Statutory debarment is a legal process that prohibits individuals or entities from participating in federal contracts, grants, or other federally funded activities due to specific violations, such as fraud, misconduct, or criminal offenses. This action is often mandated by law and serves to protect the integrity of federal programs by ensuring that only responsible parties can engage in government transactions. Debarment can be temporary or permanent, depending on the severity of the offense and the governing regulations.
Statutory Body
what is the difference between statutory audit and non statutory audit.
statutory expenses
What is statutory inducements
A statutory body deals with written law; non-statutory deals with implied law.
what is statutory fund
There is no statutory lending ratio.
==One Answer== There is no textbook definition for a "statutory estate" in the U.S. Perhaps you are referring to the statutory right of a spouse to waive the will and take a statutory share of the estate instead.
what are the statutory reserves of a company?
legal and non legal
statutory agencies are supported by the government such as schools, where as voluntary agencies have to support them selves e.g charities.
A statutory financial statement is a financial statement of an insurance company prepared in accordance with statutory accounting standards.