[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: 45CFR74.72]



[Page 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. 74.72  Subsequent adjustments and continuing responsibilities.



    (a) The closeout of an award does not affect any of the following:

    (1) The right of the HHS awarding agency to disallow costs and 

recover funds on the basis of a later audit or other review.

    (2) The obligation of the recipient to return any funds due as a 

result of later refunds, corrections, or other transactions.

    (3) Audit requirements in Sec. 74.26.

    (4) Property management requirements in Sec. Sec. 74.31 through 

74.37.

    (5) Records retention requirements in Sec. 74.53.

    (b) After closeout of an award, a relationship created under an 

award may be modified or ended in whole or in part with the consent of 

the HHS awarding agency and the recipient, provided the responsibilities 

of the recipient referred to in Sec. 74.72(a), including those for 

property management as applicable, are considered and provisions made 

for continuing responsibilities of the recipient, as appropriate.