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§32.115 How does an exclusion restrict a person's involvement in covered transactions?
With the exceptions stated in §§32.120, 32.315, and 32.420, a person who is excluded by the EPA or any other Federal agency may not:
(a) Be a participant in a(n) EPA transaction that is a covered transaction under subpart B of this part;
(b) Be a participant in a transaction of any other Federal agency that is a covered transaction under that agency's regulation for debarment and suspension; or
(c) Act as a principal of a person participating in one of those covered transactions.