1. LawStack
  2. Title 22 - Foreign Relations
  3. Chapter X - INTER-AMERICAN FOUNDATION
  4. Part 1006 - GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)
  5. Subpart C - Responsibilities of Participants Regarding Transactions
  6. Topic - Doing Business With Other Persons
  7. 22 CFR § 1006.325
22 CFR § 1006.325
What happens if I do business with an excluded person in a covered transaction?
November 19, 2020
CFR

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.

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§ 1006.320 Must I verify that principals of my covered transactions are eligible to participate?
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§ 1006.330 What requirements must I pass down to persons at lower tiers with whom I intend to do business?

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