BACK TO PUBLIC CONTRACTS

What forms of government contract are used in business with the federal government?

Doing business under a federal contract is different than doing business with a private entity. The government has special protections afforded to it as well as a special obligation to the people, and as such, each government contract is governed by specific rules. Because of these circumstances, there are several specific types of federal contract used by those who engage in business with the federal government.

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What is the purpose of grant agreements and cooperative agreements in public contracts with the U.S. federal government?

The federal government uses legal tools called “grant agreements” or “cooperative agreements” for certain types of public contracts. Typically these agreements are used in order to highlight the nature of the financial relationship between the government and the other contracting party. Both grant agreements and cooperative agreements are used primarily in assistance-based financial relationships.

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