§ 34.18 Fee and profit.
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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
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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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