2 C.F.R. · Grants and Agreements
2 C.F.R. § 1108.300

Procurement contract.

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Regulatory Text

2 C.F.R. § 1108.300 — Procurement contract.

§ 1108.300 Procurement contract. Procurement contract means a legal instrument which, consistent with 31 U.S.C. 6303, reflects a relationship between the Federal Government and a State, a local government, or other recipient when the principal purpose of the instrument is to acquire property or services for the direct benefit or use of the Federal Government. A procurement contract is a prime-tier transaction and therefore distinct from a recipient's or subrecipient's “procurement transaction” or “contract” as defined in this subpart.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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boisestandard.org
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2 C.F.R. § 1108.300
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The regulatory text of 2 C.F.R. § 1108.300 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 2 2 C.F.R. § 1108.300