§ 919.995 - Principal.

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Principal means—

An officer, director, owner, partner, principal investigator, or other person within a participant with management or supervisory responsibilities related to a covered transaction; or

A consultant or other person, whether or not employed by the participant or paid with Federal funds, who—

Is in a position to handle Federal funds;

Is in a position to influence or control the use of those funds; or,

Occupies a technical or professional position capable of substantially influencing the development or outcome of an activity required to perform the covered transaction.