Section 230.366  Resolution of Audit Findings

a)         Grantees and contractors will have the maximum of 180 calendar days from the date of receipt of the final audit report to resolve any audit findings and/or questioned costs.  Repayment of questioned costs based upon any negotiated settlement must be completed within a negotiated timeframe.

b)         If audit findings of a grantee and contractor indicate a condition specified in Section 230.140(a)(1-4) of this Part, the Department will further investigate to determine if suspension or termination is warranted.

(Source:  Added at 18 Ill. Reg. 14072, effective September 1, 1994)