state and federal contracts

State and federal contracts are agreements between government entities and private companies or organizations to provide goods or services. Federal contracts involve the U.S. government at the national level, often for large-scale projects like defense or infrastructure. State contracts are between individual state governments and vendors for region-specific needs, such as education or transportation. Both types of contracts have specific rules and standards to ensure fairness and transparency. Essentially, they’re formal arrangements where governments purchase goods or services to serve public interests, with federal contracts covering the entire country and state contracts focusing on individual states.