CFR > Title 2 - Grants and Agreements > SUBTITLE B—Federal Agency Regulations for Grants and Agreements > CHAPTER XXIV—DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (parts 2424 to 2424) > PART 2424—NONPROCUREMENT DEBARMENT AND SUSPENSION > SUBPART B—Covered Transactions (§2424.220 to §2424.220) > 2424.220—What contracts and subcontracts, in addition to those listed in 2 CFR 180.220, are covered transactions?

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 ).