Grant
In general terms, the word ‘grant’ refers to allowing permission for someone to do something.
It can also refer to money given to a person or organisation by a body such as the government for a specific purpose.
Functional Standards Common Glossary, published by the Cabinet Office, states: ‘Grant schemes are created to deliver a specific policy area, generally providing for a number of individual awards that sit within the scheme.’
‘A grant award is made to meet one of the objectives of the grant scheme. Grant awards can be made to organisations, registered and unregistered entities and individuals.’
And a grant agreement is: ‘an agreement that provides a legal framework and sets out details of the grant including what the funding is to be used for, what expenditure is expressly eligible and ineligible, together with details of the payment model, performance and monitoring regime, termination and clawback provision, and financial reconciliation.’
The glossary of statistical terms, published by the Organisation for Economic Co-operation and Development (OECD), defines grants as: ‘…transfers made in cash, goods or services for which no repayment is required.’
[edit] Related articles on Designing Buildings
- Bridging loan.
- Collateral.
- Construction loan.
- Defective Concrete Blocks Grant Scheme.
- Derogation from grant.
- Funding.
- General grant.
- Green Homes Grant.
- Grant-in-aid.
- Mezzanine finance.
- Mortgage.
- PF2.
- Private Finance Initiative.
- Project-based funding.
- Property development finance.
- Uncompeted grant.
- Water Environment Grant.
Featured articles and news
Exchange for Change for UK deposit return scheme
The UK Deposit Management Organisation established to deliver Deposit Return Scheme unveils trading name.
A guide to integrating heat pumps
As the Future Homes Standard approaches Future Homes Hub publishes hints and tips for Architects and Architectural Technologists.
BSR as a standalone body; statements, key roles, context
Statements from key figures in key and changing roles.
ECA launches Welsh Election Manifesto
ECA calls on political parties 100 day milestone to the Senedd elections.
Resident engagement as the key to successful retrofits
Retrofit is about people, not just buildings, from early starts to beyond handover.
Plastic, recycling and its symbol
Student competition winning, M.C.Esher inspired Möbius strip design symbolising continuity within a finite entity.
Do you take the lead in a circular construction economy?
Help us develop and expand this wiki as a resource for academia and industry alike.
Warm Homes Plan Workforce Taskforce
Risks of undermining UK’s energy transition due to lack of electrotechnical industry representation, says ECA.
Cost Optimal Domestic Electrification CODE
Modelling retrofits only on costs that directly impact the consumer: upfront cost of equipment, energy costs and maintenance costs.
The Warm Homes Plan details released
What's new and what is not, with industry reactions.
Could AI and VR cause an increase the value of heritage?
The Orange book: 2026 Amendment 4 to BS 7671:2018
ECA welcomes IET and BSI content sign off.
How neural technologies could transform the design future
Enhancing legacy parametric engines, offering novel ways to explore solutions and generate geometry.
Key AI related terms to be aware of
With explanations from the UK government and other bodies.
From QS to further education teacher
Applying real world skills with the next generation.