[Code of Federal Regulations]

[Title 32, Volume 1]

[Revised as of July 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 32CFR34.18]



[Page 214]

 

                       TITLE 32--NATIONAL DEFENSE

 

              CHAPTER I--OFFICE OF THE SECRETARY OF DEFENSE

 

PART 34_ADMINISTRATIVE REQUIREMENTS FOR GRANTS AND AGREEMENTS WITH 

FOR-PROFIT ORGANIZATIONS--Table of Contents

 

                    Subpart B_Post-award Requirements

 

Sec.  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.



                           Property Standards