1404.450—What action may I take if a primary tier participant fails to disclose the information required under § 1404.335?
If you as an agency official determine that a participant failed to disclose information, as required by § 1404.335, at the time it entered into a covered transaction with you, you may—
(a)
Terminate the transaction for material failure to comply with the terms and conditions of the transaction; or
(b)
Pursue any other available remedies, including suspension and debarment.