16 U.S.C. § 1459 — Records and audit
submitted 54 years ago by Pub. L. 89-454 to r/title-16-CONSERVATION · 279 words · no verdicts yet
Grant and financial-assistance recipients must keep records showing how money was received and used and the project’s other costs. The Secretary and Comptroller General may inspect relevant records for audits through the required period.
(a) A recipient of a grant under this chapter or of financial assistance under former section 1456a must keep the records the Secretary requires. The records must fully show the amount and use of grant money and assistance proceeds, the project’s total cost supplied by other sources, and other information needed for an effective audit.
(b) After a grant is made or assistance is provided, and until 3 years after (1) the project, program, or undertaking is completed or (2) the loan or guaranteed debt is repaid, the Secretary, the Comptroller General, and their authorized representatives must have access for audit and examination to any relevant record, book, document, or paper belonging to, used by, or controlled by the recipient or by anyone who took part in a transaction concerning the assistance. The access is to determine whether the money or proceeds are being or were used as this chapter requires.
Each recipient of a grant under this chapter or of financial assistance under section 1456a of this title, as in effect before November 5, 1990, shall keep such records as the Secretary shall prescribe, including records which fully disclose the amount and disposition of the funds received under the grant and of the proceeds of such assistance, the total cost of the project or undertaking supplied by other sources, and such other records as will facilitate an effective audit.
The Secretary and the Comptroller General of the United States, or any of their duly authorized representatives, shall—
after any grant is made under this chapter or any financial assistance is provided under section 1456a of this title, as in effect before November 5, 1990; and
until the expiration of 3 years after—
completion of the project, program, or other undertaking for which such grant was made or used, or
repayment of the loan or guaranteed indebtedness for which such financial assistance was provided,
have access for purposes of audit and examination to any record, book, document, and paper which belongs to or is used or controlled by, any recipient of the grant funds or any person who entered into any transaction relating to such financial assistance and which is pertinent for purposes of determining if the grant funds or the proceeds of such financial assistance are being, or were, used in accordance with the provisions of this chapter.
Source credit: (Pub. L. 89–454, title III, § 313, formerly § 310, as added Pub. L. 92–583, Oct. 27, 1972, 86 Stat. 1287; renumbered § 313 and amended Pub. L. 94–370, §§ 7, 11, July 26, 1976, 90 Stat. 1019, 1030; Pub. L. 102–587, title II, § 2205(b)(19), Nov. 4, 1992, 106 Stat. 5052.)
- 1972Enacted · Pub. L. 89-454 · 86 Stat. 1287
- 1976Amended · Pub. L. 94-370 · 90 Stat. 1019, 1030
- 1992Amended · Pub. L. 102-587 · 106 Stat. 5052
A history note hasn’t been published yet. The record shows enactment by Pub. L. 89-454 on 1972-10-27.
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