Law360, New York ( June 4, 2012, 1:43 PM EDT) -- The threat of a suspension or debarment by a federal procurement agency has long been a federal contractor's worst nightmare because of the risk of exclusion from the federal marketplace, reputational damage and other potential adverse consequences. Suspensions and debarments bar a contractor from receiving any new contracts (and virtually all new orders under existing contracts) on a government-wide basis during the period of the suspension (typically up to a year and a half) or debarment (generally up to three years)....
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