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