§34.41. Monitoring and reporting program and financial performance. — Inbound Citations

(ii) Be adequate to make comparisons of outlays with budgeted amounts for each award (as required for programmatic and financial reporting under § 34.41. Where appropriate, financial information should be related to performance and unit cost data. Note that unit cost data are generally not appropriate for awards that support research.

Sections 34.41 and 34.42 prescribe requirements for monitoring and reporting financial and program performance and for records retention.