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Code · CFR · Title 2 — Federal Financial Assistance · Part 1128 — Recipient Financial and Program Management: General Award Terms and Conditions · § 1128.325

§ 1128.325. Fee or profit.

61 words·~1 min read·/us/cfr/t2/s§ 1128.325·

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(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.
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