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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 13 - Business Credit and Assistance |
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Chapter I - Small Business Administration |
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Part 145 - GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT) |
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Subpart A - General |
§ 145.115 - How does an exclusion restrict a person's involvement in covered transactions?
Latest version.
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With the exceptions stated in §§ 145.120, 145.315, and 145.420, a person who is excluded by the SBA or any other Federal agency may not:
(a) Be a participant in a(n) SBA transaction that is a covered transaction under subpart B of this part;
(b) Be a participant in a transaction of any other Federal agency that is a
covered transaction under that agency's regulation for debarment and suspension; or (c) Act as a principal of a person participating in one of those covered transactions.