He received the award as the principal architect of the higher algebraic K-theory in 1972, a new tool that successfully used geometric and topological methods and ideas to formulate and solve major problems in algebra, particularly ring theory and module theory.
Siya natanggap ang award bilang ng mga punong-guro ng arkitekto ang mas mataas na algebraic K-teorya sa 1972, isang bagong kasangkapan na matagumpay na ginagamit geometriko at topological pamamaraan at ideya sa magbalangkas at malutas ang malaking problema sa algebra, lalo na singsing teorya at module theory.