18 CFR §1302.2
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
This part applies to any program for which financial assistance is provided by TVA. The types of Federal financial assistance to which this part applies are listed in appendix A of this part. Financial assistance, as used in this part, includes the grant or loan of money; the donation of real or personal property; the sale, lease, or license of real or personal property for a consideration which is nominal or reduced for the purpose of assisting the recipient; the waiver of charges which would normally be made, in order to assist the recipient; the entry into a contract where a purpose is to give financial assistance to the contracting party; and similar transactions. This part does not apply to:
- (a)Any financial assistance by way of insurance or guaranty contracts,
- (b)Money paid, property transferred, or other assistance extended before the effective date of this part,
- (c)Any assistance to any individual who is the ultimate beneficiary, or
- (d)Any employment practice, under any such program, of any employer, employment agency, or labor organization, unless such practice exists in a program where a primary objective of the TVA financial assistance is to provide employment; or where such practice subjects persons to discrimination in the provision of services and benefits on the grounds of race, color, or national origin in a program or activity receiving Federal financial assistance from TVA.