22 C.F.R. Subpart E—Additional Provisions For Awards to Commercial Organizations
Title 22 - Foreign Relations
This subpart contains additional provisions that apply to awards to commercial organizations. These provisions supplement and make exceptions for awards to commercial organizations from other provisions of this part. No funds shall be paid as profit to any recipient that is a commercial organization. Profit is any amount in excess of allowable direct and indirect costs. The additional costs alternative described in §226.24(b)(1) may not be applied to program income earned by a commercial organization.
Title 22: Foreign Relations
PART 226—ADMINISTRATION OF ASSISTANCE AWARDS TO U.S. NON-GOVERNMENTAL ORGANIZATIONS
Subpart E—Additional Provisions For Awards to Commercial Organizations
§ 226.80 Scope of subpart.
§ 226.81 Prohibition against profit.
§ 226.82 Program income.
