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22 CFR § 1006.305 - May I enter into a covered transaction with an excluded or disqualified person?

---
identifier: "/us/cfr/t22/s1006.305"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "22 CFR § 1006.305 - May I enter into a covered transaction with an excluded or disqualified person?"
title_number: 22
title_name: "Foreign Relations"
section_number: "1006.305"
section_name: "May I enter into a covered transaction with an excluded or disqualified person?"
chapter_name: "INTER-AMERICAN FOUNDATION"
part_number: "1006"
part_name: "GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "Sec. 2455, Pub. L. 103-355, 108 Stat. 3327 (31 U.S.C. 6101 note); E.O. 12549, 3 CFR, 1986 Comp., p. 189; E.O. 12689, 3 CFR, 1989 Comp., p. 235."
cfr_part: "1006"
---

# 1006.305 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 Inter-American Foundation grants an exception under § 1006.120.

(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.