2 C.F.R. § 180.970

Nonprocurement transaction.

Last amended: 2024Year: 2026Length: 65 wordsSubsections: 2Official source

Cite as 2 C.F.R. § 180.970 (2026)

(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; and (11) Donation agreements. (b) A nonprocurement transaction at any tier does not require the transfer of Federal funds.
2 C.F.R. § 180.970: Nonprocurement transaction. | Justis AI