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§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:
(a)
Accurately and timely account for grant funds;
(b)
Adequately safeguard all funds, property, and other assets and assure that they are used solely for authorized purposes;
(c)
Provide a comparison of actual amounts spent with budgeted amounts for each grant;
(d)
Request any cash advances as closely as possible to the actual time of the disbursement; and
(e)
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.