Current through September 30, 2024
Section 182.650 - [Effective 10/1/2024] GrantGrant means an award of financial assistance that, consistent with 31 U.S.C. 6304 , is used to enter into a relationship:
(a) The principal purpose of which is to transfer a thing of value to the recipient to carry out a public purpose of support or stimulation authorized by a law of the United States rather than to acquire property or services for the Federal Government's direct benefit or use; and(b) In which substantial involvement is not expected between the Federal agency and the recipient when carrying out the activity contemplated by the award.