2 C.F.R. § 180.340   If I disclose unfavorable information required under §180.335, will I be prevented from participating in the transaction?


Title 2 - Grants and Agreements

Title 2: Grants and Agreements
PART 180—OMB GUIDELINES TO AGENCIES ON GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)
Subpart C—Responsibilities of Participants Regarding Transactions Doing Business With Other Persons
Disclosing Information—Primary Tier Participants

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§ 180.340   If I disclose unfavorable information required under §180.335, will I be prevented from participating in the transaction?

As a primary tier participant, your disclosure of unfavorable information about yourself or a principal under §180.335 will not necessarily cause a Federal agency to deny your participation in the covered transaction. The agency will consider the information when it determines whether to enter into the covered transaction. The agency will also consider any additional information or explanation that you elect to submit with the disclosed information.

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