NAC445A.67629. Maintenance of records and accounts.

     1. A recipient shall:

     (a) Establish an official file for the water project, which must contain an adequate record of all significant actions relating to the water project;

     (b) Establish accounts that accurately and adequately show all amounts of money:

          (1) Received as financial assistance from the Account for the Revolving Fund;

          (2) Received and spent on the water project; and

          (3) Received as income from the water project;

     (c) Establish a system of accounting, which ensures that the total costs of the water project, including all direct and indirect costs, are recorded accurately;

     (d) Establish and maintain such other accounts and records as are required by the Division to comply with requirements for reporting established by the Federal Government; and

     (e) Retain all records relating to the water project for at least 3 years after final repayment of financial assistance has been made or for any longer period required by the Division.

     2. Any records of a recipient relating to a water project must be made available at any reasonable time for inspection or copying by any authorized representative of the Division.

     (Added to NAC by Bd. of Health by R067-98, eff. 7-23-98)