[Code of Federal Regulations]
[Title 2, Volume 1]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 2CFR180.340]

[Page 19-20]
 
                     TITLE 2--GRANTS AND AGREEMENTS
 
 CHAPTER I--OFFICE OF MANAGEMENT AND BUDGET GOVERNMENTWIDE GUIDANCE FOR 
                          GRANTS AND AGREEMENTS
 
PART 180_OMB GUIDELINES TO AGENCIES ON GOVERNMENTWIDE DEBARMENT AND SUSPENSION 
 
Subpart C_Responsibilities of Participants Regarding Transactions Doing 
                       Business With Other Persons
 
Sec.  180.340  If I disclose unfavorable information required under Sec.  

180.335, 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.  180.335 will not 
necessarily cause a

[[Page 20]]

Federal agency to deny your participation in the covered transaction. 
The agency will consider the information when it determines whether to 
enter into the covered transaction. The agency will also consider any 
additional information or explanation that you elect to submit with the 
disclosed information.