34 CFR 85.325 - What happens if I do business with an excluded person in a covered transaction?

Code of Federal Regulations - Title 34: Education (December 2005)

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U.S. Code - Title 20: Education - 20 USC 1082 - Sec. 1082. Legal powers and responsibilities

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Text:

TITLE 34 - EDUCATION

SUBTITLE A - OFFICE OF THE SECRETARY, DEPARTMENT OF EDUCATION

PART 85 - GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)

subpart c - RESPONSIBILITIES OF PARTICIPANTS REGARDING TRANSACTIONS

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

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.

Authority: E.O. 12549 (3 CFR, 1986 Comp., p. 189); E.O 12689 (3 CFR, 1989 Comp., p. 235); 20 U.S.C. 1082, 1094, 1221e-3 and 3474; and Sec.

2455, Pub. L. 103355, 108 Stat. 3243 at 3327.