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Section 6—Post Award Requirements ( 2015 <br />Closeout In the Grant Closeout Letter, Cal OES will notify the subrecipient of the start of <br />(cont.) the record retention period for all programmatic and financial grant -related <br />records. <br />Note: Failure to maintain all grant records for the required retention period <br />could result in a reduction of grant funds, and an invoice to return costs <br />associated with the unsupported activities. <br />21 <br />