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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 32 - National Defense |
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Subtitle A - Department of Defense |
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Chapter I - Office of the Secretary of Defense |
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SubChapter C - Dod Grant and Agreement Regulations |
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Part 25 - GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT) |
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Subpart C - Responsibilities of Participants Regarding Transactions |
§ 25.365 - What must I do if I learn of information required under 25.355 after entering into a covered transaction with a higher tier participant?
Latest version.
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At any time after you enter into a lower tier covered transaction with a person at a higher tier, you must provide immediate written notice to that person if you learn either that—
(a) You failed to disclose information earlier, as required by § 25.355; or
(b) Due to changed circumstances, you or any of the principals for thetransaction now meet any of the criteria in § 25.355.