32 C.F.R. § 34.18 Fee and profit.
Title 32 - National Defense
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.
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
§ 34.18 Fee and profit.

