Code of Federal Regulations (Last Updated: May 6, 2024) |
Title 2 - Grants and Agreements |
Subtitle A - Office of Management and Budget Guidance for Grants and Agreements |
Chapter I - Office of Management and Budget Governmentwide Guidance for Grants and Agreements |
Part 180 - OMB Guidelines to Agencies on Governmentwide Debarment and Suspension (Nonprocurement) |
Subpart C - Responsibilities of Participants Regarding Transactions Doing Business With Other Persons |
§ 180.330 - What requirements must I pass down to persons at lower tiers with whom I intend to do business?
Latest version.
-
§ 180.330 What requirements must I pass down to persons at lower tiers with whom I intend to do business?
Before entering into a covered transaction with a participant at the next lower tier, you must require that participant to -
(a) Comply with this subpart as a condition of participation in the transaction. You may do so using any method(s), unless the regulation of the Federal agency responsible for the transaction requires you to use specific methods.
(b) Pass the requirement to comply with this subpart to each person with whom the participant enters into a covered transaction at the next lower tier.