[Code of Federal Regulations]

[Title 24, Volume 1]

[Revised as of April 1, 2006]

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

[CITE: 24CFR24.330]



[Page 253]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

PART 24_GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)--Table 

of Contents

 

    Subpart C_Responsibilities of Participants Regarding Transactions

 

Sec.  24.330  What requirements must I pass down to persons at lower 

tiers with whom I intend to do business?



    Before entering into a covered transaction with a participant at the 

next lower tier, you must require that participant to--

    (a) Comply with this subpart as a condition of participation in the 

transaction. You may do so using any method(s), unless Sec.  24.440 

requires you to use specific methods.

    (b) Pass the requirement to comply with this subpart to each person 

with whom the participant enters into a covered transaction at the next 

lower tier.



            Disclosing Information--Primary Tier Participants