(a) The PE shall:
(1) Provide GSA notification of the information set forth in FAR 9.404(b) within five working days after debarring or suspending a contractor or modifying or rescinding such an action.
(2) Maintain agency-wide records of debarred or suspended contractors in accordance with FAR 9.404.
(b) Contracting activities shall provide an effective system to ensure that contracting staff consult the ``List of Parties Excluded from Federal Procurement and Nonprocurement Programs'' prior to soliciting offers from, awarding or extending contracts to, or consenting to subcontracts with contractors on the list.