(one) Is utilized to enter right into a connection the principal reason of and that is to transfer something of price from the Federal awarding agency or pass-by means of entity to your non-Federal entity to execute a public objective approved by a legislation of The usa (see 31 U.
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(a) This segment is made up of provisions that apply to awards to industrial businesses. These provisions are In combination with other applicable provisions of the part, or they make exceptions from other provisions of this portion for awards to business businesses.
means a bunch of Federal awards possibly awarded underneath a certain system or team of courses or to a certain kind of non-Federal entity or team of non-Federal entities to which certain provisions or exceptions might utilize.
(one) The term “direct loan” suggests a disbursement of money via the Federal Authorities to a non-Federal borrower underneath a contract that requires the repayment of these types of funds with or devoid of interest. The phrase includes the purchase of, or participation in, a financial loan produced by An additional lender more info and financing preparations that defer payment for more than 90 days, such as the sale of the Federal Government asset on credit score phrases.
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Sec. four. The form and treatments for creating nominations for this award shall be prescribed because of the Director from the Business of Personnel Management, in accord with the following ideas: