Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 20 - Employees' Benefits |
Chapter III - Social Security Administration |
Part 436 - GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT) |
Subpart B - Covered Transactions |
§ 436.200 - What is a covered transaction?
Latest version.
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A covered transaction is a nonprocurement or procurement transaction that is subject to the prohibitions of this part. It may be a transaction at—
(a) The primary tier, between a Federal agency and a person (see appendix to this part); or
(b) A lower tier, between a participant in a covered transaction and another person.