Federal Recovery. The close-out of a Federal Award does not affect the right of the Federal Awarding Agency or the State to disallow costs and recover funds on the basis of a later audit or other review. Any cost disallowance recovery is to be made within the Record Retention Period, as defined below.
Appears in 41 contracts
Samples: Subaward Agreement, Grant Agreement, Subaward Agreement
Federal Recovery. The close-out closeout of a Federal Award does not affect the right of the Federal Awarding Agency or the State to disallow costs and recover funds on the basis of a later audit or other review. Any cost disallowance recovery is to be made within the Record Retention Period, as defined below.
Appears in 2 contracts
Samples: Grant Agreement, Grant Agreement
Federal Recovery. The close-close out of a Federal Award does not affect the right of the Federal Awarding Agency or the State to disallow costs and recover funds on the basis of a later audit or other review. Any cost disallowance recovery is to be made within the Record Retention Period, as defined below.
Appears in 2 contracts
Samples: Intergovernmental Grant Agreement, Intergovernmental Grant Agreement
Federal Recovery. The close-out closeout of a Federal Award does not affect the right of the Federal Awarding Agency or the State Grantor to disallow costs and recover funds on the basis of a later audit or other review. Any cost disallowance recovery is to be made within the Record Retention Period, as defined below.
Appears in 1 contract
Samples: Grant Agreement