208.400—May I enter into a transaction with an excluded or disqualified person?
(a)
You as an agency official may not enter into a covered transaction with an excluded person unless you obtain an exception under § 208.120.
(b)
You may not enter into any transaction with a person who is disqualified from that transaction, unless you obtain a waiver or exception under the statute, Executive order, or regulation that is the basis for the person's disqualification.