[Code of Federal Regulations]

[Title 45, Volume 3]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 45CFR620.365]



[Page 170]

 

                        TITLE 45--PUBLIC WELFARE

 

                 CHAPTER VI--NATIONAL SCIENCE FOUNDATION

 

PART 620_GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)

--Table of Contents

 

    Subpart C_Responsibilities of Participants Regarding Transactions

 

Sec. 620.365  What must I do if I learn of information required under 

Sec. 620.355 after entering into a covered transaction with a higher 

tier participant?



    At any time after you enter into a lower tier covered transaction 

with a person at a higher tier, you must provide immediate written 

notice to that person if you learn either that--

    (a) You failed to disclose information earlier, as required by Sec. 

620.355; or

    (b) Due to changed circumstances, you or any of the principals for 

the transaction now meet any of the criteria in Sec. 620.355.