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The Grant Lifecycle Pre-Award Phase - Funding Opportunities and Application Review. Award Phase - Award Decisions and Notifications. Post Award - Implementation, Reporting, and Closeout.
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. Federal Grant Terminology - Grants.gov Grants.gov learn-grants grant-terminology Grants.gov learn-grants grant-terminology
The pre-award phase begins when the agency plans for the solicitation through Notice of Funding Opportunity (NOFOs) and ends after applications have been reviewed and scored. Applicants submit assurances and certifications verifying compliance with federal statutes as part of the pre-award process.
The Grant Lifecycle Each of the three phases has its own page that provides a more detailed look at the process: Pre-Award Phase - Funding Opportunities and Application Review. Award Phase - Award Decisions and Notifications. Post Award - Implementation, Reporting, and Closeout.
The term Federal award (A) means the transfer of anything of value for a public purpose of support or stimulation authorized by a law of the United States, including financial assistance and Government facilities, services, and property; (B) includes a grant, a subgrant, a cooperative agreement, or any other Definition: Federal award from 31 USC 6401(5) - Law.Cornell.Edu cornell.edu definitions uscode cornell.edu definitions uscode
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(a) Direct Federal financial assistance, Federal financial assistance provided directly, or direct funding means financial assistance received by an entity selected by the Government or a pass-through entity (as defined in this part) to carry out a service (e.g., by contract, grant, or cooperative agreement). 45 CFR 87.1 - Definitions. - Law.Cornell.Edu cornell.edu cfr text cornell.edu cfr text
Period of performance is defined at 2 CFR 200.1 as the total estimated time interval between the start of an initial Federal award and the planned end date, which may include one or more funded portions, or budget periods. G. Period of Performance | FEMA.gov fema.gov mitigation guide part-8 fema.gov mitigation guide part-8
Federal Award Date. The date when the Federal award is signed by the authorized official of the Federal awarding agency.

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