Section 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.