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What is the definition of a subgrant and a subcontract?

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What is the definition of a subgrant and a subcontract?

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In order to answer this question, we refer to the definition of award, subaward, and subreceipient from EPA‘s Uniform Administrative requirements for Grants and Agreements with Institutions of Higher Education, Hospitals and Other Non-Profit Organizations located at 40 CFR 30.2. Award means financial assistance that provides support or stimulation to accomplish a public purpose. Awards include grants and other agreements in the form of money or property in lieu of money, by the Federal Government to an eligible recipient. The term does not include: technical assistance, which provides services instead of money; other assistance in the form of loans, loan guarantees, interest subsidies, or insurance; direct payments of any kind to individuals; and, contracts which are required to be entered into and administered under procurement laws and regulations. Subaward means an award of financial assistance in the form of money, or property in lieu of money, made under an award by a recipient to

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