1. Regulations
  2. title 22
  3. chapter X
  4. part 1006
  5. subpart C
  6. subjgrp 16
  7. § 1006.325

View all text of Subjgrp 16 [§ 1006.300 - § 1006.330]

§ 1006.325 - 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 (31 U.S.C. 6101 note); E.O. 12549, 3 CFR, 1986 Comp., p. 189; E.O. 12689, 3 CFR, 1989 Comp., p. 235.

CITE AS: 22 CFR 1006.325