[Code of Federal Regulations]

[Title 42, Volume 1]

[Revised as of October 1, 2006]

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

[CITE: 42CFR51c.112]



[Page 178]

 

                         TITLE 42--PUBLIC HEALTH

 

    CHAPTER I--PUBLIC HEALTH SERVICE, DEPARTMENT OF HEALTH AND HUMAN 

                                SERVICES

 

PART 51c_GRANTS FOR COMMUNITY HEALTH SERVICES--Table of Contents

 

                      Subpart A_General Provisions

 

Sec.  51c.112  Grantee accountability.



    (a) Accounting for grant award payments. All payments made by the 

Secretary shall be recorded by the grantee in accounting records 

separate from the records of all other funds, including funds derived 

from other grant awards. With respect to each approved project, the 

grantee shall account for the sum total of all amounts paid as well as 

other funds and in-kind contributions by presenting or otherwise making 

available evidence satisfactory to the Secretary of expenditure for 

direct and indirect costs meeting the requirements of this part: 

Provided, however, That when the amount awarded for indirect costs was 

based on a predetermined fixed-percentage of estimated direct costs, the 

amount allowed for indirect costs shall be computed on the basis of such 

predetermined fixed-percentage rates applied to the total, or a selected 

element thereof, of the reimbursable direct costs incurred.

    (b) Accounting for interest earned on grant funds. Pursuant to 

section 203 of the Intergovernmental Cooperation Act of 1968 (42 U.S.C. 

4213), a State will not be held accountable for interest earned on grant 

funds, pending their disbursement for grant purposes. A State, as 

defined in section 102 of the Intergovernmental Cooperation Act, means 

any one of the several States, the District of Columbia, Puerto Rico, 

any territory or possession of the United States, or any agency or 

instrumentality of a State, but does not include the government of the 

political subdivisions of the State. All grantees other than a State, as 

defined, must return all interest earned on grant funds to the Federal 

Government.

    (c) Grant closeout--(1) Date of final accounting. A grantee shall 

render, with respect to each approved project, a full account, as 

provided herein, as of the date of the termination of grant support. The 

Secretary may require other special and periodic accounting.

    (2) Final settlement. There shall be payable to the Federal 

Government as final settlement with respect to each approved project the 

total sum of:

    (i) Any amount not accounted for pursuant to paragraph (a) of this 

section;

    (ii) Any credits for earned interest pursuant to paragraph (b) of 

this section;

    (iii) Any other amounts due pursuant to subparts F, M, and O of 45 

CFR part 74.