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Federal regulations · Through 2026-08-25 · Newer source version available

2 CFR 180.325: What happens if I do business with an excluded person in a covered transaction?

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Where this section sits in the code
  1. Title 2—Federal Financial Assistance
  2. Subtitle A—Office of Management and Budget Guidance for Federal Financial Assistance
  3. CHAPTER I—OFFICE OF MANAGEMENT AND BUDGET GOVERNMENT-WIDE GUIDANCE FOR FEDERAL FINANCIAL ASSISTANCE
  4. PART 180—OMB GUIDELINES TO AGENCIES ON GOVERNMENT-WIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)
  5. Subpart C—Responsibilities of Participants Regarding Transactions Doing Business With Other Persons

As a participant, if 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.

Collected 2026-08-27T02:23:42Z. Source file · JSON

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