Your Source for DCAA News and Government Contracting Information 


What's the difference between a Federal Government grant and contract

Posted by Mike Anderson on 6/7/13 11:26 AM

Many times when I talk with small businesses, they don't fully understand the difference between a Federal Grant and a Federal Contract. It is important for a small business to completely understand if their government funds are coming from a grant or a contract.  The terms and conditions surrounding each have somewhat unique requirements that may have implications on how the business handles the award and, in particular, the accounting related to that award. 
Read the Full Blog Here

Topics: SBIR, Federal Government, Government Contracts, Grants