19.120—May we grant an exception to let an excluded person participate in a covered transaction?
(a)
The Secretary of the Treasury may grant an
exception permitting an excluded
person to participate in a particular covered
transaction. If the Secretary of the Treasury
grants an exception, the exception must be in
writing and state the reason(s) for deviating from
the governmentwide policy in Executive Order
12549.
(b)
An exception granted by one agency for an
excluded person does not extend to the covered
transactions of another agency.