29 C.F.R. § 1471.300 – What must I do before I enter into a covered transaction with another person at the next lower tier? | Midpage
§ 1471.300
29 C.F.R. § 1471.300
What must I do before I enter into a covered transaction with another person at the next lower tier?
Effective Jan 3, 2017
When you enter into a covered transaction with another person at the next lower tier, you must verify that the person with whom you intend to do business is not excluded or disqualified. You do this by:
(a) Checking the EPLS; or
(b) Collecting a certification from that person if allowed by this rule; or
(c) Adding a clause or condition to the covered transaction with that person.