Debarment
Business› Finance› Personal Finance
Mortgage
Disqualification of a firm or individual from contracting with the government or participating in government non-procurement transactions for a specific period of time. The grounds for debarment may be either statutory or administrative.
- — Federal Housing Finance Agency Glossary of Terms retrieved 2014-05-26
H-1B Visa
Debarment is the prohibition from participating in all immigration programs for a set period of time. Debarment does not invalidate the visas for H-1B workers already employed; however, no extensions will be granted. The Wage and Hour Division maintains a current online list of such debarred employers, List of H-1B willful violators.
- — H-1B Advisor Glossary retrieved 2014-06-01