The term award in the context of aeronautics and space refers to a grant or cooperative agreement provided by NASA. This support is intended to help achieve a public purpose, such as funding research, training, or educational initiatives. Awards can take the form of money or property, but do not include loans, direct payments to individuals, or contracts governed by procurement laws.
Awards are primarily used in the realm of grants and cooperative agreements. They are significant in various legal practices, particularly in research and education sectors. Users may encounter forms related to grant applications or cooperative agreements, which can often be managed through templates available from US Legal Forms. Understanding the award process is essential for institutions seeking funding from NASA or similar entities.
Here are a couple of examples of abatement:
Example 1: A university receives a research grant from NASA to study the effects of microgravity on plant growth. This funding supports the university's public research objectives.
Example 2: A nonprofit organization is awarded a training grant to develop educational programs in aeronautics for underprivileged youth (hypothetical example).
Pursuant to 14 CFR 1260.102, the definition and scope of awards are outlined, detailing what constitutes an award and what is excluded. This regulation governs the administration of grants and cooperative agreements by NASA.
| Term | Definition | Key Differences |
|---|---|---|
| Award | A grant or cooperative agreement providing support for a public purpose. | Includes funding for research, training, and education. |
| Contract | A legally binding agreement for services or goods. | Contracts are governed by procurement laws and do not provide public support. |
| Loan | A sum of money borrowed that is expected to be paid back with interest. | Loans require repayment and are not considered awards. |
If you are seeking an award from NASA, begin by identifying the type of grant or cooperative agreement that fits your needs. Prepare your application using templates available from US Legal Forms to streamline the process. If your situation is complex, consider consulting a legal professional for tailored advice.
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NASA provides research grants, training grants, educational grants, and cooperative agreements.