Code of Federal Regulations (Last Updated: May 6, 2024) |
Title 2 - Grants and Agreements |
Subtitle A - Office of Management and Budget Guidance for Grants and Agreements |
Chapter I - Office of Management and Budget Governmentwide Guidance for 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?
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§ 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.