; or (ii) the head of the agency receives information from the Secretary of the Treasury (as authorized under paragraph (1)(B)) demonstrating that such a certification submitted by such person is false. (B) Waiver The head of an executive agency may waive subparagraph (A) with respect to a person based upon a written finding of urgent and compelling circumstances significantly affecting the interests of the United States. If the head of an executive agency waives subparagraph (A) for a person, the head of the agency shall submit to the Committee on Oversight and Government Reform of the House of Representatives and the Committee on Homeland Security and Governmental Affairs of the Senate, within 30 days after the waiver is made, a report containing the rationale for the waiver and relevant information supporting the waiver decision. (4) Release of information The Secretary of the Treasury, in consultation with the Director of the Office of Management and Budget, shall make available to all executive agencies a standard form for the authorization described in paragraph (1)(B). (5) Revision of regulations Not later than 270 days after the date of the enactment of this Act, the Federal Acquisition Regulation shall be revised to incorporate the requirements of this section. (c) Disclosure and evaluation of grant applications from delinquent Federal debtors (1) In general The head of any executive agency that offers a grant in excess of an amount equal to the simplified acquisition threshold shall require each grant applicant to submit with the grant application a form— (A) certifying whether such applicant has a seriously delinquent tax debt