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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 2 - Grants and Agreements |
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Subtitle A - Office of Management and Budget Guidance for Grants and Agreements |
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Chapter I - Office of Management and Budget Governmentwide Guidance for Grants and Agreements |
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Part 180 - OMB Guidelines to Agencies on Governmentwide Debarment and Suspension (Nonprocurement) |
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Subpart C - Responsibilities of Participants Regarding Transactions Doing Business With Other Persons |
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Disclosing Information - Primary Tier Participants |
§ 180.345 - What happens if I fail to disclose information required under § 180.335?
Latest version.
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§ 180.345 What happens if I fail to disclose information required under § 180.335?
If a Federal agency later determines that you failed to disclose information under § 180.335 that you knew at the time you entered into the covered transaction, the agency may -
(a) Terminate the transaction for material failure to comply with the terms and conditions of the transaction; or
(b) Pursue any other available remedies, including suspension and debarment.