Subpart 26.1 Indian Incentive Program
Subpart 26.2 Major Disaster or Emergency Assistance Activities
Subpart 26.3 Historically Black Colleges and Universities and Minority Institutions
Subpart 26.4 Food Donations to Nonprofit Organizations

Terms Used In 48 CFR Part 26 - Other Socioeconomic Programs

  • Contract: A legal written agreement that becomes binding when signed.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.