Common use of A Contract Closeout Clause in Contracts

A Contract Closeout. Summary Report using the forms in the City’s contract management system shall be completed by the Grantee and submitted to the City within 60 calendar days following the expiration or termination of this Agreement. Any encumbrances of funds incurred prior to the date of termination of this Agreement shall be subject to verification by the City. Upon termination of this Agreement, any unused funds, unobligated funds, rebates, credits, or interest earned on funds received under this Agreement shall be returned to the City.

Appears in 11 contracts

Samples: Business Associate Agreement, Agreement, Agreement

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