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24 C.F.R. § 24.450   What action may I take if a primary tier participant fails to disclose the information required under §24.335?

Title 24: Housing and Urban Development
PART 24—GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)
Subpart D—Responsibilities of HUD Officials Regarding Transactions

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§ 24.450   What action may I take if a primary tier participant fails to disclose the information required under §24.335?

If you as an agency official determine that a participant failed to disclose information, as required by §24.335, at the time it entered into a covered transaction with you, you may—

(a) Terminate the transaction for material failure to comply with the terms and conditions of the transaction; or

(b) Pursue any other available remedies, including suspension and debarment.