Code of Federal Regulations (Last Updated: May 6, 2024) |
Title 32 - National Defense |
Subtitle A - Department of Defense |
Chapter I - Office of the Secretary of Defense |
SubChapter C - Dod Grant and Agreement Regulations |
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.
Latest version.
-
§ 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.