2 CFR 180.450 - What action may I take if a lower tier participant fails to disclose the information required under 180.355 to the next higher tier?

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 AGREEMENTS

CHAPTER I - OFFICE OF MANAGEMENT AND BUDGET GOVERNMENTWIDE GUIDANCE FOR GRANTS AND AGREEMENTS

PART 180 - OMB GUIDELINES TO AGENCIES ON GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)

subpart d - RESPONSIBILITIES OF FEDERAL AGENCY OFFICIALS REGARDING TRANSACTIONS

180.450 - What action may I take if a lower tier participant fails to disclose the information required under 180.355 to the next higher tier?

If you as a Federal agency official determine that a lower tier participant failed to disclose information, as required by 180.355, at the time it entered into a covered transaction with a participant at the next higher tier, you may pursue any remedies available to you, including the initiation of a suspension or debarment action.

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