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§ 1006.455 What may I do if a lower tier participant fails to disclose the information required under § 1006.355 to the next higher tier?

22 CFR 1006.455

Citation22 CFR 1006.455
CorpusDaily eCFR
Displayed edition2026-09-16
Last updated2026-09-16

§ 1006.455 What may I do if a lower tier participant fails to disclose the information required under § 1006.355 to the next higher tier?

If you as an agency official determine that a lower tier participant failed to disclose information, as required by § 1006.355, 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.