Page 117 - HaltomCityFY26Budget

City Of Haltom City Adopted Budget, FY2026 Supplemental Information

Glossary

• Grant Administrator: The individual responsible for the daily management of
grants, ensuring that all timelines, reporting, and compliance requirements are met
throughout the grant lifecycle.
• Grant Facilitator: The individual who coordinates communication between all
stakeholders involved in the grant process, monitors compliance updates, and
supports the administrative tasks associated with grant management.
• Grantee: The recipient of a grant who is responsible for implementing the project or
initiative funded by the grant and adhering to the terms and conditions outlined in
the grant agreement.
• Simplified Acquisition Threshold: The monetary limit defined by federal
regulations under which simplified procurement procedures may be used. This
threshold is published in the Federal Register and detailed in the Federal
Acquisition Regulation (FAR).
• HUB Program (Historically Underutilized Business Program): A program aimed at
increasing business opportunities for historically underutilized businesses by
requiring that a portion of the City’s expenditures be directed toward these
businesses, in accordance with applicable state laws.
• Procurement Act: Refers to the set of regulations and guidelines—such as those
found in 2 CFR, FAR, or specific state laws—that govern the competitive bidding,
selection process, and acquisition of goods or services for public funds.
• City Purchasing Policy: The City’s internal set of procedures and guidelines that
dictate how purchases, including grant-related procurements, are to be conducted
to ensure transparency, ethical conduct, and compliance with legal requirements.
• Grant Evaluation Committee: A group composed of individuals with diverse
expertise (technical, legal, financial) and stakeholder representation, responsible
for screening grant applications, assessing compliance, conducting risk
evaluations, and making final approval decisions on grants.