[Code of Federal Regulations]

[Title 34, Volume 1]

[Revised as of July 1, 2006]

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

[CITE: 34CFR85.455]



[Page 272]

 

                           TITLE 34--EDUCATION

 

PART 85_GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)--Table 

of Contents

 

    Subpart D_Responsibilities of ED Officials Regarding Transactions

 

Sec.  85.455  What may I do if a lower tier participant fails to disclose 

the information required under Sec.  85.355 to the next higher tier?



    If you as an agency official determine that a lower tier participant 

failed to disclose information, as required by Sec.  85.355, 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.



Authority: E.O. 12549 (3 CFR, 1986 Comp., p. 189); E.O 12689 (3 CFR, 

1989 Comp., p. 235); 20 U.S.C. 1082, 1094, 1221e-3 and 3474; and Sec. 

2455, Pub. L. 103-355, 108 Stat. 3243 at 3327.