[Code of Federal Regulations] [Title 29, Volume 4] [Revised as of July 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 29CFR1471.200] [Page 122] TITLE 29--LABOR AND CONCILIATION SERVICE PART 1471_GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT) --Table of Contents Subpart B_Covered Transactions Sec. 1471.200 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.