Centralized offset means the offset of Federal payments through the Treasury Offset Program to collect debts which creditor agencies have certified pursuant to 31 U.S.C. 3716, 3720A(a) and applicable regulations. The term centralized offset includes the Treasury Offset Program's processing of offsets of Federal payments disbursed by disbursing officials other than the Department of the Treasury.
29 CFR § 100.602
For the purpose of this subpart, the following definitions will apply: