Grant Agreement

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A Grant Agreement is a contractual agreement or set of financial assistance terms and conditions between grantor and grantee.



References

(a) Is used to enter into a relationship the principal purpose of which is to transfer anything of value from the Federal awarding agency or pass-through entity to the non-Federal entity to carry out a public purpose authorized by a law of the United States (see 31 U.S.C. 6101(3)); and not to acquire property or services for the Federal awarding agency or pass-through entity's direct benefit or use;
(b) Is distinguished from a cooperative agreement in that it does not provide for substantial involvement between the Federal awarding agency or pass-through entity and the non-Federal entity in carrying out the activity contemplated by the Federal award.
(c) Does not include an agreement that provides only:
  1. Direct United States Government cash assistance to an individual;
  2. A subsidy;
  3. A loan;
  4. A loan guarantee; or
  5. Insurance.