Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 15 - Commerce and Foreign Trade |
Subtitle A - Office of the Secretary of Commerce |
Part 29 - [Reserved] |
Subpart F - Definitions |
§ 29.605 - Award.
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Award means an award of financial assistance by the Department of Commerce or other Federal agency directly to a recipient.
(a) The term award includes:
(1) A Federal grant or cooperative 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 the Governmentwide rule 15 CFR Part 24 that implements OMB Circular A–102 (for availability, see 5 CFR 1310.3) 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).