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Code of Federal Regulations Pertaining to U.S. Department of Labor |
| Labor |
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| Office of the Secretary of Labor |
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| Grants and Agreements With Institutions of Higher Education, Hospitals, and Other Non-Profit Organizations, and With Commercial Organizations, Foreign Governments, Organizations Under the Jurisdiction of Foreign Governments, and International Organizations |
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| Post-Award Requirements |
(a) Except as provided in paragraph (e) of this section, program
income earned during the project period shall be retained by the
recipient and added to funds committed to the project by DOL and
recipient, and used to further eligible project or program objectives.
(b) Recipients shall have no obligation to the Federal Government
regarding program income earned after the end of the project period.
(c) Costs incident to the generation of program income may be
deducted from gross income to determine program income, provided these
costs have not been charged to the award.
(d) Proceeds from the sale of property are not program income and
shall be handled in accordance with the requirements of the Property
Standards (See Secs. 95.30 through 95.37).
(e) Unless DOL's regulations or the terms and condition of the award
provide otherwise, recipients shall have no obligation to the Federal
Government with respect to program income earned from license fees and
royalties for copyrighted material, patents, patent applications,
trademarks, and inventions produced under an award. However, Patent and
Trademark Amendments (35 U.S.C. 18) apply to inventions made under an
experimental, developmental, or research award.