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	Sec 92.51 Later Disallowance and Adjustments
	This regulation clarifies that the Federal awarding agency can still exercise its rights after the closeout of a grant award. The closeout of a grant award does not affect the Federal agency’s right to retrieve from grantees any owed money, audits, return funds, and property management requirements. Sec 92.51 Later Disallowance & Adjustments The closeout of a grant does not affect:   (a) The Federal agency's right to disallow costs and recover funds on the basis of a later audit or other review;   (b) The grantee's obligation to return any funds due as a result of later refunds, corrections, or other transactions;   (c) Records retention as required in Sec. 92.42;   (d) Property management requirements in Sec. 92.31 and 92.32; and   (e) Audit requirements in Sec. 92.26. Sec 92.51 Later Disallowance & Adjustments. HHS/ACF/OHS. 2007. English.