Closeout is the final reconciliation and reporting of expenses and activities of a funded project. As the award recipient, the university has the responsibility and obligation to close the project and to submit necessary technical and final reports. Proper closeout of an award is also important for audit purposes.
As part of the closeout process, notices are sent 90, 60 and 30 days prior to expiration to the PI, departmental administrator, department chair/director, and College Dean.
Projects typically reach final closed status within 12 months of the project end date.
Please see the University Closeout of Sponsored Award policy as well as the information below for complete process and timing guidelines for final expenditures, p-card purchases and/or adjustments for expenditures.
Last updated: 3/16/2021