45 C.F.R. § 74.81 Prohibition against profit.
Title 45 - Public Welfare
Except for awards under the Small Business Innovation Research (SBIR) and Small Business Technology Transfer Research (STTR) programs (15 U.S.C. 638), no HHS funds may be paid as profit to any recipient even if the recipient is a commercial organization. Profit is any amount in excess of allowable direct and indirect costs. [59 FR 43760, Aug. 25, 1994, as amended at 61 FR 11747, Mar. 22, 1996]
Title 45: Public Welfare
PART 74—UNIFORM ADMINISTRATIVE REQUIREMENTS FOR AWARDS AND SUBAWARDS TO INSTITUTIONS OF HIGHER EDUCATION, HOSPITALS, OTHER NONPROFIT ORGANIZATIONS, AND COMMERCIAL ORGANIZATIONS
Subpart E—Special Provisions for Awards to Commercial Organizations
§ 74.81 Prohibition against profit.
