2 CFR 417.970 - Nonprocurement transaction.

Regulations last checked for updates: May 09, 2024

Title 2 - Grants and Agreements last revised: May 01, 2024

View all text of Subpart I [§ 417.930 - § 417.1010]

§ 417.970 - Nonprocurement transaction.

(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.

[84 FR 52996, Oct. 4, 2019]

authority: 5 U.S.C. 301; Pub. L. 101-576, 104 Stat. 2838; Sec. 2455, Pub. L. 103-355, 108 Stat. 3327 (31 U.S.C. 6101 note); 7 U.S.C. 2209j; E.O. 12549 (3 CFR, 1986 Comp., p. 189); E.O. 12698 (3 CFR, Comp., p. 235); 7 CFR 2.28

source: 75 FR 29185, May 25, 2010, unless otherwise noted.

cite as: 2 CFR 417.970