1. Regulations
  2. title 2
  3. chapter XXIV
  4. part 2424
  5. subpart I
  6. § 2424.970

View all text of Subpart I [§ 2424.952 - § 2424.1017]

§ 2424.970 - Nonprocurement transaction (HUD supplement to governmentwide definition at 2 CFR 180.970).

In the case of employment contracts that are covered transactions, each salary payment under the contract is a separate covered transaction.

AUTHORITY: Sec. 2455, Pub. L. 103-355, 108 Stat. 3327; E.O. 12549, 3 CFR, 1986 Comp., p. 189; E.O. 12689, 3 CFR, 1989 Comp., p. 235.

SOURCE: 72 FR 73487, Dec. 27, 2007, unless otherwise noted.

CITE AS: 2 CFR 2424.970