GroundRules
2 CFR 180.200: What is a covered transaction?
Where this section sits in the code
- Title 2—Federal Financial Assistance
- Subtitle A—Office of Management and Budget Guidance for Federal Financial Assistance
- CHAPTER I—OFFICE OF MANAGEMENT AND BUDGET GOVERNMENT-WIDE GUIDANCE FOR FEDERAL FINANCIAL ASSISTANCE
- PART 180—OMB GUIDELINES TO AGENCIES ON GOVERNMENT-WIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)
- Subpart B—Covered Transactions
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.
Collected 2026-08-27T02:23:42Z. Source file · JSON