[Code of Federal Regulations]
[Title 2, Volume 1]
[Revised as of January 1, 2008]
From the U.S. Government Printing Office via GPO Access
[CITE: 2CFR2424.220]

[Page 244]
 
                     TITLE 2--GRANTS AND AGREEMENTS
 
        CHAPTER XXIV--DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
 
PART 2424_NONPROCUREMENT DEBARMENT AND SUSPENSION--Table of Contents
 
                     Subpart B_Covered Transactions
 
Sec. 2424.220  What contracts and subcontracts, in addition to those listed in 


2 CFR 180.220, are covered transactions?

    In addition to the contracts covered under 2 CFR 180.220(b) of the 
OMB guidance, this part applies to any contract, regardless of tier, 
that is awarded by a contractor, subcontractor, supplier, consultant, or 
its agent or representative in any transaction, if the contract is to be 
funded or provided by HUD under a covered nonprocurement transaction and 
the amount of the contract is expected to equal or exceed $25,000. This 
extends the coverage of the HUD nonprocurement suspension and debarment 
requirements to all lower tiers of subcontracts under covered 
nonprocurement transactions, as permitted under the OMB guidance at 2 
CFR 180.220(c) (see optional lower-tier coverage in the figure in the 
appendix to 2 CFR part 180).