§ 886.19. How must I account for grant funds?
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/us/cfr/t30/s§ 886.19·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
You must do all of the following in accordance with the requirements of 43 CFR part 12:
(a)Accurately and timely account for grant funds;
(b)Adequately safeguard all funds, property, and other assets and assure that they are used solely for authorized purposes;
(c)Provide a comparison of actual amounts spent with budgeted amounts for each grant;
(d)Request any cash advances as closely as possible to the actual time of the disbursement; and
(e)Design a systematic method to assure timely and appropriate resolution of audit findings and recommendations.
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- 43 CFR 12
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§ 886.19
How must I account for grant funds?
Cite43 CFR 12
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