[Code of Federal Regulations]

[Title 49, Volume 4]

[Revised as of October 1, 2005]

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

[CITE: 49CFR256.15]



[Page 809]

 

                        TITLE 49--TRANSPORTATION

 

       CHAPTER II--FEDERAL RAILROAD ADMINISTRATION, DEPARTMENT OF 

                             TRANSPORTATION

 

PART 256_FINANCIAL ASSISTANCE FOR RAILROAD PASSENGER TERMINALS

--Table of Contents

 

Sec. 256.15  Disbursement of financial assistance.



    (a) Grant agreement. After receipt, review, and approval of an 

application, the Administrator will enter into a grant agreement with an 

applicant for the Federal share of the total allowable project costs. 

The terms and conditions of payment of the Federal share shall be set 

forth in the grant agreement.

    (b) Record retention. Each recipient of financial assistance under 

this part shall keep such records as the Administrator shall prescribe, 

including rec ords which fully disclose the amount and disposition by 

such recipient of the proceeds of such assistance, the total cost of the 

project or undertaking in connection with which such assistance was 

given or used, the amount of that portion of the cost of the project or 

undertaking supplied by other sources, and such other records as will 

facilitate an effective audit.

    (c) Audit and examination. Until the expiration of three years after 

the completion of the project or undertaking referred to in paragraph 

(b) of this section, the Administrator and the Comptroller General of 

the United States, or any of their duly authorized representatives, 

shall have access for the purpose of aduit and examination to any books, 

documents, papers, and records of such receipts which, in the opinion of 

the Administrator or the Comptroller General, may be related or 

pertinent to such financial assistance.



[40 FR 29080, July 10, 1975, as amended at 43 FR 21890, May 22, 1978]



                   Appendix A to Part 256--Certificate



    The following is the form of the certificate to be executed by each 

person signing a pre-application or application:



    -------------- (Name of Person) certifies that he is the Chief 

Executive Officer of -------------- (Name of Agency or Organization); 

that he is authorized to sign and file with the Federal Railroad 

Administrator this (pre-application or application); that he has 

carefully examined all of the statements contained in the (pre-

application or application) relating to --------------; that he has 

knowledge of the matters set forth therein and that all statements made 

and matters set forth therein are true and correct to the best of his 

knowledge, information and belief.



[43 FR 21890, May 22, 1978]