CFR > Title 22 - Foreign Relations > CHAPTER XV—AFRICAN DEVELOPMENT FOUNDATION > PART 1508—GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT) > SUBPART B—Covered Transactions (§1508.200 to §1508.225) > 1508.200—What is a covered transaction?

1508.200—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.