Federal grants are categorized by four types of instrument - Grant, Cooperative Agreement, Procurement Contract, and Other type. Each type is explained below. You may follow a link on instrument type name to view currently open opportunities categorized in the type.
An award of financial assistance, the principal purpose of which is to transfer a thing of value from a federal agency to a recipient to carry out a public purpose of support or stimulation authorized by a law of the United States (see 31 U.S.C. 6101(3)). A grant is distinguished from a contract, which is used to acquire property or services for the federal government's direct benefit or use.
An award of financial assistance that is used to enter into the same kind of relationship as a grant; and is distinguished from a grant in that it provides for substantial involvement between the federal agency and the recipient in carrying out the activity contemplated by the award.
Government agencies use contracts to procure specific services or products from which they will derive some benefit.