§ 2907. Contract and grant authority; records and audits
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/usc/title-15/section-2907A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Functions vested in any Federal officer or agency by this chapter or under the Program may be exercised through the facilities and personnel of the agency involved or, to the extent provided or approved in advance in appropriation Acts, by other persons or entities under contracts or grant arrangements entered into by such officer or agency.
(1)Each person or entity to which Federal funds are made available under a contract or grant arrangement as authorized by this chapter shall keep such records as the Director of the Office shall prescribe, including records which fully disclose the amount and disposition by such person or entity of such funds, the total cost of the activities for which such funds were so made available, the amount of that portion of such cost supplied from other sources, and such other records as will facilitate an effective audit.
(2)The Director of the Office and the Comptroller General of the United States, or any of their duly authorized representatives, shall, until the expiration of 3 years after the completion of the activities (referred to in paragraph (1)) of any person or entity pursuant to any contract or grant arrangement referred to in subsection (a), have access for the purpose of audit and examination to any books, documents, papers, and records of such person or entity which, in the judgment of the Director or the Comptroller General, may be related or pertinent to such contract or grant arrangement.
(Pub. L. 95–367, § 8, Sept. 17, 1978, 92 Stat. 604.)
Connections7 cite this
Cited by 7 sections
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- NoticesOffice of Global Programs, Office of Oceanic and Atmospheric Research, National Oceanic and Atmospheric Administration, Commerce
- NoticesNotice of Request for Letters of Intent and Guidelines for Submission of Full Proposals
- Proposed RulesOffice of Global Programs, Office of Oceanic and Atmospheric Research, National Oceanic and Atmospheric Administration, Commerce
- NoticesNotice
- NoticesNotice of availability of Federal assistance
- NoticesNotice
2 references not yet in our index
- Pub. L. 95–367, § 8
- 92 Stat. 604
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§ 2907
Contract and grant authority; records and audits
Fed. Reg.×6
Stat.×1
Pub. L.Pub. L. 95–367, § 8
Stat.92 Stat. 604
Cites 2Cited by 7 across 2 sources