Financial management.
CFR · 2024-01-01 · US · Title 7
(a) (b) (1) Prompt and accurate payment of allowable costs; (2) Timely disbursement of funds to local agencies; (3) Timely and appropriate resolution of claims and audit findings; and (4) Maintenance of records identifying the receipt and use of administrative funds, funds recovered as a result of claims actions, program income (as defined under § 247.25(e)), and property and other assets procured with program funds.
official document · source cfr-2024 · id 7:§ 247.27