What are the minimum requirements applicable to Fee Based SBA-Sponsored Activities?

13 C.F.R. § 106.301
in effectEffective: 2024-07-01
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While SBA may subject a Fee Based SBA-Sponsored Activity to additional requirements through internal policy and procedure, the following requirements apply to all Fee Based SBA-Sponsored Activities: (a) A Fee Based Record must be prepared by the Responsible Program Official in advance of the activity; (b) Any Participant Fees charged will not exceed the minimal amount needed to cover the anticipated direct costs of the activity; (c) Gifts of cash accepted and the collection of Participant Fees for Fee Based SBA-Sponsored Activities are subject to the applicable requirements in this part, internal SBA policies and procedures as well as applicable U.S. Treasury rules and guidelines; and (d) Written approval must be obtained as outlined in § 106.303.

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