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Notes

§1470.51. Later disallowances and adjustments.

29 C.F.R. § 1470.51

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 § 1470.42;
(d)
Property management requirements in §§ 1470.31 and 1470.32; and
(e)
Audit requirements in § 1470.26.
Notes, amendments, and revision history

Authority

Authority: 29 U.S.C. 175a.

Source

Source: 53 FR 8087, Mar. 11, 1988, unless otherwise noted.