---
kind: "section"
citation: "22 U.S.C. § 262s"
title: "22"
title_heading: "Foreign Relations and Intercourse"
number: "262s"
heading: "Multilateral development bank procurement"
release: "119-102"
url: "https://uscodex.org/usc/22/262s"
units:
  - "Chapter 7 — International Bureaus, Congresses, Etc."
---

# §262s. Multilateral development bank procurement

- (a) **Executive Directors—** The [Secretary](/usc/22/277d–43.md?p=5) of the Treasury shall instruct the [United States](/usc/22/1395.md?p=a-1) [Executive Director](/usc/22/10601.md?p=5) of each [multilateral development bank](#b) to attach a high priority to promoting opportunities for exports for goods and services from the [United States](/usc/22/1395.md?p=a-1) and, in carrying out this function, to investigate thoroughly any complaints from [United States](/usc/22/1395.md?p=a-1) bidders about the awarding of procurement contracts by the [multilateral development banks](/usc/22/262r.md?p=c-4) to ensure that all contract procedures and rules of the banks are observed and that [United States](/usc/22/1395.md?p=a-1) firms are treated fairly.
- (b) **[^1] Officer of procurement—**
  - (1) **Establishment—** The [Secretary](/usc/22/277d–43.md?p=5) of the Treasury shall designate, within the [Office](/usc/22/2214a.md?p=9) of International Affairs in the Department of the Treasury, an officer of [multilateral development bank](#b) procurement.
  - (2) **Function—** The officer shall act as the liaison between the Department of the Treasury, the Department of Commerce, and the [United States](/usc/22/1395.md?p=a-1) [Executive Directors](/usc/22/10601.md?p=5)’ [offices](/usc/22/2214a.md?p=9) in the [multilateral development banks](/usc/22/262r.md?p=c-4), in carrying out this section. The officer shall cooperate with the Department of Commerce in efforts to improve opportunities for [multilateral development bank](#b) procurement by [United States](/usc/22/1395.md?p=a-1) 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](/usc/22/7702.md?p=6), the Inter-American Development Bank, the InterAmerican Investment [Corporation](/usc/22/7702.md?p=6), the Asian Development Bank, the African Development Bank, and the African Development [Fund](/usc/22/2431a.md?p=9).

## Footnotes

[^1]: So in original. Two subsecs. (b) have been enacted.

## Source credit

(Pub. L. 95–118, title XVIII, § 1801, formerly Pub. L. 100–418, title III, § 3202, Aug. 23, 1988, 102 Stat. 1382; renumbered § 1801 of Pub. L. 95–118, Pub. L. 101–240, title V, § 541(b)(1), Dec. 19, 1989, 103 Stat. 2517.)

## Notes

### Editorial Notes

### Codification

Section was formerly classified to section 262q of this title prior to renumbering by Pub. L. 101–240.

### Statutory Notes and Related Subsidiaries

### Short Title

Pub. L. 100–418, title III, § 3201, Aug. 23, 1988, 102 Stat. 1382, provided that: “This subtitle [subtitle C (§§ 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.