34 C.F.R. § 85.455   What may I do if a lower tier participant fails to disclose the information required under §85.355 to the next higher tier?


Title 34 - Education


Title 34: Education
PART 85—GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)
Subpart D—Responsibilities of ED Officials Regarding Transactions

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§ 85.455   What may I do if a lower tier participant fails to disclose the information required under §85.355 to the next higher tier?

If you as an agency official determine that a lower tier participant failed to disclose information, as required by §85.355, 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.

Authority: E.O. 12549 (3 CFR, 1986 Comp., p. 189); E.O 12689 (3 CFR, 1989 Comp., p. 235); 20 U.S.C. 1082, 1094, 1221e-3 and 3474; and Sec. 2455, Pub. L. 103–355, 108 Stat. 3243 at 3327.

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