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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 45 - Public Welfare |
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Subtitle B - Regulations Relating to Public Welfare |
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Chapter XI - National Foundation on the Arts and the Humanities |
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SubChapter D - National Endowment for the Humanities |
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Part 1174 - [Reserved] |
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Subpart D - Hearing Procedures |
§ 1174.51 - 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 §1174.42;
(d) Property management requirements in §§1174.31 and 1174.32; and
(e) Audit requirements in §1174.26.