{"data":{"id":"us/2-cfr-180.200","jurisdiction":"us","citation":"2 CFR 180.200","heading":"What is a covered transaction?","body":"A covered transaction is a nonprocurement or procurement transaction subject to this part's prohibitions. It may be a transaction at:\n(a) The primary tier, between a Federal agency and a person (see Appendix to this part); or\n(b) A lower tier between a participant in a covered transaction and another person.","path":["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"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-2.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:23:42Z","sha256":"af46a48722d3fbb4fb73f083efa7c37ce6c0e3a6de85ff8165dccba980adf89d","source_id":"us-cfr","stale":true,"prev":"us/2-cfr-180.155","next":"us/2-cfr-180.205"},"notice":"GroundRules: Original legal text. Not legal advice."}