Common use of Closeout Requirements Clause in Contracts

Closeout Requirements. As outlined in 2 CFR 200.343, the award closeout is the process by which the NFE and USDA awarding agency or pass-through entity determine that all required work of the award and all necessary administrative actions have been completed. Unless the USDA awarding agency grants an extension, the NFE must submit the following no later than 90 calendar days after the end date of the period of performance: • Financial, • Performance, and • Other reports as required by or identified in the terms and conditions

Closeout Requirements. As outlined in 2 CFR 200.343, the award closeout is the process by which the NFE and USDA awarding agency or pass-through entity determine that all required work of the award and all necessary administrative actions have been completed. Unless the USDA awarding agency grants an extension, the NFE must submit the following no later than 90 calendar days after the end date of the period of performance: •  Financial, •  Performance, and •  Other reports as required by or identified in the terms and conditions