[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: 24CFR24.340]



[Page 254]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

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

of Contents

 

    Subpart C_Responsibilities of Participants Regarding Transactions

 

Sec.  24.340  If I disclose unfavorable information required under 

Sec.  24.335, will I be prevented from participating in the transaction?



    As a primary tier participant, your disclosure of unfavorable 

information about yourself or a principal under Sec.  24.335 will not 

necessarily cause us to deny your participation in the covered 

transaction. We will consider the information when we determine whether 

to enter into the covered transaction. We also will consider any 

additional information or explanation that you elect to submit with the 

disclosed information.