2 C.F.R. § 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?
Title 2 - Grants and Agreements
Title 2: 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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