§886.19. How must I account for grant funds?
30 C.F.R. § 886.19
You must do all of the following in accordance with the requirements of 43 CFR part 12:
Accurately and timely account for grant funds;
Adequately safeguard all funds, property, and other assets and assure that they are used solely for authorized purposes;
Provide a comparison of actual amounts spent with budgeted amounts for each grant;
Request any cash advances as closely as possible to the actual time of the disbursement; and
Design a systematic method to assure timely and appropriate resolution of audit findings and recommendations.
Notes, amendments, and revision history
Authority
Authority: 30 U.S.C. 1201 et seq.
Source
Source: 73 FR 67644, Nov. 14, 2008, unless otherwise noted.