; or (2) utilities endorsed or otherwise governed by the Global LEI Foundation so long as that Foundation remains recognized by the Regulatory Oversight Committee or any successor global public oversight body. 609. Grants transparency requirements (a) In general Subtitle V of title 31, United States Code, is amended by inserting after chapter 73 the following: 74 Grants Transparency Requirements Sec. 7401. Definitions. 7402. Pre-award evaluation requirements. 7403. Website relating to Federal grants. 7404. Postdecision explanation for failed applicants. 7405. Inspector General review of peer review process. 7401. Definitions In this chapter: (1) Applicant The term applicant means an entity that submits a proposal or application for a grant. (2) Competitive grant The term competitive grant means a discretionary grant entered into through the use of merit-based selection procedures for the purpose of allocating funds authorized under a grant program of an Executive agency. (3) Executive agency The term Executive agency has the meaning given the term in section 105 of title 5, except the term does not include the Government Accountability Office. (4) Grant The term grant means an award of Federal financial assistance through a grant agreement or cooperative agreement making payment in cash or in kind to a recipient to carry out a public purpose authorized by law. (5) Grant reviewer The term grant reviewer , with respect to a grant— (A) means any individual who reviews, evaluates, or participates in the decision to select an applicant for award of the grant; and (B) includes— (i) a peer reviewer; (ii) a merit reviewer