---
kind: "section"
citation: "22 C.F.R. § 1006.420"
title: "22"
number: "1006.420"
heading: "May I approve a transaction with an excluded or disqualified person at a lower tier?"
url: "https://uscodex.org/cfr/22/1006.420"
---

# §1006.420. May I approve a transaction with an excluded or disqualified person at a lower tier?


If a transaction at a lower tier is subject to your approval, you as an agency official may not approve—

- (a) A covered transaction with a person who is currently excluded, unless you obtain an exception under [§ 1006.120](/cfr/22/1006.120.md); or
- (b) A transaction with a person who is disqualified from that transaction, unless you obtain a waiver or exception under the statute, Executive order, or regulation that is the basis for the person's disqualification.

## Notes

### Authority

Authority: Sec. 2455, Pub. L. 103-355, 108 Stat. 3327 (31 U.S.C. 6101 note); E.O. 12549, 3 CFR, 1986 Comp., p. 189; E.O. 12689, 3 CFR, 1989 Comp., p. 235.