Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 2 - Grants and Agreements |
Subtitle B - Federal Agency Regulations for Grants and Agreements |
Chapter XI - Department of Defense |
SubChapter D - Administrative Requirements Terms and Conditions for Cost-Type Grants and Cooperative Agreements to Nonprofit and Governmental Entities |
Part 1128 - Recipient Financial and Program Management: General Award Terms and Conditions |
Subpart C - Allowable Costs, Period of Availability of Funds, and Fee or Profit (FMS Article III) |
§ 1128.325 - Fee or profit.
Latest version.
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§ 1128.325 Fee or profit.
(a) Requirement. A DoD Component's general terms and conditions must specify that recipients may neither receive fee or profit nor pay fee or profit to subrecipients.
(b) Award terms and conditions. A DoD Component must use the wording appendix C to this part provides for Section D of FMS Article III to specify the limitation on payment of fee or profit.