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Code · U.S. Code · Title 42 - THE PUBLIC HEALTH AND WELFARE · CHAPTER 66— DOMESTIC VOLUNTEER SERVICES · SUBCHAPTER IV— ADMINISTRATION AND COORDINATION · § 5062

§ 5062. Audit

370 words·~2 min read·/usc/title-42/section-5062

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(a)Recordkeeping Each recipient of Federal grants, subgrants, contracts, subcontracts, or loans entered into under this chapter other than by formal advertising, and which are otherwise authorized by this chapter, shall keep such records as the Director or the Inspector General shall prescribe, including records which fully disclose the amount and disposition by such recipient of the proceeds of such assistance, the total cost of the project or undertaking in connection with which such assistance is given or used, the amount of that portion of the cost of the project or undertaking supplied by other sources, and such other records as will facilitate an effective audit.
(b)Access to books, documents, papers, and records; limitations The Director, the Inspector General, and the Comptroller General of the United States, or any of their duly authorized representatives, shall, until the expiration of three years after completion of the project or undertaking referred to in subsection
(a)of this section, have access for the purpose of audit and examination to any books, documents, papers, and records of such recipients which in the opinion of the Director, the Inspector General, or the Comptroller General may be related or pertinent to the grants, contracts, subcontracts, subgrants, or loans referred to in subsection (a).
(Pub. L. 93–113, title IV, § 422, Oct. 1, 1973, 87 Stat. 414; Pub. L. 103–82, title III, § 369, Sept. 21, 1993, 107 Stat. 909.)
Connections1 cite this · traces to 2
Cited by 1 section
statute-compilations
10 references not yet in our index
  • Pub. L. 93–113, title IV, § 422
  • 87 Stat. 414
  • Pub. L. 103–82, title III, § 369
  • 107 Stat. 909
  • Pub. L. 93–113
  • 87 Stat. 394
  • Pub. L. 103–82, § 369(1)
  • Pub. L. 103–82, § 369(2)
  • Pub. L. 103–82
  • section 392 of Pub. L. 103–82
Citation graph
cites case law
§ 5062
Audit
Stat. Comp.×1
U.S.C.§ 4950
U.S.C.§ 4951
Pub. L.Pub. L. 93–113, title IV, § 422
Stat.87 Stat. 414
Pub. L.Pub. L. 103–82, title III, § 369
Stat.107 Stat. 909
Pub. L.Pub. L. 93–113
Cites 12 · showing 7Cited by 1 across 1 source
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