[Code of Federal Regulations]

[Title 32, Volume 1]

[Revised as of July 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 32CFR25.200]



[Page 111]

 

                       TITLE 32--NATIONAL DEFENSE

 

              CHAPTER I--OFFICE OF THE SECRETARY OF DEFENSE

 

PART 25_GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)--Table 

of Contents

 

                     Subpart B_Covered Transactions

 

Sec.  25.200  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.