[Code of Federal Regulations] [Title 14, Volume 5] [Revised as of January 1, 2006] From the U.S. Government Printing Office via GPO Access [CITE: 14CFR1265.325] [Page 396] TITLE 14--AERONAUTICS AND SPACE SPACE ADMINISTRATION PART 1265_GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT) --Table of Contents Subpart C_Responsibilities of Participants Regarding Transactions Sec. 1265.325 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.