[Code of Federal Regulations]

[Title 45, Volume 1]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 45CFR74.71]



[Page 234-235]

 

                        TITLE 45--PUBLIC WELFARE

 

           SUBTITLE A--DEPARTMENT OF HEALTH AND HUMAN SERVICES

 

    PART 74_UNIFORM ADMINISTRATIVE REQUIREMENTS FOR AWARDS AND SUBAWARDS TO INSTITUTIONS OF HIGHER EDUCATION, HOSPITALS, OTHER NONPROFIT ORGANIZATIONS, AND 

COMMERCIAL ORGANIZATIONS--Table of Contents

 

                 Subpart D_After-the-Award Requirements

 

Sec. 74.71  Closeout procedures.



    (a) Recipients shall submit, within 90 calendar days after the date 

of completion of the award, all financial, performance, and other 

reports as required by the terms and conditions of the award. The HHS 

awarding agency may approve extensions when requested by the recipient.

    (b) Unless the HHS awarding agency authorizes an extension, a 

recipient shall liquidate all obligations incurred under the award not 

later than 90 calendar days after the funding period or the date of 

completion as specified in the terms and conditions of the award or in 

agency implementing instructions.

    (c) HHS will make prompt payments to a recipient for allowable 

reimbursable costs under the award being closed out.

    (d) The recipient shall promptly refund any balances of unobligated 

cash that HHS has advanced or paid and that is not authorized to be 

retained by the recipient for use in other projects. 45 CFR part 30 

governs unreturned amounts that become delinquent debts.

    (e) When authorized by the terms and conditions of the award, HHS 

will make a settlement for any upward or downward adjustments to the 

Federal share of costs after closeout reports are received.

    (f) The recipient shall account for any real and personal property 

acquired with HHS funds or received from the Federal Government in 

accordance with Sec. Sec. 74.31 through 74.37.



[[Page 235]]



    (g) In the event a final audit has not been performed prior to the 

closeout of an award, HHS retains the right to recover an appropriate 

amount after fully considering the recommendations on disallowed costs 

resulting from the final audit.