[Code of Federal Regulations] [Title 32, Volume 1] [Revised as of January 1, 2008] From the U.S. Government Printing Office via GPO Access [CITE: 32CFR34.30] [Page 195] 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. 34.30 Purpose of procurement standards. Section 34.31 sets forth requirements necessary to ensure: (a) Compliance of recipients' procurements that use Federal funds with applicable Federal statutes and executive orders. (b) Proper stewardship of Federal funds used in recipients' procurements.