14 CFR 1265.200 - What is a covered transaction?

Code of Federal Regulations - Title 14: Aeronautics and Space

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Title 14: Aeronautics and Space

CHAPTER V: NATIONAL AERONAUTICS ANDSPACE ADMINISTRATION

PART 1265: GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)

Subpart B: Covered Transactions

1265.200 - What is a covered transaction

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.

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