Later disallowances and adjustments.

29 C.F.R. § 1470.51
in effectEffective: 2024-07-01
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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 § 1470.42; (d) Property management requirements in §§ 1470.31 and 1470.32; and (e) Audit requirements in § 1470.26.

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