---
kind: "section"
citation: "2 C.F.R. § 1120.500"
title: "2"
number: "1120.500"
heading: "Scope of administrative requirements."
url: "https://uscodex.org/cfr/2/1120.500"
---

# §1120.500. Scope of administrative requirements.


The administrative requirements in an award are post-award and after-the-award requirements for recipients in the following subject matter areas:

- (a) Financial and program management, to include financial management system standards, payment, allowable costs, program and budget revisions, audits, cost sharing or matching, and program income.
- (b) Property administration, to include title vesting, property management system standards, and use and disposition of tangible and intangible property.
- (c) **Recipient procurement procedures.**
- (d) **Financial, programmatic, property, and other reporting.**
- (e) **Records retention and access, remedies, claims and disputes, and closeout.**

## Notes

### Authority

Authority: 5 U.S.C. 301 and 10 U.S.C. 113.

### Source

Source: 85 FR 51163, Aug. 19, 2020, unless otherwise noted.
