at 87 FR 41034, July 11, 2022]