{"data":{"id":"us/2-cfr-180.405","jurisdiction":"us","citation":"2 CFR 180.405","heading":"May I enter into a covered transaction with a participant if a principal of the transaction is excluded?","body":"As a Federal agency official, you may not enter into a covered transaction with a participant if you know that a principal of the transaction is excluded unless you obtain an exception under § 180.135.","path":["Title 2—Federal Financial Assistance","Subtitle A—Office of Management and Budget Guidance for Federal Financial Assistance","CHAPTER I—OFFICE OF MANAGEMENT AND BUDGET GOVERNMENT-WIDE GUIDANCE FOR FEDERAL FINANCIAL ASSISTANCE","PART 180—OMB GUIDELINES TO AGENCIES ON GOVERNMENT-WIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)","Subpart D—Responsibilities of Federal Agency Officials Regarding Transactions"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-2.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:23:42Z","sha256":"5f882df7692a189f270977cddcf416eb958759491d4d323d6e73571f6f556a38","source_id":"us-cfr","stale":true,"prev":"us/2-cfr-180.400","next":"us/2-cfr-180.410"},"notice":"GroundRules: Original legal text. Not legal advice."}