2022-12736: USAID Grant Regulations; Removing the Program Income Restriction on For-Profit Entities
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The U.S. Agency for International Development (USAID) proposes to amend the rules for administering Federal awards to remove a prohibition on for-profit entities from adding program income to a Federal award. This change allows any USAID assistance recipient-- whether nonprofit or for-profit--to use the "addition method" for managing program income under a Federal award. This will align USAID's approach to program income with other Federal agencies.
The agency’s own summary, as published.
What this changes
Amends 1 part of the Code of Federal Regulations — the standing rules this notice rewrites.
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