§ 85.450 - What action may I take if a primary tier participant fails to disclose the information required under 85.335?  


Latest version.
  • If you as an agency official determine that a participant failed to disclose information, as required by §85.335, at the time it entered into a covered transaction with you, you 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.

    (Authority: E.O. 12549 (3 CFR, 1986 Comp., p. 189); E.O 12689 (3 CFR, 1989 Comp., p. 235); 20 U.S.C. 1082, 1094, 1221e-3 and 3474; and Sec. 2455, Pub. L. 103–355, 108 Stat. 3243 at 3327)