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§ 919.220 Are any procurement contracts included as covered transactions?

Regulation

5 CFR 919.220

Text

7 passages

5 CFR 919.220(a)(a) Covered transactions under this part—
5 CFR 919.220(a)(1)(1) Do not include any procurement contracts awarded directly by a Federal agency; but
5 CFR 919.220(a)(2)(2) Do include some procurement contracts awarded by non-Federal participants in nonprocurement covered transactions (see appendix to this part).
5 CFR 919.220(b)(b) Specifically, a contract for goods or services is a covered transaction if any of the following applies:
5 CFR 919.220(b)(1)(1) The contract is awarded by a participant in a nonprocurement transaction that is covered under § 919.210, and the amount of the contract is expected to equal or exceed $25,000.
5 CFR 919.220(b)(2)(2) The contract requires the consent of a(n) OPM official. 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.
5 CFR 919.220(b)(3)(3) The contract is for federally-required audit services.

About

Type
Regulation section
Citation
5 CFR 919.220
Last amended
2017-01-01

Amendment history

  1. 2017-01-01Are any procurement contracts included as covered transactions?

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