32 CFR 34.18 - Fee and profit.

Regulations last checked for updates: May 01, 2025

Title 32 - National Defense last revised: Jan 17, 2025

§ 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.

authority: 5 U.S.C. 301 and 10 U.S.C. 113.

source: 63 FR 12204, Mar. 12, 1998, unless otherwise noted.

cite as: 32 CFR 34.18