24 C.F.R. § 24.325 What happens if I do business with an excluded person in a covered transaction?
Title 24 - Housing and Urban Development
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.
Title 24: Housing and Urban Development
PART 24—GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)
Subpart C—Responsibilities of Participants Regarding Transactions
§ 24.325 What happens if I do business with an excluded person in a covered transaction?