§1508.455. What may I do if a lower tier participant fails to disclose the information required under § 1508.355 to the next higher tier?
22 C.F.R. § 1508.455
If you as an agency official determine that a lower tier participant failed to disclose information, as required by § 1508.355, 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.
Notes, amendments, and revision history
Authority
Authority: Sec. 2455, Pub.L. 103-355, 108 Stat. 3327; E.O. 12549, 3CFR, 1986 Comp., p.89; E.O. 12689, 3CFR, 1989 Comp., p. 235.
Source
Source: 68 FR 66590, 66592, Nov. 26, 2003, unless otherwise noted.