Closeout Requirements

Sponsors/Grantor/company generally require a basic set of reports in order to close an award. It is important to complete all the requirements in the time frame stipulated by the sponsor/grantor/company. The closeout documentation and the time frame for submission are stated in the terms and conditions of the award or contract. The usual terms require that the following reports be submitted within 30, 60 or 90 days of expiration of the award: