What happens if I do business with an excluded person in a covered transaction?

2 C.F.R. § 180.325
in effectEffective: 2024-07-01
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If as a participant you knowingly do business with an excluded person, the Federal agency responsible for your transaction may disallow costs, annul or terminate the transaction, issue a stop work order, debar or suspend you, or take other remedies as appropriate.

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