§ 98.415 - Period of suspension.

Latest Version
Updated Versions
- Tuesday, November 1, 2011
- Thursday, January 1, 1998
Related Notices
- 2016-10015. Direct final rule. 2016-10015. Department of Labor Implementation of OMB Guidance on Nonprocurement Debarment and Suspension
- 2016-10014. Notice of proposed rulemaking. 2016-10014. Department of Labor Implementation of OMB Guidance on Nonprocurement Debarment and Suspension

Latest version.

(a) You as an agency official may continue covered transactions with an excluded person, or under which an excluded person is a principal, if the transactions were in existence when the person was excluded. You are not required to continue the transactions, however, 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.
(b) You may not renew or extend covered transactions (other than no-cost time extensions) with any excluded person, or under which an excluded person is a principal, unless you obtain an exception under §98.120.

                    
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