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Records <br />Retention Cont. <br /> <br /> <br /> <br /> <br />Closed grants may still be monitored and audited. Failure to <br />maintain all grant records for the required retention period could <br />result in a reduction of grant funds, and an invoice to return costs <br />associated with the unsupported activities. <br />If documents are retained longer than the required retention <br />period, FEMA, the DHS Office of Inspector General, Government <br />Accountability Office, and pass-through entity have the right to <br />access these records as well. See Title 2 C.F.R. § 200.333 and <br />200.336. <br /> <br /> <br />