Common use of Contractor Suspension and Debarment Clause in Contracts

Contractor Suspension and Debarment. If Contractor fails to perform any one of its obligations under the Contract Documents it will be in default and GDPM, at its sole discretion, may suspend rather than terminate this Agreement when GDPM believes that doing so would better serve its interest. In case of a suspension, the amount of compensation due to Contractor will be determined in the same manner as provided for in the Termination provision(s) set forth in Form HUD-5370-C General Conditions for Non-Construction Contracts Section 1 less any damage to GDPM resulting from Contractor’s breach or other default. Further, a contract award shall not be made available to parties listed on the government- wide Excluded Parties List System in the System for Award Management (XXX), in accordance with OMB guidelines at 2 CFR 180 that implement Executive Orders 12549 (3 CFR Part 1986 Comp., p. 189) and 12689 (3 CFR Part 1989 Comp., o.235), “Debarment and Suspension.” The Excluded Parties List System in XXX contains the names of parties debarred, suspended, or otherwise excluded by agencies, as well as parties declared ineligible under statutory or regulatory authority other than Executive Order 12549.

Contractor Suspension and Debarment. If Contractor fails to perform any one of its obligations under the Contract Documents it will be in default and GDPM, at its sole discretion, may suspend rather than terminate this Agreement when GDPM believes that doing so would better serve its interest. In case of a suspension, the amount of compensation due to Contractor will be determined in the same manner as provided for in the Termination provision(s) set forth in Form HUD-5370-C General Conditions for Non-Construction Contracts Section 1 herein less any damage to GDPM resulting from Contractor’s breach or other default. Further, a contract award shall not be made available to parties listed on the government- wide government‐wide Excluded Parties List System in the System for Award Management (XXX), in accordance with OMB guidelines at 2 CFR 180 that implement Executive Orders 12549 (3 CFR Part 1986 Comp., p. 189) and 12689 (3 CFR Part 1989 Comp., o.235), “Debarment and Suspension.” The Excluded Parties List System in XXX contains the names of parties debarred, suspended, or otherwise excluded by agencies, as well as parties declared ineligible under statutory or regulatory authority other than Executive Order 12549.