30 CFR §886.19
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
You must do all of the following in accordance with the requirements of 43 CFR part 12:
- (a)Accurately and timely account for grant funds;
- (b)Adequately safeguard all funds, property, and other assets and assure that they are used solely for authorized purposes;
- (c)Provide a comparison of actual amounts spent with budgeted amounts for each grant;
- (d)Request any cash advances as closely as possible to the actual time of the disbursement; and
- (e)Design a systematic method to assure timely and appropriate resolution of audit findings and recommendations.