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LegalText 22 U.S.C. § 294a Contracts requiring payment in foreign currency us united_states_code code_section 22 FOREIGN RELATIONS AND INTERCOURSE 8 FOREIGN SERVICE BUILDINGS 294a 22 U.S.C. § 294a current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc22@119-100.zip /us/usc/t22/s294a data/legal/raw/us/code/title-22/usc22.xml 3cf3f281ee1a8774c8c8370857e177e159893b528cc598496b633fa5e7f649b7 b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83 bdc3454778c5bd7bf949b5416869dc4662b8fbd9003a4d2d9514ab73144a24e8 2026-07-04 official
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22 U.S.C. § 294a - Contracts requiring payment in foreign currency

Text

Whenever a contract is made for the construction, alteration, or repair of a Foreign Service building which requires payments in a foreign currency, the Secretary of State is authorized to purchase such currency at such times and in such amounts (within the total amount of the payments to be made under such contract) as he may deem necessary, the currency so purchased to be disbursed and accounted for at its cost price.

(May 14, 1940, ch. 189, title I, 54 Stat. 186.)

Notes

Editorial Notes

Codification Section was not enacted as a part of the Foreign Service Buildings Act, 1926, which comprises this chapter.

Prior ProvisionsPrior similar provisions were contained in act June 29, 1939, ch. 248, title I, 53 Stat. 890.