2 C.F.R. § 180.325 What happens if I do business with an excluded person in a covered transaction?
Title 2 - Grants and Agreements
Title 2: Grants and Agreements
PART 180—OMB GUIDELINES TO AGENCIES ON GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)
Subpart C—Responsibilities of Participants Regarding Transactions Doing Business With Other Persons
§ 180.325 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, 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.
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