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• The temporary disqualification of a firm or individual from contracting with the government or participating in government programs, pending the outcome of an investigation, an indictment, or on adequate evidence that supports claims of program violations. A suspension means that an individual or entity is immediately excluded from participating in further federal executive branch procurement and non-procurement programs. Suspension frequently leads to debarment.

  Federal Housing Finance Agency, Office of Inspector General - Cite This Source - This Definition
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  Cite Definition for Suspension

  American Psychological Association (APA)

  Suspension. (n.d.). Federal Housing Finance Agency Glossary of Terms. Retrieved June 9, 2023, from website: http://www.expertglossary.com/definition/suspension.

  Chicago Manual of Style (CMS)

  Suspension. fhfaoig.gov. Federal Housing Finance Agency Glossary of Terms. Federal Housing Finance Agency, Office of Inspector General. http://www.expertglossary.com/definition/suspension (accessed: June 9, 2023).

  Modern Language Association (MLA)

  "Suspension." Federal Housing Finance Agency Glossary of Terms. Federal Housing Finance Agency, Office of Inspector General. 9 June. 2023 http://www.expertglossary.com/definition/suspension.

• Browse Related Terms: First Mortgage, Guarantee, Hazard Insurance, Lender-Placed Insurance, Lien, mortgage, Mortgage Insurance (MI), second mortgage, Suspension

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