Grants and Contributions
About this information
In June 2016, as part of the Open Government Action Plan, the Treasury Board of Canada Secretariat (TBS) committed to increasing the transparency and usefulness of grants and contribution data and subsequently launched the Guidelines on the Reporting of Grants and Contributions Awards, effective April 1, 2018.
The rules and principles governing government grants and contributions are outlined in the Treasury Board Policy on Transfer Payments. Transfer payments are transfers of money, goods, services or assets made from an appropriation to individuals, organizations or other levels of government, without the federal government directly receiving goods or services in return, but which may require the recipient to provide a report or other information subsequent to receiving payment. These expenditures are reported in the Public Accounts of Canada. The major types of transfer payments are grants, contributions and \'other transfer payments\'.
Included in this category, but not to be reported under proactive disclosure of awards, are (1) transfers to other levels of government such as Equalization payments as well as Canada Health and Social Transfer payments. (2) Grants and contributions reallocated or otherwise redistributed by the recipient to third parties; and (3) information that would normally be withheld under the Access to Information Act and the Privacy Act.
$150,000.00
Apr 1, 2022
For-profit organization
MVP - SaaS based semi autonomous NDT Reporting System
987699
Currently the NDT market is very under served from any type of software solutions. Most companies are still using excel, word or even handwritten inspection reports. This results in data entry issues, loss of records, data inconsistencies and risk to major oil and gas infrastructure all over the world. NDT testing is critical for ensuring the safe operations of our pipelines, refineries and other major production facilities across the globe. We are the first NDT company to build a unique piece of software that ensures all data is collected in the same way every time but more importantly we can allow the software to perform auto analysis of any defects it finds and reference that defect against the relevant codes for compliance.