43 Public Lands: Interior 1 2008-10-01 2008-10-01 false Later disallowances and adjustments. 12.91 Section 12.91 Public Lands: Interior Office of the Secretary of the Interior ADMINISTRATIVE AND AUDIT REQUIREMENTS AND COST PRINCIPLES FOR ASSISTANCE PROGRAMS Uniform Administrative Requirements for Grants and Cooperative Agreements to State and Local Governments After-The-Grant Requirements
§ 12.91 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 § 12.82;

(d) Property management requirements in §§ 12.71 and 12.72; and

(e) Audit requirements in § 12.66.