[Code of Federal Regulations] [Title 13, Volume 1] [Revised as of January 1, 2007] From the U.S. Government Printing Office via GPO Access [CITE: 13CFR145.220] [Page 558-559] TITLE 13--BUSINESS CREDIT AND ASSISTANCE CHAPTER I--SMALL BUSINESS ADMINISTRATION PART 145_GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)--Table of Subpart B_Covered Transactions Sec. 145.220 Are any procurement contracts included as covered transactions? (a) Covered transactions under this part-- (1) Do not include any procurement contracts awarded directly by a Federal agency; but [[Page 559]] (2) Do include some procurement contracts awarded by non-Federal participants in nonprocurement covered transactions (see appendix to this part). (b) Specifically, a contract for goods or services is a covered transaction if any of the following applies: (1) The contract is awarded by a participant in a nonprocurement transaction that is covered under Sec. 145.210, and the amount of the contract is expected to equal or exceed $25,000. (2) The contract requires the consent of a(n) SBA official. In that case, the contract, regardless of the amount, always is a covered transaction, and it does not matter who awarded it. For example, it could be a subcontract awarded by a contractor at a tier below a nonprocurement transaction, as shown in the appendix to this part. (3) The contract is for federally-required audit services. (c) The contract is awarded by any contractor, subcontractor, supplier, consultant or its agent or representative in any transaction, regardless of tier, to be funded or provided by the SBA under a nonprocurement transaction that is expected to equal or exceed $25,000. (See optional lower tier coverage shown in the diagram in the appendix to this part.)