Post-Closeout Adjustments and Continuing Responsibilities Clause Samples
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Post-Closeout Adjustments and Continuing Responsibilities. The Subrecipient acknowledges the provisions of 2 CFR § 200.345 in regards to post-closeout adjustments and continuing responsibilities in relation to the U.S. Department of Treasury and the City of Wichita.
Post-Closeout Adjustments and Continuing Responsibilities. 16.1. The closeout of this Agreement does not affect any of the following:
16.1.1. The right of County to disallow costs and recover funds on the basis of a later audit or other review. The County must make any cost disallowance determination and notify the Municipality within the record retention period;
16.1.2. The obligation of the Municipality to return any funds due as a result of later refunds, corrections, or other transactions including final indirect cost rate adjustments;
16.1.3. Audit requirements in Subpart F—Audit Requirements of 2 C.F.R. Part 200.
16.1.4. Records retention as required in Subpart D—Post Federal Award Requirements of this part, §200.333 Retention requirements for records through §200.337 Restrictions on public access to records.
Post-Closeout Adjustments and Continuing Responsibilities. The closeout of the Subaward does not affect any of the following:
6.2.1. The right of DHHS to disallow costs and recover funds on the basis of a later audit or other review. DHHS shall make any cost disallowance determination and notify Subrecipient within the record retention period.
6.2.2. The obligation of Subrecipient to return any funds due as a result of later refunds, corrections, or other transactions including final indirect cost rate adjustments.
6.2.3. Audit requirements in 2 CFR § 200 Subpart F or 45 CFR § 75 Subpart F.
6.2.4. As applicable, property management and disposition requirements in 2 CFR §§ 200.310 through 200.316 or 45 CFR §§ 75.317 through 75.323.
6.2.5. Records retention as required Section 1 of this Addendum.
Post-Closeout Adjustments and Continuing Responsibilities. You must continue to comply with the requirements in 2 CFR § 200.344 even after the Period of Performance for this Agreement has ended.
Post-Closeout Adjustments and Continuing Responsibilities. The closeout of the federal award issued to the Agency under this Contract shall not affect the authority of the Recipient to recover Grant Funds from the Agency, as more specifically described in Federal Code 45 CFR §75.386 (“Post-closeout Adjustments and Continuing Responsibilities”) (Attachment “B”). In the event of any conflict between the provisions of this Contract and the Federal Code or the Federal Code section herein referenced, the Federal Code shall take precedence.
Post-Closeout Adjustments and Continuing Responsibilities. The closeout of the federal award issued to the Project Sponsor under this Contract shall not affect the authority of the Agent to recover Grant Funds from the Project Sponsor, as more specifically described in 2 CFR §200.344. In the event of any conflict between the provisions of this Contract and the Federal Code or the Federal Code section herein referenced, the Federal Code shall take precedence.
Post-Closeout Adjustments and Continuing Responsibilities. You must include provisions in each subaward to require the subrecipient to provide what you need in order to comply with the requirements of Part 8, Article VII.
Post-Closeout Adjustments and Continuing Responsibilities. The closeout of the federal award issued to the Administrative Agent under this Agreement shall not affect the authority of the City to recover Funds from the Administrative Agent, as more specifically described in 2 CFR § 200.345 (“Post close-out Adjustments and Continuing Responsibilities”). In the event of any conflict between the provisions of this Agreement and the Federal Code or the Federal Code section herein referenced, the Federal Code shall take precedence.
Post-Closeout Adjustments and Continuing Responsibilities. DEVELOPER shall comply with the requirements of 2 CFR 200.344 “Post-Closeout Adjustments and Continuing Responsibilities”.