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Content Last Revised: 3/11/88
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CFR  

Code of Federal Regulations Pertaining to U.S. Department of Labor

Title 29  

Labor

 

Chapter I  

Office of the Secretary of Labor

 

 

Part 97  

Uniform Administrative Requirements for Grants and Cooperative Agreements to State and Local Governments

 

 

 

Subpart D  

After-The-Grant Requirements


29 CFR 97.51 - Later disallowances and adjustments.

  • Section Number: 97.51
  • Section Name: 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 Sec. 97.42;
    (d) Property management requirements in Secs. 97.31 and 97.32; and
    (e) Audit requirements in Sec. 97.26.
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