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. � <br /> (7) Be satisfactorily documented; and <br /> (8) Be treated uniformly and consistently under . <br /> accounting principles and procedures approved and prescribed <br /> by the Government for the Recipient; and those approved or <br /> prescribed by the Recipient for its contractors. <br /> d. Disallowed Costs. In determining the amount of Federal <br /> assistance the FTA will provide, the FTA will exclude: <br /> (1) Any Project costs incurred by the Recipient before <br /> the Obligation Date of this Agreement or Amendment thereof, <br /> whichever is later, unless otherwise permitted by Federal law <br /> or regulation, or unless an authorized repreaentative of the <br /> Government states in writing to the contrary; <br /> (2) Any costs incurred by the Recipient that are not <br /> included in the latest Approved Project Budget; and <br /> (3) Any costs attributable to goods or services received � <br /> under a contract or other arrangement that is required to be, <br /> but has not been, concurred in or approved in writing by the <br /> Government. <br /> The Recipient agrees that reimbursement of any cost under <br /> Part II, Section 107 of this Agreement does not constitute a <br /> final Government decision about the allowability of that cost <br /> and does not constitute a waiver of any violation by the <br /> Recipient of the terms of this Agreement. The Recipient <br /> understands that the Government will not make a final <br /> determination about the allowability of any cost until an <br /> audit of the Project has been completed. If the Government <br /> determines that the Recipient is not entitled to receive any <br /> part of the Federal funds requested, the Government will <br /> notify the Recipient stating the reasons therefor. Project <br /> closeout will not alter the Recipient's obligation to return <br /> any funds due to the Government as a result of later refunds, <br /> corrections, or other transactions. Nor will Project <br /> closeout alter the Government's right to disallow costs and <br /> recover funds on the basis of a later audit or other review. <br /> Unless prohibited by law, the Government may offset any <br /> Federal assistance funds to be made available under this <br /> Project as needed to satisfy any outstanding monetary claims <br /> that the Government may have against the Recipient. <br /> Exceptions pertaining to disallowed costs are set forth in <br /> FTA directives or in other written Federal guidance. <br /> e. Bond Interest and Other Financing Costs. To the extent . <br /> permitted in writing by the FTA, bond interest and other <br /> financing costs are allowable. <br /> Page 12 <br />