40 CFR 35.938-3 - Type of contract.
Each contract shall be a fixed price (lump sum or unit price or a combination of the two) contract, unless the Regional Administrator gives advance written approval for the grantee to use some other acceptable type of contract. The cost-plus-percentage-of-cost contract shall not be used in any event.
Beta! The text on the eCFR tab represents the unofficial eCFR text at ecfr.gov.
This section’s status may have changed. It may have been renumbered, reserved, or removed.