§ 98.115 - Policy.  


Latest version.
  • With the exceptions stated in §§98.120, 98.315, and 98.420, a person who is excluded by the Department of Labor or any other Federal agency may not:

    (a) Be a participant in a(n) Department of Labor 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.