Federal Grant and Cooperative Agreement Act

[AI summary unavailable — showing source text] Federal Grant and Cooperative Agreement Act - Requires each executive agency to use a procurement contract as the legal instrument reflecting a relationship between the Federal Government and a State or local government or Government or other recipient whenever the principal purpose of the agreement is the acquisition, by purchase, lease, or barter, of property or services for the direct benefit or use of the Federal Government. Requires each executive agency when no substantial involvement is anticipated between such agency and the State or local government or other recipient during performance of the contemplated activity to use a grant agreement as the legal instrument reflecting a relationship between the Federal Government and a State or local government or recipient whenever the principal purposes of the relationship is the transfer of money, property, services, or anything of value to the State or local government. Requires each executive agency to use a cooperative agreement as the legal instrument reflecting a relationship between the Federal Government and a State or local government or other recipient whenever the principal purposes of the relationship is the transfer of…