What is a covered transaction?
22 C.F.R. § 1006.200
in effectEffective: 2024-07-01A 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.
Source: eCFRURL: https://www.ecfr.gov/api/versioner/v1/full/2024-07-01/title-22.xmlFetched: 7/26/2026
