[Code of Federal Regulations] [Title 29, Volume 4] [Revised as of July 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 29CFR1471.305] [Page 124] TITLE 29--LABOR AND CONCILIATION SERVICE PART 1471_GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT) --Table of Contents Subpart C_Responsibilities of Participants Regarding Transactions Sec. 1471.305 May I enter into a covered transaction with an excluded or disqualified person? (a) You as a participant may not enter into a covered transaction with an excluded person, unless the Federal Mediation and Conciliation Service grants an exception under Sec. 1471.120. (b) You may not enter into any transaction with a person who is disqualified from that transaction, unless you have obtained an exception under the disqualifying statute, Executive order, or regulation.