2 CFR 1128.325 - Fee or profit.

Regulations last checked for updates: Nov 24, 2024

Title 2 - Grants and Agreements last revised: Jan 01, 1900

View all text of Subpart C [§ 1128.300 - § 1128.325]

§ 1128.325 - Fee or profit.

(a) Requirement. A DoD Component's general terms and conditions must specify that recipients may neither receive fee or profit nor pay fee or profit to subrecipients.

(b) Award terms and conditions. A DoD Component must use the wording appendix C to this part provides for Section D of FMS Article III to specify the limitation on payment of fee or profit.

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

source: 85 FR 51171, Aug. 19, 2020, unless otherwise noted.

cite as: 2 CFR 1128.325