Illinois Administrative Code
Title 44 - GOVERNMENT CONTRACTS, GRANTMAKING, PROCUREMENT AND PROPERTY MANAGEMENT
Part 7000 - GRANT ACCOUNTABILITY AND TRANSPARENCY ACT
Subpart E - STATE POST-AWARD REQUIREMENTS
Section 7000.450 - Continuing Responsibilities
Universal Citation: 44 IL Admin Code ยง 7000.450
Current through Register Vol. 48, No. 38, September 20, 2024
a) The closeout of a State-issued award does not affect any of the following:
1) The right of the State agency to disallow
costs and recover funds based on a later audit or other review. The agency must
make any cost disallowance determination and notify the awardee within the
record retention period.
2) The
obligation of the awardee to return any funds due as a result of later refunds,
corrections or other transactions, including final indirect cost rate
adjustments.
3) Consolidated
year-end financial report. (See Section
7000.90(h).)
4) Audit requirements established in this
Part.
5) Property management and
disposition requirements in UR sections
200.310 through 316.
6) Records retention. (See Section
7000.430.)
b) After closeout of the grant, a relationship created under the Grant Agreement may be modified or ended in whole or in part with the consent of the agency and the awardee, provided the responsibilities of the awardee referred to in subsection (a) are considered and provision is made for continuing responsibilities of the awardee, as appropriate.
c) Collection of Amounts Due
1) Any funds paid to the awardee
in excess of the amount to which the awardee is finally determined to be
entitled under the Grant Agreement constitute a debt to the State of Illinois.
If not paid within 60 calendar days after demand, the State agency may reduce
the debt by:
A) Making an administrative
offset against other requests for reimbursements;
B) Withholding advance payments otherwise due
to the awardee;
C) Arranging a
repayment plan; or
D) Other action
permitted by the Illinois State Collection Act of 1986.
2) The agency shall charge interest on an
overdue debt in accordance with the Illinois State Collection Act of 1986. The
date from which interest is computed is not extended by litigation or the
filing of an appeal.
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