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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 41 - Public Contracts and Property Management |
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Subtitle C - Federal Property Management Regulations System |
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Chapter 105 - General Services Administration |
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Part 105-71 - Uniform Administrative Requirements for Grants and Cooperative Agreements With State and Local Governments |
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Subpart 105-71.15 - After-the-Grant Requirements |
§ 105-71.151 - Later disallowances and adjustments.
Latest version.
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§ 105-71.151 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 § 105-71105–71.142;
(d) Property management requirements in § 105-71§§ 105–71.131 and § 105-71105–71.132; and
(e) Audit requirements in § 105-71105–71.126.