Common use of Large Projects Clause in Contracts

Large Projects. (1) The Grantee shall make an accounting to the RD of eligible costs for each approved large project. In submitting the accounting the Grantee shall certify that reported costs were incurred in the performance of eligible work, that the approved work was completed, that the project is in compliance with the provisions of the FEMA-State Agreement, and that payments for that project have been made in accordance with 44 CFR 13.21, Payments. Each large project shall be submitted as soon as practicable after the subgrantee has completed the ap- proved work and requested payment. (2) The RD shall review the account- ing to determine the eligible amount of reimbursement for each large project and approve eligible costs. If a discrep- ancy between reported costs and ap- proved funding exists, the RD may con- duct field reviews to gather additional information. If discrepancies in the claim cannot be resolved through a field review, a Federal audit may be conducted. If the RD determines that eligible costs exceed the initial ap- proval, he/she will obligate additional funds as necessary. [55 FR 2304, Jan. 23, 1990, as amended at 64 FR 55161, Oct. 12, 1999]