[Code of Federal Regulations]

[Title 24, Volume 1]

[Revised as of April 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 24CFR24.325]



[Page 253]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

PART 24_GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)--Table 

of Contents

 

    Subpart C_Responsibilities of Participants Regarding Transactions

 

Sec.  24.325  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.