24 C.F.R. § 24.200   What is a covered transaction?


Title 24 - Housing and Urban Development


Title 24: Housing and Urban Development
PART 24—GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)
Subpart B—Covered Transactions

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§ 24.200   What is a covered transaction?

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.

(c) In the case of employment contracts that are covered transactions, each salary payment under the contract is a separate covered transaction.

[68 FR 66544, 66594, 66596, Nov. 26, 2003]

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