Nonprocurement Transaction Law and Legal Definition

According to 2 CFR 180.970 (Title 2, Grants and Agreements; Subtitle A, Office of Management and Budget Guidance for Grants and Agreements ; Chapter I, Office of Management And Budget Governmentwide Guidance For Grants And Agreements Part 180, OMB Guidelines to Agencies on Governmentwide Debarment and Suspension (Nonprocurement);Subpart I – Definitions) the term “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.

(11) Donation agreements.

(b) A nonprocurement transaction at any tier does not require the transfer of Federal funds.”