Code of Federal Regulations · Section

§ 1125.332 — What Method Must I Use To Pass Requirements Down To Participants At Lower Tiers With Whom I Intend To Do Business?

2 C.F.R. § 1125.332

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You as a participant in a covered transaction must include a term or condition in any lower-tier covered transaction into which you enter, to require the participant of that transaction to—

(a) Comply with subpart C of the OMB guidance in 2 CFR part 180; and

(b) Include a similar term or condition in any covered transaction into which it enters at the next lower tier.

Authorizing Statute