§1508.325. What happens if I do business with an excluded person in a covered transaction?
22 C.F.R. § 1508.325
If as a participant you knowingly do business with an excluded person, we may disallow costs, annul or terminate the transaction, issue a stop work order, debar or suspend you, or take other remedies as appropriate.
Notes, amendments, and revision history
Authority
Authority: Sec. 2455, Pub.L. 103-355, 108 Stat. 3327; E.O. 12549, 3CFR, 1986 Comp., p.89; E.O. 12689, 3CFR, 1989 Comp., p. 235.
Source
Source: 68 FR 66590, 66592, Nov. 26, 2003, unless otherwise noted.