[Code of Federal Regulations] [Title 2, Volume 1] [Revised as of January 1, 2007] From the U.S. Government Printing Office via GPO Access [CITE: 2CFR180.635] [Page 24] TITLE 2--GRANTS AND AGREEMENTS CHAPTER I--OFFICE OF MANAGEMENT AND BUDGET GOVERNMENTWIDE GUIDANCE FOR GRANTS AND AGREEMENTS PART 180_OMB GUIDELINES TO AGENCIES ON GOVERNMENTWIDE DEBARMENT AND SUSPENSION Subpart F_General Principles Relating to Suspension and Debarment Actions Sec. 180.635 May a Federal agency settle a debarment or suspension action? Yes, a Federal agency may settle a debarment or suspension action at any time if it is in the best interest of the Federal Government.