1. LawStack
  2. Title 2 - Grants and Agreements
  3. Subtitle A - Office of Management and Budget Guidance for Grants and Agreements
  4. Chapter I - Office of Management and Budget Governmentwide Guidance for Grants and Agreements
  5. Part 180 - OMB Guidelines to Agencies on Governmentwide Debarment and Suspension (Nonprocurement)
  6. Subpart C - Responsibilities of Participants Regarding Transactions Doing Business With Other Persons
  7. Subject Group - Disclosing Information—Lower Tier Participants
  8. 2 CFR § 180.360
2 CFR § 180.360
What happens if I fail to disclose information required under § 180.355?
July 31, 2023
CFR
Editorial Note on Part 180

Editorial Note:

Nomenclature changes to part 180 appear at 79 FR 75879, Dec. 19, 2014.

§ 180.360 What happens if I fail to disclose information required under § 180.355?

If a Federal agency later determines that you failed to tell the person at the higher tier that you were excluded or disqualified at the time you entered into the covered transaction with that person, the agency may pursue any available remedies, including suspension and debarment.

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§ 180.355 What information must I provide to a higher tier participant before entering into a covered transaction with that participant?
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§ 180.365 What must I do if I learn of information required under § 180.355 after entering into a covered transaction with a higher tier participant?

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