29 CFR 1471.320 - Must I verify that principals of my covered transactions are eligible to participate?

Regulations last checked for updates: Nov 23, 2024

Title 29 - Labor last revised: Oct 31, 2024

View all text of Subpart C [§ 1471.300 - § 1471.365]

§ 1471.320 - Must I verify that principals of my covered transactions are eligible to participate?

Yes, you as a participant are responsible for determining whether any of your principals of your covered transactions is excluded or disqualified from participating in the transaction. You may decide the method and frequency by which you do so. You may, but you are not required to, check the EPLS.

authority: E.O. 12549 ,3 CFR 1986 Comp., p. 189; E.O. 12698, 3 CFR 1989 Comp., p. 235; sec. 2455, Pub. L. 103-355, 108 Stat. 3327 (31 U.S.C. 6101 note); 29 U.S.C. 175a.

source: 68 FR 66544, 66603, 66604, Nov. 26, 2003, unless otherwise noted.

cite as: 29 CFR 1471.320