From the inbox after submission of a revised draft final report, usually a time of joy and relief, (emphasis added):
NOAA is required to report on its stewardship of various assets entrusted to it by Congress through the Chief Financial Officers Audit Act. The authority to expend Federal funds on grant related activities is one of those assets. Your grant has specific ongoing reporting requirements and closeout requirements that must be met by your organization within 90 days of expiration date of the award: 06/29/2009.
You have not submitted a final SF-269 by the due date, but you have drawn down $[all of the money]for this award. You are not in compliance with the terms and conditions of the award and have not accounted for your expenditures. Therefore all funds must be returned. Your Grants Specialist will contact you to discuss returning the funds to the Federal Government.
Your cooperation to properly account for tax payer funds is greatly appreciated.
Sincerely,
Grants Online
I'll return to blogging as soon as I finish properly accounting for tax payer funds.