24 CFR 24.330 - What requirements must I pass down to persons at lower tiers with whom I intend to do business?

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Title 24: Housing and Urban Development

Subtitle A: Office of the Secretary, Department of Housing and Urban Development

PART 24: GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)

Subpart C: Responsibilities of Participants Regarding Transactions

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 ? 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

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