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Spanish to English translations [PRO] Bus/Financial - Business/Commerce (general) / Business
Spanish term or phrase:fondos concursables
I know what it means, but I'm having trouble coming up with a good English trnsaltion for this. The term refers to a government program that provides money for programs or projects in certain areas, but the money is provided as the "prize" in a competition. In other words, the projects have to "compete" for the funds, and only the best one gets the funding. Anyone come up with a simple equivalent in English?
public grant funds awarded through a bidding process
Explanation: Federal Renovation Grants for Public, Private and Charter Schools ...
... Grant funds awarded for services to private schools will be distributed to the ... Must
an LEA that receives funds comply with public bidding requirements? ...
Margarita Palatnik Local time: 08:55 Specializes in field Native speaker of: Spanish PRO pts in category: 410