§ 34.18 Fee and profit.
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Title 32 CFR: National Defense › Chapter I: OFFICE OF THE SECRETARY OF DEFENSE › Part 34: ADMINISTRATIVE REQUIREMENTS FOR GRANTS AND AGREEMENTS WITH FOR-PROFIT ORGANIZATIONS › Subpart B: Post-award Requirements › § 34.18: § 34.18 Fee and profit.
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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.
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