2 CFR § 180.995 - Principal.

---
identifier: "/us/cfr/t2/s180.995"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "2 CFR § 180.995 - Principal."
title_number: 2
title_name: "Federal Financial Assistance"
section_number: "180.995"
section_name: "Principal."
chapter_name: "OFFICE OF MANAGEMENT AND BUDGET GOVERNMENT-WIDE GUIDANCE FOR FEDERAL FINANCIAL ASSISTANCE"
part_number: "180"
part_name: "OMB GUIDELINES TO AGENCIES ON GOVERNMENT-WIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "31 U.S.C. 503; 31 U.S.C. 6102; 31 U.S.C. 6307; Pub. L. 103-355; Pub. L. 109-282; Pub. L. 110-252; Pub. L. 111-84; Pub. L. 113-101Pub. L. 115-232; Pub. L. 117-40; E.O. 12549; E.O. 12689."
regulatory_source: "89 FR 30115, Apr. 22, 2024, unless otherwise noted."
cfr_part: "180"
---


# 180.995 Principal.

*Principal* means:

(a) An officer, director, owner, partner, principal investigator, or another 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.