13 C.F.R. § 302.14 Records and audits.
Title 13 - Business Credit and Assistance
(a) Records. Recipients of Investment Assistance under PWEDA shall keep such records as EDA shall require, including records that fully disclose: (1) The amount and the disposition by the Recipient of the proceeds of the awarded Investment Assistance; (2) The total cost of the Project that the Investment Assistance funds; (3) The amount and nature of the portion of Project costs provided by other sources; and (4) Such other records as EDA determines will facilitate an effective audit. (b) Audits. The Recipient shall permit the Assistant Secretary, the Inspector General of the Department, the Comptroller General of the United States and/or any of their respective agents or representatives access to its properties in order to examine all books, correspondence, and records, including without limitation computer programs and data processing software, to verify the Recipient's compliance with Investment Assistance requirements.
Title 13: Business Credit and Assistance
PART 302—GENERAL TERMS AND CONDITIONS FOR INVESTMENT ASSISTANCE
§ 302.14 Records and audits.
