[Code of Federal Regulations]

[Title 49, Volume 4]

[Revised as of October 1, 2006]

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

[CITE: 49CFR266.23]



[Page 863]

 

                        TITLE 49--TRANSPORTATION

 

       CHAPTER II--FEDERAL RAILROAD ADMINISTRATION, DEPARTMENT OF 

                             TRANSPORTATION

 

PART 266_ASSISTANCE TO STATES FOR LOCAL RAIL SERVICE UNDER SECTION 5 OF 

 

Sec.  266.23  Record, audit, and examination.



    (a) Retention and custodial requirements for financial records, 

supporting documents, statistical records, and all other records 

pertinent to a grant provided under this part shall be governed by 

Attachment C of OMB Circular A-102.

    (b) The Administrator and the Comptroller General of the United 

States or any of their duly authorized representatives shall, until the 

expiration of three years after submission to the Administrator of the 

grantee's final accounting of all program funds, and for any longer 

period necessary to resolve audit findings, have access for the purpose 

of audit and examination to any books, documents, papers, and records 

which in the opinion of the Administrator or the Comptroller General of 

the United States may be related or pertinent to the grants, contracts, 

or other arrangements arising out of, or in any way connected with, the 

rail service assistance program.



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