Statutes, codes, and regulations
Code of Federal Regulations
Title 2 - FEDERAL FINANCIAL ASSISTANCESubtitle A - OFFICE OF MANAGEMENT AND BUDGET GUIDANCE FOR FEDERAL FINANCIAL ASSISTANCEChapter I - OFFICE OF MANAGEMENT AND BUDGET GOVERNMENT-WIDE GUIDANCE FOR FEDERAL FINANCIAL ASSISTANCEPart 180 - [Effective 10/1/2024] OMB GUIDELINES TO AGENCIES ON GOVERNMENT-WIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)
Subpart C - [Effective 10/1/2024] RESPONSIBILITIES OF PARTICIPANTS REGARDING TRANSACTIONS DOING BUSINESS WITH OTHER PERSONS
Section 180.325 - [Effective 10/1/2024] What happens if I do business with an excluded person in a covered transaction?

2 C.F.R. § 180.325

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Current through September 30, 2024
Section 180.325 - [Effective 10/1/2024] What happens if I do business with an excluded person in a covered transaction?

As a participant, if you knowingly do business with an excluded person, the Federal agency responsible for your transaction may disallow costs, annul or terminate the transaction, issue a stop work order, debar or suspend you, or take other remedies as appropriate.

2 C.F.R. §180.325

89 FR 30115, 10/1/2024