Award

{
  "id": "MLC-T-ENV-002560",
  "term": "Award",
  "field": "Environment",
  "definition": "1. Financial assistance that provides support or stimulation to accomplish a public purpose. Awards include grants and other agreements in the form of money or property in lieu of money by the Federal Government to an eligible recipient. The term does not include: technical assistance which provides services instead of money, other assistance in the form of leans, loan guarantees, interest subsidies, or insurance; direct payments of any kind to individuals, and contracts which are required to be entered into and administered under procurement laws and regulations. (40 CFR Part 30)\n\n2. Grants, cost reimbursement contracts and other agreements between a State, local and Indian tribal government and the Federal Government. (OMB Circular A 87)\n\n3. Refers to free-standing statues and boardlike products generally used as wall-hangings.",
  "subject": "Laws, regulations and executive orders",
  "references": [
    "Grants and Debarment Glossary",
    "40 CFR 247.3 (CFR 2013)"
  ],
  "url": "https://mlchart.com/terminology/environment/award/"
}