If I disclose unfavorable information required under § 180.335, will I be prevented from participating in the transaction?

§ 180.335, will I be prevented from participating in the transaction? 180.340 Section 180.340 Grants and Agreements Office of Management and Budget Guidance for Grants and Agreements OFFICE OF MANAGEMENT AND BUDGET GOVERNMENTWIDE GUIDANCE FOR GRANTS AND AGREEMENTS Reserved OMB GUIDELINES TO AGENCIES ON GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT) Responsibilities of Participants Regarding Transactions Doing Business With Other Persons Disclosing Information-Primary Tier Participants § 180.340 If I disclose unfavorable information required under § 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 § 180.335 will not necessarily cause a 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.