1. The Authority shall conduct site visits, audits or reviews at least annually to ensure that a project funded pursuant to NRS 439A.350 to 439A.398, inclusive, complies with the requirements of those sections and the applicable funding agreement.
2. The Office of Finance may audit any project funded pursuant to NRS 439A.350 to 439A.398, inclusive, to ensure that the grantee is using the money awarded pursuant to NRS 439A.350 to 439A.398, inclusive, in an effective and efficient manner that accords with state and federal law and the applicable funding agreement.