|Text of Recommendation|| |
Require the University of Cincinnati to remit $35,439 based on the TIP’s average rate of return, less no more than $320 ($500 minus the $180 already retained) for administrative expenses if applicable; and remit the actual amount of earned interest on any future advances of Federal funds, in accordance with 2 C.F.R. section 200.305(b)(9).
|Recommendation Number|| |
|Recommendation Status|| |
|Significant Recommendation|| |
|Recommendation Questioned Costs|| |
|Recommendation Funds for Better Use|| |