1. LawStack
  2. Title 22 - Foreign Relations
  3. Chapter XV - AFRICAN DEVELOPMENT FOUNDATION
  4. Part 1508 - GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)
  5. Subpart C - Responsibilities of Participants Regarding Transactions
  6. Topic - Disclosing Information—Lower Tier Participants
  7. 22 CFR § 1508.360
22 CFR § 1508.360
What happens if I fail to disclose the information required under §1508.355?
November 19, 2020
CFR

If we later determine 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, we may pursue any available remedies, including suspension and debarment.

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§ 1508.355 What information must I provide to a higher tier participant before entering into a covered transaction with that participant?
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§ 1508.365 What must I do if I learn of information required under §1508.355 after entering into a covered transaction with a higher tier participant?

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