45 C.F.R. § 2541.510   Later disallowances and adjustments.


Title 45 - Public Welfare


Title 45: Public Welfare
PART 2541—UNIFORM ADMINISTRATIVE REQUIREMENTS FOR GRANTS AND COOPERATIVE AGREEMENTS TO STATE AND LOCAL GOVERNMENTS
Subpart F—After the Grant Requirement

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§ 2541.510   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 §2541.420;

(d) Property management requirements in §§2541.3120 and 2541.320; and

(e) Audit requirements in §2541.410.

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