Statutes, codes, and regulations
Virginia Administrative Code
Title 22 - SOCIAL SERVICESAgency 30 - DEPARTMENT FOR AGING AND REHABILITATIVE SERVICESChapter 60 - GRANTS TO AREA AGENCIES ON AGINGPart IV - Administration of Grants and Contracts
Article 1 - Principles and Standards for Financial Management and Accounting
Section 22VAC30-60-180 - Liquidation of obligations

22 Va. Admin. Code § 30-60-180

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Current through Register Vol. 41, No. 6, November 4, 2024
Section 22VAC30-60-180 - Liquidation of obligations
A. Grantees/contractors of the Virginia Department for Aging and Rehabilitative Services and subcontractors of the Area Agencies on Aging shall liquidate all obligations incurred under the Older Americans Act, as amended within 90 days of the end of the grant period. The Virginia Department for Aging and Rehabilitative Services shall consider written requests for waivers of this rule in the case of any multiyear subcontracts involving construction or renovation.
B. All Virginia general fund moneys shall be spent by June 30 of the year covered by the award. No unliquidated obligations shall exist beyond June 30.

22 Va. Admin. Code § 30-60-180

Derived from Virginia Register Volume 29, Issue 2, eff. October 24, 2012.

Statutory Authority

§ 51.5-131 of the Code of Virginia.