Step 8: Closeout

Post Award Step 8: Closeout

Closeout is the final reconciliation and reporting of expenses and project activities and is a shared responsibility between investigators, university research offices including the Office of Sponsored Research and Programs, the Office of Research Integrity and Compliance, the Office of Technology Development, and Research-Post Award. Closeout involves a review of project expenditures, resolution of open commitments, project personnel labor redistribution, removal of any unallowable expense including overdraft, subcontract reviews including ensuring receipt and payment of invoices, and preparation of final deliverables and reports for the project sponsor.