§1471.325. What happens if I do business with an excluded person in a covered transaction?
29 C.F.R. § 1471.325
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: E.O. 12549 ,3 CFR 1986 Comp., p. 189; E.O. 12698, 3 CFR 1989 Comp., p. 235; sec. 2455, Pub. L. 103-355, 108 Stat. 3327 (31 U.S.C. 6101 note); 29 U.S.C. 175a.
Source
Source: 68 FR 66544, 66603, 66604, Nov. 26, 2003, unless otherwise noted.