Replies to post #44995 on Hybrid Coating Technologies Inc (fka HCTI)

[ccdude]

Not quite....

>>You neglect to mention that every DOD and government contract must be submitted as a bid.

The Feds issued over $100,000,000,000 (that would be $100 billion) in no-bid contracts last year.

[Beandog]

In your haste to post something negative, you neglected to stay on topic.

Sharpie's post refers to DoD GRANT, not a contract. Apples and oranges.


From Grants.gov...

A Short Summary of Federal Grants
What is a grant? A grant is a way the government funds your ideas and projects to provide public services and stimulate the economy. Grants support critical recovery initiatives, innovative research, and many other programs listed in the Catalog of Federal Domestic Assistance (CFDA).

A grant is one of many different forms of federal financial assistance. Federal financial assistance is a broad term to refer to the various ways the U.S. government redistributes resources to eligible recipients. On Grants.gov you will find grant and cooperative agreement opportunities from federal agencies that award grants."


From Wiki..,

"Grants are non-repayable funds or products disbursed by one party (grant makers), often a government department, corporation, foundation or trust, to a recipient, often (but not always) a nonprofit entity, educational institution, business or an individual."