2 CFR 180.365 - What must I do if I learn of information required under 180.355 after entering into a covered transaction with a higher tier participant?
Code of Federal Regulations - Title 2: Grants and Agreements (December 2005)
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TITLE 2 - GRANTS AND AGREEMENTS
SUBTITLE A - OFFICE OF MANAGEMENT AND BUDGET GUIDANCE FOR GRANTS AND AGREEMENTSCHAPTER I - OFFICE OF MANAGEMENT AND BUDGET GOVERNMENTWIDE GUIDANCE FOR GRANTS AND AGREEMENTSPART 180 - OMB GUIDELINES TO AGENCIES ON GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)subpart c - RESPONSIBILITIES OF PARTICIPANTS REGARDING TRANSACTIONS DOING BUSINESS WITH OTHER PERSONS180.365 - What must I do if I learn of information required under 180.355 after entering into a covered transaction with a higher tier participant?At any time after you enter into a lower tier covered transaction with a person at a higher tier, you must provide immediate written notice to that person if you learn either that (a) You failed to disclose information earlier, as required by 180.355; or (b) Due to changed circumstances, you or any of the principals for the transaction now meet any of the criteria in 180.355. Other documents:
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