If a recipient is determined to have violated this part, as described in Sec. 312.500 or Sec. 312.505, the Peace Corps may take one or more of the following actions--
(a) Suspension of payments under the award;
(b) Suspension or termination of the award; and
(c) Suspension or debarment of the recipient under 22 CFR part 310, for a period not to exceed five years.