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2 CFR 180.200

§ 180.200 What is a covered transaction?

United States · 2 CFR — Federal Financial Assistance · Status: effective

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2 CFR 180.200, § 180.200 What is a covered transaction?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/538
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A covered transaction is a nonprocurement or procurement transaction subject to this part's prohibitions. 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.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.