Statutes, codes, and regulations
Code of Federal Regulations
Title 2 - FEDERAL FINANCIAL ASSISTANCESubtitle A - OFFICE OF MANAGEMENT AND BUDGET GUIDANCE FOR FEDERAL FINANCIAL ASSISTANCEChapter I - OFFICE OF MANAGEMENT AND BUDGET GOVERNMENT-WIDE GUIDANCE FOR FEDERAL FINANCIAL ASSISTANCEPart 180 - [Effective 10/1/2024] OMB GUIDELINES TO AGENCIES ON GOVERNMENT-WIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)Subpart C - [Effective 10/1/2024] RESPONSIBILITIES OF PARTICIPANTS REGARDING TRANSACTIONS DOING BUSINESS WITH OTHER PERSONS
[Effective 10/1/2024] DISCLOSING INFORMATION - PRIMARY TIER PARTICIPANTS
Section 180.345 - [Effective 10/1/2024] What happens if I fail to disclose information required under section 180.335?

2 C.F.R. § 180.345

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Current through September 30, 2024
Section 180.345 - [Effective 10/1/2024] What happens if I fail to disclose information required under section 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 Federal 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.

2 C.F.R. §180.345

89 FR 30115, 10/1/2024