§ 683.295. Is earning of profit allowed under the Workforce Innovation and Opportunity Act?
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/us/cfr/t20/s§ 683.295·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)(1) Under secs. 121(d), 122(a) and 134(b) of WIOA, for-profit entities are eligible to be one-stop operators, service providers, and eligible training providers.
(2)Where for-profit entities are one-stop operators, service providers, and eligible training providers, and those entities are recipients of Federal financial assistance, the recipient or subrecipient and the for-profit entity must follow 2 CFR 200.323.
(b)For programs authorized by other sections of WIOA, 2 CFR 200.400(g) prohibits earning and keeping of profit in Federal financial assistance unless expressly authorized by the terms and conditions of the Federal award.
(c)Income earned by a public or private nonprofit entity may be retained by such entity only if such income is used to continue to carry out the program.
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§ 683.295
Is earning of profit allowed under the Workforce Innovation and Opportunity Act?
C.F.R.×2
Fed. Reg.×2
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