§1508.970. Nonprocurement transaction.

22 C.F.R. § 1508.970

(a)

Nonprocurement transaction means any transaction, regardless of type (except procurement contracts), including, but not limited to the following:

(1)

Grants.

(2)

Cooperative agreements.

(3)

Scholarships.

(4)

Fellowships.

(5)

Contracts of assistance.

(6)

Loans.

(7)

Loan guarantees.

(8)

Subsidies.

(9)

Insurances.

(10)

Payments for specified uses.

(11)

Donation agreements.

(b)

A nonprocurement transaction at any tier does not require the transfer of Federal funds.

Notes, amendments, and revision history

Authority: Sec. 2455, Pub.L. 103-355, 108 Stat. 3327; E.O. 12549, 3CFR, 1986 Comp., p.89; E.O. 12689, 3CFR, 1989 Comp., p. 235.

Source: 68 FR 66590, 66592, Nov. 26, 2003, unless otherwise noted.