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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 32 - National Defense |
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Subtitle A - Department of Defense |
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Chapter I - Office of the Secretary of Defense |
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SubChapter C - Dod Grant and Agreement Regulations |
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Part 34 - Administrative Requirements for Grants and Agreements With for-Profit Organizations |
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Subpart B - Post-award Requirements |
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Financial and Program Management |
§ 34.18 - Fee and profit.
Latest version.
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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.