
NCUA says the final procedures closely follow the suspension and debarment procedures of the Federal Acquisition Regulation, which already applies to government contractors. Where they vary, they do so only with respect to adjudication processes, the agency says.
The NCUA Board issued a notice for comment in March. The agency says the final notice, which sets forth administrative processes for contractors, will also be accessible via NCUA’s public website (www.ncua.gov).
NCUA Suspension and Debarment Procedures (Federal Register notice)