How can an agency spend the “gainsharing” money that it has deposited into the account?
The Secretary of the Treasury may reimburse agencies for “qualified expenses” related to the improvement of credit management, debt collection, and debt recovery activities such as: account servicing; data processing equipment; delinquent debt collection; measures to minimize delinquent debt; sales of delinquent debt; asset disposition; and training of personnel involved in credit and debt management. • If an agency refers its debts for collection to Treasury or another Debt Collection Center, who gets credit for the collection for “gainsharing” purposes? The agency that refers the debts receives the credit for the collection.
