Find Laws Find Lawyers Free Legal Forms USA State Laws

CFR

1403.51—Later disallowances and adjustments.

The closeout of a grant does not affect:
(a) The Federal agency's right to disallow costs and recover funds on the basis of a later audit or other review;
(b) The grantee's obligation to return any funds due as a result of later refunds, corrections, or other transactions;
(c) Records retention as required in § 1403.42 ;
(d) Property management requirements in § 1403.31 and § 1403.32; and
(e) Audit requirements in § 1403.26.
Tips