Code of Federal Regulations · Section

§ 19.200 — What Is A Covered Transaction?

31 C.F.R. § 19.200

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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.

Authorizing Statute