§ 35.936-4 - Profits.

Latest version.

Only fair and reasonable profits may be earned by contractors in subagreements under EPA grants. See §35.937-7 for discussion of profits under negotiated subagreements for architectural or engineering services, and §35.938-5(f) for discussion of profits under negotiated change orders to construction contracts. Profit included in a formally advertised, competitively bid, fixed price construction contract awarded under §35.938 is presumed reasonable.

                    
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