1. (a) The Coordinating Board may conduct compliance monitoring or audits of a grantee as a condition of accepting a grant award.
2. (b) To avoid duplication of effort and assist the Coordinating Board in identifying risk, a Grantee's internal auditor shall notify the Coordinating Board of any audits conducted by the grantee's internal or external auditor involving grant funds allocated or administered by the Coordinating Board or reports submitted to the Coordinating Board pursuant to §10.6 of this subchapter (relating to Reporting).
3. (c) The Coordinating Board may impose additional monitoring requirements on a grantee's use of grant funds as a result of audit, compliance monitoring or other discovery of reporting deficiencies.
4. (d) The Coordinating Board may impose a reimbursement payment schedule on a grantee's use of grant funds as a result of audit, compliance monitoring, or other discovery of reporting deficiencies.

Source Note:The provisions of this §10.7 adopted to be effective May 15, 2025, 50 TexReg 2785.