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A
debarment sanction means that an individual, organization and its
affiliates are excluded from conducting business with any Federal
Agency government-wide. Depending upon the outcome of an investigation
or legal proceeding, a suspension may lead to debarment.
Debarment is the most serious compliance sanction and is generally
imposed for a three-year period. However, debarment can be imposed
for a longer period of time, if the Debarring Official determines
this action is necessary to protect the public interest. If a suspension
precedes a debarment, then the
suspension period is considered in determining the total length
of time that debarment is imposed.
Who
does HUD sanction?
The
following are some occupations that could be sanctioned:
- Landlords
- Loan
Officers
- Builders
and Developers
- Real
Estate Brokers or Agents
- Management
Agents
- Appraisers
and Inspectors
- Contractors
Causes
for Debarment Debarment
is imposed for criminal and/or serious HUD program violations, which
could include:
- Use of False Documents to Originate FHA-Insured Mortgages
- Diversion of Project Assets
- Embezzlement, Theft, Forgery
- False Statements, False Claims
- Bribery
For a more detailed explanation of debarment actions, see: Title
2, Code of Federal Regulations (CFR), Parts 180 and 2424.
For
general information on debarments and other exclusionary actions
taken by the Federal Government and to find a listing of individuals
and entities debarred by HUD, see: http://epls.gov/ |