29 CFR § 1471.995 - Principal.

---
identifier: "/us/cfr/t29/s1471.995"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "29 CFR § 1471.995 - Principal."
title_number: 29
title_name: "Labor"
section_number: "1471.995"
section_name: "Principal."
chapter_name: "FEDERAL MEDIATION AND CONCILIATION SERVICE"
part_number: "1471"
part_name: "GOVERNMENTWIDE 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: "E.O. 12549 ,3 CFR 1986 Comp., p. 189; E.O. 12698, 3 CFR 1989 Comp., p. 235; sec. 2455, Pub. L. 103-355, 108 Stat. 3327 (31 U.S.C. 6101 note); 29 U.S.C. 175a."
regulatory_source: "68 FR 66544, 66603, 66604, Nov. 26, 2003, unless otherwise noted."
cfr_part: "1471"
---


# 1471.995 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.