[Code of Federal Regulations]

[Title 34, Volume 1]

[Revised as of July 1, 2006]

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

[CITE: 34CFR85.405]



[Page 270]

 

                           TITLE 34--EDUCATION

 

PART 85_GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)--Table 

of Contents

 

    Subpart D_Responsibilities of ED Officials Regarding Transactions

 

Sec.  85.405  May I enter into a covered transaction with a participant 

if a principal of the transaction is excluded?



    As an agency official, you may not enter into a covered transaction 

with a participant if you know that a principal of the transaction is 

excluded, unless you obtain an exception under Sec.  85.120.



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. 103-355, 108 Stat. 3243 at 3327.