{"data":{"id":"us/31-cfr-19.220","jurisdiction":"us","citation":"31 CFR 19.220","heading":"Are any procurement contracts included as covered transactions?","body":"(a) Covered transactions under this part—\n(1) Do not include any procurement contracts awarded directly by a Federal agency; but\n(2) Do include some procurement contracts awarded by non-Federal participants in nonprocurement covered transactions (see appendix to this part).\n(b) Specifically, a contract for goods or services is a covered transaction if any of the following applies:\n(1) The contract is awarded by a participant in a nonprocurement transaction that is covered under § 19.210, and the amount of the contract is expected to equal or exceed $25,000.\n(2) The contract requires the consent of a(n) Department of the Treasury official. In that case, the contract, regardless of the amount, always is a covered transaction, and it does not matter who awarded it. For example, it could be a subcontract awarded by a contractor at a tier below a nonprocurement transaction, as shown in the appendix to this part.\n(3) The contract is for federally-required audit services.","path":["Title 31—Money and Finance: Treasury","Subtitle A—Office of the Secretary of the Treasury","PART 19—GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)","Subpart B—Covered Transactions"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-31.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:25Z","sha256":"4a0e78d6d1def3084e32c190f0bd77a01cf57c8e5e99b70e9b0e0288a3b8110a","source_id":"us-cfr","stale":true,"prev":"us/31-cfr-19.215","next":"us/31-cfr-19.225"},"notice":"GroundRules: Original legal text. Not legal advice."}