Iowa Admin. Code r. 875-171.7 - [Effective until 2/26/2025] Adjustments and collections
(1)
Disallowances and adjustments. The closeout of a grant does
not affect the commissioner's right to disallow costs and recover funds on the
basis of an audit or other postgrant period review or the grantee's obligation
to return any funds due as a result of unexpended funds, refunds, corrections
or other transactions.
(2)
Collection. Any funds paid to a grantee in excess of the
amount to which the grantee is finally determined to be due under the terms of
the award constitute a debt to the state of Iowa. Amounts are due within 30
days of demand.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.