1. Regulations
  2. title 22
  3. chapter XV
  4. part 1508
  5. subpart C
  6. subjgrp 23
  7. § 1508.325

View all text of Subjgrp 23 [§ 1508.300 - § 1508.330]

§ 1508.325 - What happens if I do business with an excluded person in a covered transaction?

If as a participant you knowingly do business with an excluded person, we may disallow costs, annul or terminate the transaction, issue a stop work order, debar or suspend you, or take other remedies as appropriate.

AUTHORITY: Sec. 2455, Pub.L. 103-355, 108 Stat. 3327; E.O. 12549, 3CFR, 1986 Comp., p.89; E.O. 12689, 3CFR, 1989 Comp., p. 235.

SOURCE: 68 FR 66590, 66592, Nov. 26, 2003, unless otherwise noted.

CITE AS: 22 CFR 1508.325