2 C.F.R. § 182.650

Current through September 30, 2024
Section 182.650 - [Effective 10/1/2024] Grant

Grant 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.

2 C.F.R. §182.650

89 FR 30130, 10/1/2024