§19.970. Nonprocurement transaction.
31 C.F.R. § 19.970
Nonprocurement transaction means any transaction, regardless of type (except procurement contracts), including, but not limited to the following:
Grants.
Cooperative agreements.
Scholarships.
Fellowships.
Contracts of assistance.
Loans.
Loan guarantees.
Subsidies.
Insurances.
Payments for specified uses.
Donation agreements.
A nonprocurement transaction at any tier does not require the transfer of Federal funds.
Notes, amendments, and revision history
Authority
Authority: Sec. 2455, Pub. L. 103-355, 108 Stat. 3327 (31 U.S.C. 6101 note); E.O. 11738 (3 CFR, 1973 Comp., p. 799); E.O. 12549 (3 CFR, 1986 Comp., p. 189); E.O. 12689 (3 CFR, 1989 Comp., p. 235).
Source
Source: 68 FR 66544, 66605, 66607, Nov. 26, 2003, unless otherwise noted.