CFR › Title 32 › Part 34 › §34.1832 CFR §34.18Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗Copy linkIn accordance with 32 CFR 22.205(b), grants and cooperative agreements shall not:(a)Provide for the payment of fee or profit to the recipient.(b)Be used to carry out programs where fee or profit is necessary to achieving program objectives.