Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 40 - Protection of Environment |
Chapter I - Environmental Protection Agency |
SubChapter A - General |
Part 31 - On-Site Civil Inspection Procedures |
Subpart D - After-the-Grant Requirements |
§ 31.51 - Later disallowances and adjustments.
Latest version.
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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 §31.42;
(d) Property management requirements in §§31.31 and 31.32; and
(e) Audit requirements in §31.26.