Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 14 - Aeronautics and Space |
Chapter I - Federal Aviation Administration, Department of Transportation |
SubChapter I - Airports |
Part 152 - Airport Aid Program |
Subpart D - Accounting and Reporting Requirements |
§ 152.307 - Retention of records.
Latest version.
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§ 152.307 Retention of records.
Each sponsor or planning agency shall retain, for a period of 3 years after the date of submission of the final expenditure report -
(a) Documentary evidence, such as invoices, cost estimates, and payrolls, supporting each item of project costs; and
(b) Evidence of all payments for items of project costs, including vouchers, cancelled checks or warrants, and receipts for cash payments.