Post-Closeout Adjustments and Continuing Responsibilities. 16.1. The closeout of this Agreement does not affect any of the following: 16.1.1. The right of County to disallow costs and recover funds on the basis of a later audit or other review. The County must make any cost disallowance determination and notify the Municipality within the record retention period; 16.1.2. The obligation of the Municipality to return any funds due as a result of later refunds, corrections, or other transactions including final indirect cost rate adjustments; 16.1.3. Audit requirements in Subpart F—Audit Requirements of 2 C.F.R. Part 200. 16.1.4. Records retention as required in Subpart D—Post Federal Award Requirements of this part, §200.333 Retention requirements for records through §200.337 Restrictions on public access to records.
Appears in 10 contracts
Samples: Sub Recipient Agreement, Sub Recipient Agreement, Sub Recipient Agreement
