[Code of Federal Regulations]

[Title 14, Volume 5]

[Revised as of January 1, 2006]

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

[CITE: 14CFR1260.56]



[Page 292]

 

                     TITLE 14--AERONAUTICS AND SPACE

 

                          SPACE ADMINISTRATION

 

PART 1260_GRANTS AND COOPERATIVE AGREEMENTS--Table of Contents

 

                            Subpart A_General

 

Sec. 1260.56  Withholding.



                               Withholding



                               August 2003



    If a Recipient fails to comply with the project objectives, the 

terms and conditions of this award, or reporting requirements under this 

or previous NASA awards, NASA may withhold advance payments under this 

award including its augmentations, and may also withhold advance 

payments under future awards to the Recipient, pending correction of the 

deficiency by the Recipient. Upon determination that the deficiency has 

been corrected, the cognizant NASA Financial Management Office shall 

resume advance payments and release of previously withheld amounts after 

coordination with the Grant Officer.



[68 FR 50469, Aug. 21, 2003]



[[Page 293]]