Later disallowances and adjustments.

CFR · 2024-01-01 · US · Title 10

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 § 600.242; (d) Property management requirements in §§ 600.231 and 600.232; and (e) Audit requirements in § 600.226.

official document · source cfr-2024 · id 10:§ 600.251