[Code of Federal Regulations]
[Title 5, Volume 1]
[Revised as of January 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 5CFR451.102]

[Page 326]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
                CHAPTER I--OFFICE OF PERSONNEL MANAGEMENT
 
PART 451--AWARDS--Table of Contents
 
                        Subpart A--Agency Awards
 
Sec. 451.102  Definitions.

    Award means something bestowed or an action taken to recognize and 
reward individual or team achievement that contributes to meeting 
organizational goals or improving the efficiency, effectiveness, and 
economy of the Government or is otherwise in the public interest. Such 
awards include, but are not limited to, employee incentives which are 
based on predetermined criteria such as productivity standards, 
performance goals, measurement systems, award formulas, or payout 
schedules.
    Award program means the specific procedures and requirements 
established by an agency or a component of an agency for granting awards 
under subchapter I of chapter 43 and subchapter I of chapter 45 of title 
5, United States Code, and this subpart.