Soft bed gets an award (7)
I believe the answer is:
cottony
'soft' is the definition.
(I've seen this in another clue)
'bed gets an award' is the wordplay.
'bed' becomes 'cot' (cot is a kind of bed).
'gets' says to put letters next to each other.
'an award' becomes 'tony' (I've seen this before).
'cot'+'tony'='COTTONY'
(Other definitions for cottony that I've seen before include "describing many sheets?" , "Like down" .)