2 C.F.R. § 3001.605

Current through May 31, 2024
Section 3001.605 - Award

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.

2 C.F.R. § 3001.605