If you as an agency official determine that a lower tier participant failed to disclose information, as required by § 19.355, at the time it entered into a covered transaction with a participant at the next higher tier, you may pursue any remedies available to you, including the initiation of a suspension or debarment action.
authority: Sec. 2455, Pub. L. 103-355, 108 Stat. 3327 (
31 U.S.C. 6101 note); E.O. 11738 (3 CFR, 1973 Comp., p. 799); E.O. 12549 (3 CFR, 1986 Comp., p. 189); E.O. 12689 (3 CFR, 1989 Comp., p. 235)
source: 68 FR 66544, 66605, 66607, Nov. 26, 2003, unless otherwise noted.
cite as: 31 CFR 19.455