§ 1164. Inspection and certification. The corporation shall provide
the means of ensuring compliance by recipients with each financing
agreement by:

1. Retaining the right to inspect and review work on each eligible
project in progress and upon completion, and determining whether such
work was undertaken and completed in compliance with all relevant plans
and the terms of such financing agreement;

2. Retaining the right to disburse or refuse to disburse payments to a
recipient pursuant to a financing agreement;

3. Retaining the right to disburse or refuse to disburse payments to a
recipient pursuant to a financing agreement based upon the
determinations of any review or audit;

4. Establishing remedies if work on an eligible project has not been
completed in accordance with all relevant plans and the terms of such
financing agreement due to factors within the recipient's control; and

5. Requiring a recipient to maintain project accounts with respect to
any eligible project.

Nothing herein shall be construed to affect or diminish the general
authority of the department to inspect and review the work on any
project financed pursuant to this title, or to inspect the records
relating to such project, for the purpose of determining compliance with
any other provisions of this chapter.