§152.307. Retention of records.

14 C.F.R. § 152.307

Each sponsor or planning agency shall retain, for a period of 3 years after the date of submission of the final expenditure report—

(a)

Documentary evidence, such as invoices, cost estimates, and payrolls, supporting each item of project costs; and

(b)

Evidence of all payments for items of project costs, including vouchers, cancelled checks or warrants, and receipts for cash payments.

Notes, amendments, and revision history

Source: Docket 19430, 45 FR 34791, May 22, 1980, unless otherwise noted.

Authority: 49 U.S.C. 106(g), 47106, 47127.

Source: Docket 19430, 45 FR 34784, May 22, 1980, unless otherwise noted.