32 C.F.R. § 34.18   Fee and profit.


Title 32 - National Defense


Title 32: National Defense
PART 34—ADMINISTRATIVE REQUIREMENTS FOR GRANTS AND AGREEMENTS WITH FOR-PROFIT ORGANIZATIONS
Subpart B—Post-award Requirements
Financial and Program Management

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§ 34.18   Fee and profit.

In accordance with 32 CFR 22.205(b), grants and cooperative agreements shall not:

(a) Provide for the payment of fee or profit to the recipient.

(b) Be used to carry out programs where fee or profit is necessary to achieving program objectives.

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