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Code of Federal Regulations Title 2. Grants and Agreements § 2.3001.605 Award

Current as of October 02, 2022 | Updated by FindLaw Staff

Award means an award of financial assistance by a Federal agency directly to a recipient.

(a) The term award includes:

(1) A Federal grant, cooperative agreement or reimbursable agreement, in the form of money or property in lieu of money.

(2) A block grant or a grant in an entitlement program, whether or not the grant is exempted from coverage under 2 CFR part 182 and specifies uniform administrative requirements.

(b) The term “award” does not include:

(1) Technical assistance that provides services instead of money.

(2) Loans.

(3) Loan guarantees.

(4) Interest subsidies.

(5) Insurance.

(6) Direct appropriations.

(7) Veterans' benefits to individuals (i.e., any benefit to veterans, their families, or survivors by virtue of the service of a veteran in the Armed Forces of the United States).

(8) Other Transactional Authority Award.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 2. Grants and Agreements § 2.3001.605 Award - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-2-grants-and-agreements/cfr-sect-2-3001-605/

Read this complete Code of Federal Regulations Title 2. Grants and Agreements § 2.3001.605 Award on Westlaw

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

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