---
kind: "section"
citation: "2 C.F.R. § 180.200"
title: "2"
number: "180.200"
heading: "What is a covered transaction?"
url: "https://uscodex.org/cfr/2/180.200"
---

# §180.200. What is a covered transaction?


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.**

## Notes

### Authority

Authority: 31 U.S.C. 503; 31 U.S.C. 6102; 31 U.S.C. 6307; Pub. L. 103-355; Pub. L. 109-282; Pub. L. 110-252; Pub. L. 111-84; Pub. L. 113-101Pub. L. 115-232; Pub. L. 117-40; E.O. 12549; E.O. 12689.

### Source

Source: 89 FR 30115, Apr. 22, 2024, unless otherwise noted.