[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: 24CFR24.435]



[Page 255]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

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

of Contents

 

   Subpart D_Responsibilities of HUD Officials Regarding Transactions

 

Sec.  24.435  What must I require of a primary tier participant?



    You as an agency official must require each participant in a primary 

tier covered transaction to--

    (a) Comply with subpart C of this part as a condition of 

participation in the transaction; and

    (b) Communicate the requirement to comply with Subpart C of this 

part to persons at the next lower tier with whom the primary tier 

participant enters into covered transactions.