CFR > Title 45 > Subtitle B > Chapter IV > Part 402 > Subpart C – Administration of Grants
Current as of: 2024 | Check for updates
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Other versions
| § 402.20 | General provisions |
| § 402.21 | Fiscal control |
| § 402.23 | Repayment |
| § 402.24 | Withholding |
| § 402.25 | Appeals |
| § 402.26 | Time period for obligation and expenditure of grant funds |
Terms Used In CFR > Title 45 > Subtitle B > Chapter IV > Part 402 > Subpart C - Administration of Grants
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.