24 C.F.R. § 24.310 What must I do if a Federal agency excludes a person with whom I am already doing business in a covered transaction?
Title 24 - Housing and Urban Development
(a) You as a participant may continue covered transactions with an excluded person if the transactions were in existence when the agency excluded the person. However, you are not required to continue the transactions, and you may consider termination. You should make a decision about whether to terminate and the type of termination action, if any, only after a thorough review to ensure that the action is proper and appropriate. (b) You may not renew or extend covered transactions (other than no-cost time extensions) with any excluded person, unless the Department of Housing and Urban Development grants an exception under §24.120.
Title 24: Housing and Urban Development
PART 24—GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)
Subpart C—Responsibilities of Participants Regarding Transactions
§ 24.310 What must I do if a Federal agency excludes a person with whom I am already doing business in a covered transaction?
