What is a covered transaction?

CFR · 2024-01-01 · US · Title 2

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.

official document · source cfr-2024 · id 2:§ 180.200