41 C.F.R. § 105-71.151   Later disallowances and adjustments.


Title 41 - Public Contracts and Property Management


Title 41: Public Contracts and Property Management
PART 105–71—UNIFORM ADMINISTRATIVE REQUIREMENTS FOR GRANTS AND COOPERATIVE AGREEMENTS WITH STATE AND LOCAL GOVERNMENTS
Subpart 105–71.15—After-the-Grant Requirements

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§ 105-71.151   Later disallowances and adjustments.

The closeout of a grant does not affect:

(a) The Federal agency's right to disallow costs and recover funds on the basis of a later audit or other review;

(b) The grantee's obligation to return any funds due as a result of later refunds, corrections, or other transactions;

(c) Records retention as required in §105–71.142;

(d) Property management requirements in §105–71.131 and §105–71.132; and

(e) Audit requirements in §105–71.126.

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