Financial Accounting & Reconciliation, Section 705

Section 705

HEADNOTES

CONCLUSION

FEMA finds that the Applicant has not substantiated that the costs are directly tied to the performance of eligible work or that final costs are based on the actual documented cost of the completed approved scope of work. Consequently, FEMA properly corrected the project funding at closeout based on properly supported actual costs, which does not implicate a section 705(c) analysis. Therefore, this appeal is denied.

AUTHORITIES

Financial Accounting & Reconciliation, Section 705