45 CFR § 287.55 - What time frames and guidelines apply regarding the obligation and liquidation periods for NEW Program funds?

---
identifier: "/us/cfr/t45/s287.55"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "45 CFR § 287.55 - What time frames and guidelines apply regarding the obligation and liquidation periods for NEW Program funds?"
title_number: 45
title_name: "Public Welfare"
section_number: "287.55"
section_name: "What time frames and guidelines apply regarding the obligation and liquidation periods for NEW Program funds?"
chapter_name: "OFFICE OF FAMILY ASSISTANCE (ASSISTANCE PROGRAMS), ADMINISTRATION FOR CHILDREN AND FAMILIES, DEPARTMENT OF HEALTH AND HUMAN SERVICES"
part_number: "287"
part_name: "THE NATIVE EMPLOYMENT WORKS (NEW) PROGRAM"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "42 U.S.C. 612."
regulatory_source: "65 FR 8554, Feb. 18, 2000, unless otherwise noted."
cfr_part: "287"
---


# 287.55 What time frames and guidelines apply regarding the obligation and liquidation periods for NEW Program funds?

(a) NEW Program funds provided for a FY are for use during the period July 1 through June 30 and must be obligated no later than June 30. Carry forward of an unobligated balance of NEW funds is not permitted. A NEW fund balance that is unobligated as of June 30 will be returned to the Federal government through the issuance of a negative grant award. Unobligated funds are to be reported on the SF-269A that Tribes must submit within 30 days after the funding period, *i.e.,* no later than July 30. This report is called the interim financial report.

(b) A Tribe must liquidate all obligations incurred under the NEW Program grant awards not later than one year after the end of the obligation period, *i.e.,* no later than June 30 of the following FY. An unliquidated balance at the close of the liquidation period will be returned to the Federal government through the issuance of a negative grant award. Unliquidated obligations are to be reported on the SF-269A that Tribes must submit within 90 days after the liquidation period, *i.e.,* by September 28. This report is called the final financial report.