§401.302. PRA administrative requirements.
24 C.F.R. § 401.302
Inapplicability of certain requirements. Part 200 of 2 CFR and contract procurement requirements do not apply to a PRA.
Recordkeeping. The PAE must keep complete and accurate records of all activities related to the PAE's performance under the PRA. The PAE must retain the records for at least 3 years after the PRA terminates.
Inspection of records and audit. Upon reasonable notice, the PAE must permit the Comptroller General of the United States and HUD (including representatives of the HUD Office of Inspector General) to inspect, audit, and copy any records required to be retained under this section.
Notes, amendments, and revision history
Amendments
[65 FR 15485, Mar. 22, 2000, as amended at 80 FR 75936, Dec. 7, 2015]
Authority
Authority: 12 U.S.C. 1715z-1 and 1735f-19(b); 42 U.S.C. 1437(c)(8), 1437f(t), 1437f note, and 3535(d).
Source
Source: 65 FR 15485, Mar. 22, 2000, unless otherwise noted.
Amendments
[65 FR 15485, Mar. 22, 2000, as amended at 80 FR 75936, Dec. 7, 2015]