B-228691:
Sep 21, 1988
The employing agency disallowed the entire fee on the ground it was a nonreimbursable finance charge. The real estate closing was held December 5. 024 represented a "commitment fee" and was used to "commit the rate for 75 days" and also "to adjust the yield on the loan.". Because it concluded the fee was a finance charge. The Finance and Accounting Officer states the following: "This Command is aw...