§ 910.122. Applicability.
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/us/cfr/t2/s§ 910.122·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)For DOE, unless otherwise noted in this part, the definition of Non-Federal entity found in 2 CFR 200.1 is expanded to include for-profit organizations in addition to states, local governments, Indian tribes, institutions of higher education (IHE), and nonprofit organizations.
(b)A for-profit organization is defined as one that distributes any profit not reinvested into the business as profit or dividends to its employees or shareholders. \[79 FR 76024, Dec. 19, 2014, as amended at 87 FR 15320, Mar. 18, 2022\]
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