{"data":{"id":"us/2-cfr-1108.305","jurisdiction":"us","citation":"2 CFR 1108.305","heading":"Procurement transaction.","body":"Procurement transaction means a legal instrument by which a recipient or subrecipient purchases property or services it needs to carry out the project or program under its award or subaward, respectively. A procurement transaction is distinct both from “subaward” and “procurement contract,” as those terms are defined in this subpart.","path":["Title 2—Federal Financial Assistance","Subtitle B—Federal Agency Regulations for Grants and Agreements","CHAPTER XI—DEPARTMENT OF DEFENSE","SUBCHAPTER A—GENERAL MATTERS AND DEFINITIONS","PART 1108—DEFINITIONS OF TERMS USED IN SUBCHAPTERS A THROUGH F OF THIS CHAPTER","Subpart B—Definitions"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-2.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:23:42Z","sha256":"e550e799a160db5e5dca3aeae2391e81182efb5d09730ebbee4c1c9bd3533976","source_id":"us-cfr","stale":true,"prev":"us/2-cfr-1108.300","next":"us/2-cfr-1108.310"},"notice":"GroundRules: Original legal text. Not legal advice."}