627.490—Later disallowances and adjustments after closeout.
The closeout of a grant does not affect:
(a)
The Grant Officer's right to disallow costs and recover funds on the basis of a later audit or other review;
(b)
The recipient's obligation to return any funds due as a result of later refunds, corrections, subrecipient audit disallowances, or other transactions;
(c)
Records retention requirements in § 627.460 of this part, Requirements for records, and § 627.463 of this part, Public access to records;
(e)
Audit and audit resolution requirements in § 627.480 of this part, Audits and § 627.481 of this part, Audit resolution.