22 CFR 208.995 - Principal.

§ 208.995 Principal.
Principal means—
(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
(b) A consultant or other person, whether or not employed by the participant or paid with Federal funds, who—
(1) Is in a position to handle Federal funds;
(2) Is in a position to influence or control the use of those funds; or,
(3) Occupies a technical or professional position capable of substantially influencing the development or outcome of an activity required to perform the covered transaction.
Beta! The text on the eCFR tab represents the unofficial eCFR text at ecfr.gov.

This section’s status may have changed. It may have been renumbered, reserved, or removed.