32 CFR § 37.620 - What financial management standards do I include for participants that are nonprofit?

---
identifier: "/us/cfr/t32/s37.620"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "32 CFR § 37.620 - What financial management standards do I include for participants that are nonprofit?"
title_number: 32
title_name: "National Defense"
section_number: "37.620"
section_name: "What financial management standards do I include for participants that are nonprofit?"
chapter_name: "OFFICE OF THE SECRETARY OF DEFENSE"
subchapter_number: "C"
subchapter_name: "DoD GRANT AND AGREEMENT REGULATIONS"
part_number: "37"
part_name: "TECHNOLOGY INVESTMENT AGREEMENTS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 301 and 10 U.S.C. 113."
regulatory_source: "68 FR 47160, Aug. 7, 2003, unless otherwise noted."
cfr_part: "37"
---


# 37.620 What financial management standards do I include for participants that are nonprofit?

So as not to force system changes for any State, local government, institution of higher education, or other nonprofit organization, your expenditure-based TIA's requirements for the financial management system of any nonprofit participant are the same as those that apply to the participant's other Federal assistance awards.

[85 FR 51245, Aug. 19, 2020]