BACK TO NACUANOTEFN14. See
FAR Case 2007-013, Employment Eligibility Verification, 73 Fed. Reg. at 67,669, 67,679. A grant is defined as 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. 31 C.F.R. § 20.650. A cooperative
agreement is defined as an award of financial assistance that, consistent with
31 U.S.C. 6305, is used to enter into the same kind of relationship as a grant . . .
except that substantial involvement is expected between the Federal agency and the
recipient when carrying out the activity contemplated by the award. 31 C.F.R. § 20.620. |