Biomedical Research and Research Training

Post Assistance Requirements

Reports:
Annual progress and selected financial status reports for continuing projects and final progress and financial reports on all projects upon conclusion are required. Recipients of NRSAs are required to file termination reports to ascertain compliance with the service and payback provisions.

Audits:
In accordance with the provisions of OMB Circular No. A-133 (Revised, June 24, 1997), "Audits of States, Local Governments, and Non-Profit Organizations," nonfederal entities that expend financial assistance of $300,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Audits of profit making organizations are addressed in 45 CFR Part 72 (Subpart C, Section 74.26). In addition, grants and cooperative agreements are subject to inspection and audits by DHHS and other Federal government officials.

Records:
Expenditures and other financial records must be retained for 3 years from the day on which the grantee submits the last financial status report for the report period.