TITLE 36 - PARKS, FORESTS, AND PUBLIC PROPERTY

CHAPTER XII - NATIONAL ARCHIVES AND RECORDS ADMINISTRATION

SUBCHAPTER A - GENERAL RULES

PART 1207 - UNIFORM ADMINISTRATIVE REQUIREMENTS FOR GRANTS AND COOPERATIVE AGREEMENTS TO STATE AND LOCAL GOVERNMENTS

subpart c - POST - AWARD REQUIREMENTS

1207.23 - Period of availability of funds.

  (a) General. Where a funding period is specified, a grantee may charge to the award only costs resulting from obligations of the funding period unless carryover of unobligated balances is permitted, in which case the carryover balances may be charged for costs resulting from obligations of the subsequent funding period.

  (b) Liquidation of obligations. A grantee must liquidate all obligations incurred under the award not later than 90 days after the end of the funding period (or as specified in a program regulation) to coincide with the submission of the annual Financial Status Report (SF269). The Federal agency may extend this deadline at the request of the grantee.