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When concluding a contract, we firstly need to identify its purpose. Do we want to engage someone to provide a service? Do we want someone to produce something for us, a study or a brochure for instance? These would be a form of procurement, and you would need to observe certain procedures for awarding the contract i.e. invitations to tender and competitive tendering procedures. Or do we want to make a financial contribution to a measure planned by another organisation, e.g. one of our project partners, an intermediary or a target group? This involves providing funds and therefore constitutes a financial contribution. The type of contract concluded depends on the answers to these questions.
The following video illustrates the differences.