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Contact Information:

(208) 792-2460
grantsoff@lcsc.edu

Lewis-Clark State College
500 8th Avenue
Sac Hall 234 & 235
Lewiston, ID  83501
 

    last updated on 2.10.2012

 

 

 

What's the difference between a grant, a contract, and a cooperative agreement?


A Grant: The purpose is to transfer money, property, services, or anything of value to a recipient in order to accomplish a public purpose.  The sponsor allows more freedom and less oversight with a grant.


A Contract: The purpose is to acquire property or services (deliverables) for direct benefit or use of the sponsor.  It's a procurement mechanism and allows the sponsor to determine the terms of the procurement contract.


A Cooperative Agreement: The purpose is to transfer funds to the recipient to accomplish a public purpose.  These awards are characterized by substantially more collaboration and involvement between the sponsor and recipient.

 

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