§1470.51. Later disallowances and adjustments.
29 C.F.R. § 1470.51
The closeout of a grant does not affect:
The Federal agency's right to disallow costs and recover funds on the basis of a later audit or other review;
The grantee's obligation to return any funds due as a result of later refunds, corrections, or other transactions;
Records retention as required in § 1470.42;
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.