2 C.F.R. § 1600.220

Current through October 31, 2024
Section 1600.220 - What contracts and subcontracts are covered transactions?

First-tier procurements (i.e., primary contracts) under a covered nonprocurement transaction are covered transactions. Although the OMB guidance at 2 CFR 180.220(c) allows a Federal agency to do so (see also optional lower tier coverage in the figure in the appendix to 2 CFR part 180 ), DFC does not extend coverage of nonprocurement suspension and debarment requirements beyond first-tier procurement under a covered nonprocurement transaction. Moreover, for purposes of determining whether a procurement contract is included as a covered transaction, the threshold in 2 CFR 180.220(b) is increased from $25,000 to the "simplified acquisition threshold" as defined in 48 CFR 2.101 .

2 C.F.R. §1600.220

89 FR 34953 , 5/30/2024