{"data":{"id":"us/31-cfr-19.415","jurisdiction":"us","citation":"31 CFR 19.415","heading":"What must I do if a Federal agency excludes the participant or a principal after I enter into a covered transaction?","body":"(a) You as an agency official may continue covered transactions with an excluded person, or under which an excluded person is a principal, if the transactions were in existence when the person was excluded. You are not required to continue the transactions, however, and you may consider termination. You should make a decision about whether to terminate and the type of termination action, if any, only after a thorough review to ensure that the action is proper.\n(b) You may not renew or extend covered transactions (other than no-cost time extensions) with any excluded person, or under which an excluded person is a principal, unless you obtain an exception under § 19.120.","path":["Title 31—Money and Finance: Treasury","Subtitle A—Office of the Secretary of the Treasury","PART 19—GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)","Subpart D—Responsibilities of Department of the Treasury Officials Regarding Transactions"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-31.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:25Z","sha256":"56c871e597d59338444ee4cc8a191bd7eba90c8f6f3fed9e2dd4f7ff41e76849","source_id":"us-cfr","stale":true,"prev":"us/31-cfr-19.410","next":"us/31-cfr-19.420"},"notice":"GroundRules: Original legal text. Not legal advice."}