2 CFR 180.220 - Are any procurement contracts included as covered transactions?

§ 180.220 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

(2) Do include some procurement contracts awarded by non-Federal participants in nonprocurement covered transactions.

(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 § 180.210, and the amount of the contract is expected to equal or exceed $25,000.

(2) The contract requires the consent of an official of a Federal agency. 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) A subcontract also is a covered transaction if, -

(1) It is awarded by a participant in a procurement transaction under a nonprocurement transaction of a Federal agency that extends the coverage of paragraph (b)(1) of this section to additional tiers of contracts (see the diagram in the appendix to this part showing that optional lower tier coverage); and

(2) The value of the subcontract is expected to equal or exceed $25,000.

[ 70 FR 51865, Aug. 31, 2005, as amended at 71 FR 66432, Nov. 15, 2006]

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.

Presidential Documents

Executive Order ... 12549

Executive Order ... 12689

Title 2 published on 20-Feb-2018 03:39

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 2 CFR Part 180 after this date.

  • 2015-07-30; vol. 80 # 146 - Thursday, July 30, 2015
    1. 80 FR 45395 - Guidance for Reporting and Use of Information Concerning Recipient Integrity and Performance
      GPO FDSys XML | Text
      Final rule; change in effective date.
      The effective date for the final guidance published July 22, 2015 (80 FR 43301), is changed from January 1, 2016, to July 30, 2015. The applicability date of the final guidance remains January 1, 2016.
      2 CFR Parts 180 and 200
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