2 C.F.R. § 180.905

Current through September 30, 2024

Section 180.905 - [Effective 10/1/2024] Affiliate

Persons are affiliates of each other if, directly or indirectly, either one controls or has the power to control the other or a third person controls or has the power to control both. The ways a Federal agency may determine control include, but are not limited to:

(a) Interlocking management or ownership;

(b) Identity of interests among family members;

(c) Shared facilities and equipment;

(d) Common use of employees; or

(e) A business entity organized following the exclusion of a person with the same or similar management, ownership, or principal employees as the excluded person.

2 C.F.R. §180.905

89 FR 30115, 10/1/2024