Penalties for false information

(a) Termination, suspension, and debarment If the head of an executive agency determines that a consulting firm described in section 3(a)(1) has knowingly submitted a false certification or information on or after the date on which the Federal Acquisition Regulatory Council amends the Federal Acquisition Regulation pursuant to such section, the head of the executive agency shall terminate the contract with the consulting firm and consider suspending or debarring the firm from eligibility for future Federal contracts in accordance with subpart 9.4 of the Federal Acquisition Regulation. (b) False Claims Act A consulting firm described in section 3(a)(1) that, for the purposes of the False Claims Act, knowingly hides or misrepresents one or more contracts with covered foreign entities, or otherwise violates the False Claims Act, shall be subject to the penalties and corrective actions described in the False Claims Act, including liability for three times the amount of damages which the United States Government sustains.