Lower Tier Participant definition

Lower Tier Participant refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).
Lower Tier Participant refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers). f. The prospective first tier participant agrees by submitting this proposal that, should the proposed covered transaction be entered into, it shall not knowingly enter into any lower tier covered transaction with a person who is debarred, suspended, declared ineligible, or voluntarily excluded from participation in this covered transaction, unless authorized by the department or agency entering into this transaction. g. The prospective first tier participant further agrees by submitting this proposal that it will include the clause titled "Certification Regarding Debarment, Suspension, Ineligibility and Voluntary Exclusion-Lower Tier Covered Transactions," provided by the department or contracting agency, entering into this covered transaction, without modification, in all lower tier covered transactions and in all solicitations for lower tier covered transactions exceeding the $25,000 threshold. h. A participant in a covered transaction may rely upon a certification of a prospective participant in a lower tier covered transaction that is not debarred, suspended, ineligible, or voluntarily excluded from the covered transaction, unless it knows that the certification is erroneous. A participant is responsible for ensuring that its principals are not suspended, debarred, or otherwise ineligible to participate in covered transactions. To verify the eligibility of its principals, as well as the eligibility of any lower tier prospective participants, each participant may, but is not required to, check the Excluded Parties List System website (xxxxx://xxx.xxxx.xxx/), which is compiled by the General Services Administration. xxxxx://xxx.xxxx.xxx/
Lower Tier Participant refers any participant who has entered into a covered transact ion with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

Examples of Lower Tier Participant in a sentence

  • Name of Lower Tier Participant If the Lower Tier Participant named above is unable to certify to any of the statements in this certification, such participant must attach an explanation to this proposal.


More Definitions of Lower Tier Participant

Lower Tier Participant. SUBCONTRACTOR: Entity Name, Entity Type By: Signature Authority Name, Title Date: ” This certification is a material representation of fact upon which reliance is placed when the Department awards the grant. If it is later determined that Development Owner knowingly rendered an erroneous certification, in addition to any other remedies available to the Federal Government, the Department may terminate this Contract for cause or default. DEVELOPMENT OWNER: Entity Name, Entity Type By: Signature Authority Name, Title Date: TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS NATIONAL HOUSING TRUST FUND (NHTF) MULTIFAMILY DIRECT LOAN CONTRACT # ADDENDUM C Additional Use Requirements; Amenity Requirements The undersigned Development Owner hereby represents that the Property will have the following amenities throughout the State Affordability Period. No rent or fees may be charged for any of the amenities throughout the State Affordability Period. The Development Owner was awarded points based on providing specific amenity and quality features in every Unit at no extra charge to the tenant. The following section identifies the amenities elected at the time of application for which points were awarded. The amenities selected must be made available for the benefit of all tenants. MANDATORY DEVELOPMENT AMENITIES The Mandatory Development Amenities listed in (A) through (M) below are required for the Development unless expressly identified as not required. Additionally, the Development must meet the Construction Standards under Section 8.3 of this Contract, including the property standards identified for new construction projects in 24 CFR §92.251 and broadband infrastructure requirements under Section 49.315 of this Contract.
Lower Tier Participant is defined to include the contractor and its principals, agents, and subcontractors who are obligated to perform services pursuant to the terms of this contract.

Related to Lower Tier Participant

  • First Tier Participant refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Participant has the meaning specified in Section 10.06(d).