[Code of Federal Regulations]
[Title 44, Volume 1]
[Revised as of October 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 44CFR304.5]

[Page 547]
 
              TITLE 44--EMERGENCY MANAGEMENT AND ASSISTANCE
 
 CHAPTER I--FEDERAL EMERGENCY MANAGEMENT AGENCY, DEPARTMENT OF HOMELAND 
                                SECURITY
 
PART 304_CONSOLIDATED GRANTS TO INSULAR AREAS--Table of Contents
 
Sec. 304.5  Audits and records.

    (a) Audits. FEMA will maintain adequate auditing, accounting and 
review procedures as outlined in FEMA guidance material and OMB 
Circulars No. A-73 and A-102.
    (b) Records. Financial records, supporting documents, statistical 
records, and all other records pertinent to a consolidated grant shall 
be retained for a period of three years from submission of final billing 
and shall be available to the Director, FEMA, and the Comptroller 
General of the United States, all as prescribed in FEMA guidance 
material and in accordance with OMB Circular A-102 (42 FR 45828-45891).

                        PARTS 305-311 [RESERVED]