§ 180.200 - What is a covered transaction?  


Latest version.
  • § 180.200 What is a covered transaction?

    A covered transaction is a nonprocurement or procurement transaction that is subject to the prohibitions of this part's prohibitions. It may be a transaction at—at:

    (a) The primary tier, between a Federal agency and a person (see appendix Appendix to this part); or

    (b) A lower tier , between a participant in a covered transaction and another person.