Sec. 2. Definitions
81 words·~1 min read·
/bill/116/s/3448/is/section-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In this Act: The term covered contract means a Federal contract for the procurement of property or services, including construction, valued in excess of $500,000. The term covered subcontract — means a subcontract for property or services under a Federal contract that is valued in excess of $500,000; and does not include a subcontract for the procurement of commercially available off-the-shelf items. The term executive agency has the meaning given the term in section 133 of title 41, United States Code.