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§ 919.995 Principal
Regulation
5 CFR 919.995
Text
6 passages
5 CFR 919.995 (definition of "Principal")Principal means—
5 CFR 919.995 (definition of "Principal", paragraph (a))(a) An officer, director, owner, partner, principal investigator, or other person within a participant with management or supervisory responsibilities related to a covered transaction; or
5 CFR 919.995 (definition of "Principal", paragraph (b))(b) A consultant or other person, whether or not employed by the participant or paid with Federal funds, who—
5 CFR 919.995 (definition of "Principal", paragraph (b)(1))(1) Is in a position to handle Federal funds;
5 CFR 919.995 (definition of "Principal", paragraph (b)(2))(2) Is in a position to influence or control the use of those funds; or,
5 CFR 919.995 (definition of "Principal", paragraph (b)(3))(3) Occupies a technical or professional position capable of substantially influencing the development or outcome of an activity required to perform the covered transaction.
About
- Type
- Regulation section
- Citation
- 5 CFR 919.995
- Last amended
- 2017-01-01
Amendment history
- 2017-01-01Principal