PAP.11.2.220 Post-Closeout Adjustments and Continuing Responsibilities

(a) The Tribe will adhere to procedures for post-closeout adjustments and continuing responsibilities of grants at the end of the awarded period in accordance with 2 CFR §200.344 and §200.344, "Post Closeout Adjustments and Continuing Responsibilities".

(b) The closeout of a federal award does not affect any of the following.

(1) The right of the Federal awarding agency or pass-through entity to disallow costs and recover funds on the basis of a later audit or other review. The Federal awarding agency or passthrough entity must make any cost disallowance determination and notify the Tribe within the record retention period.

(2) The obligation of the Tribe to return any funds due as a result of later refunds, corrections, or other transactions including final indirect cost rate adjustments.

(3) Audit requirements in Subpart F—Audit Requirements of this part.

(4) Property management and disposition requirements in Subpart D— Post Federal Award Requirements of this part, pursuant to 2 CFR §200.310-200.316.

(5) Records retention as required in Subpart D—Post Federal Award Requirements of this part, 2 CFR §§200.333-200.337.

(b) After closeout of the Federal award, a relationship created under the Federal award may be modified or ended in whole or in part with the consent of the Federal awarding agency or pass-through entity and the Tribe, provided the responsibilities of the Tribe referred to in paragraph (a) of this section including those for property management as applicable, are considered and provisions made for continuing responsibilities of the Tribe, as appropriate.