What is the difference between a Subgrant and a Subcontract?
These definitions were taken 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. o Award: “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.” o Subaward: “An award of financial assistance in the form of money, or property in lieu of money, made under an award by a recipient to an eligible subrecipient or by a subrecipient to a lower tier subrecipi
