45 C.F.R. § 74.72 Subsequent adjustments and continuing responsibilities.
Title 45 - Public Welfare
(a) The closeout of an award does not affect any of the following: (1) The right of the HHS awarding agency to disallow costs and recover funds on the basis of a later audit or other review. (2) The obligation of the recipient to return any funds due as a result of later refunds, corrections, or other transactions. (3) Audit requirements in §74.26. (4) Property management requirements in §§74.31 through 74.37. (5) Records retention requirements in §74.53. (b) After closeout of an award, a relationship created under an award may be modified or ended in whole or in part with the consent of the HHS awarding agency and the recipient, provided the responsibilities of the recipient referred to in §74.72(a), including those for property management as applicable, are considered and provisions made for continuing responsibilities of the recipient, as appropriate.
Title 45: Public Welfare
PART 74—UNIFORM ADMINISTRATIVE REQUIREMENTS FOR AWARDS AND SUBAWARDS TO INSTITUTIONS OF HIGHER EDUCATION, HOSPITALS, OTHER NONPROFIT ORGANIZATIONS, AND COMMERCIAL ORGANIZATIONS
Subpart D—After-the-Award Requirements
§ 74.72 Subsequent adjustments and continuing responsibilities.
