- (a) The CDE Audits and Investigations Division shall conduct a review of the audit to determine whether the audit is acceptable and to determine the contractor's net reimbursable program costs. The Audits and Investigation Division's determination of earnings shall be the final accounting of any amount payable to or receivable from the contractor pursuant to the contract.
- (b) The contractor may appeal the Audits and Investigations Division's findings according to the procedures specified in section 17826 of this chapter if the amount of the demand for remittance meets or exceeds the threshold specified in Education Code section 8309(a)(3).
- (c) The Audits and Investigations Division will not accept audit report submissions more than two years past the due date.
Note: Authority cited: Section 8231, Education Code. Reference: Sections 8231, 8309 and 8335, Education Code.
History
1. New section filed 7-1-2022; operative 7-1-2022 pursuant to Government Code section 11343.4(b)(3) (Register 2022, No. 26).