13 C.F.R. § 145.455   What may I do if a lower tier participant fails to disclose the information required under §145.355 to the next higher tier?


Title 13 - Business Credit and Assistance


Title 13: Business Credit and Assistance
PART 145—GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)
Subpart D—Responsibilities of SBA Officials Regarding Transactions

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§ 145.455   What may I do if a lower tier participant fails to disclose the information required under §145.355 to the next higher tier?

If you as an agency official determine that a lower tier participant failed to disclose information, as required by §145.355, 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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