Award, for the purposes of this part, means an award of Federal financial assistance that a non-Federal entity described in § 25.110(a) receives or administers in the form of—
A grant;
A cooperative agreement (which does not include a cooperative research and development agreement pursuant to the Federal Technology Transfer Act of 1986, as amended (15 U.S.C. 3710a));
A loan;
A loan guarantee;
A subsidy;
Insurance;
Food commodities;
A direct appropriation;
Assessed or voluntary contributions; or
Any other financial assistance transaction that authorizes the non-Federal entity's expenditure of Federal funds.
An Award does not include:
Technical assistance, which provides services in lieu of money; and
A transfer of title to Federally owned property provided in lieu of money, even if the award is called a grant.
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