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Sec. 2455, Pub. L. 103-355, 108 Stat. 3327 (31 U.S.C. 6101 note); E.O. 12549 (3 CFR, 1986 Comp., p. 189); E.O. 12689 (3 CFR, 1989, 1986 Comp., p. 235); 15 U.S.C. 634(b)(6).
72 FR 39728, July 20, 2007, unless otherwise noted.
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For SBA, the debarring official for financial assistance programs is the Director of the Office of Credit Risk Management; for all other programs, the debarring official is the Associate General Counsel for Procurement Law.
[72 FR 39728, July 20, 2007, as amended at 73 FR 43348, July 25, 2008]
Principal means—
(a) Other examples of individuals who are principals in SBA covered transactions include:
(1) Principal investigators.
(2) Securities brokers and dealers under the section 7(a) Loan, Certified Development Company (CDC) and Small Business Investment Company (SBIC) programs.
(3) Applicant representatives under the section 7(a) Loan, CDC, SBIC, Small Business Development Center (SBDC), and section 7(j) programs.
(4) Providers of professional services under the section 7(a) Loan, CDC, SBIC, SBDC, and section 7(j) programs.
(5) Individuals that certify, authenticate or authorize billings.
(b) [Reserved]
For SBA, the suspending official for financial assistance programs is the Director of the Office of Credit Risk Management; for all other programs, the suspending official is the Associate General Counsel for Procurement Law.
[72 FR 39728, July 20, 2007, as amended at 73 FR 43348, July 25, 2008]