23 C.F.R. § 1200.30 Expiration of the right to incur costs.
Title 23 - Highways
Unless extended in accordance with the provisions of §1200.31 of this part, the right to incur costs under Section 402 expires on the last day of the fiscal year to which it pertains. The State and its subgrantees and contractors may not incur costs for Federal reimbursement past the expiration date.
Title 23: Highways
PART 1200—UNIFORM PROCEDURES FOR STATE HIGHWAY SAFETY PROGRAMS
Subpart D—Closeout
§ 1200.30 Expiration of the right to incur costs.