Closeout definition

Closeout means the process by which a Federal awarding agency de- termines that all applicable adminis- trative actions and all required work of the award have been completed by the recipient and Federal awarding agency.

Closeout means the process for Final Completion of the Project, but also includes the requirements for the DSA Certification that the Project is complete for DSA (See DSA Certification Guide). See Article 13.16.

Closeout means the process by which a Federal awarding agency determines that all applicable administrative actions and all required work of the award have been completed by the recipient and Federal awarding agency.

Examples of Closeout in a sentence

• Closeout will be conducted on the timelines and in the manner set forth in 2 CFR 200.344.

• The Design /Build Contractor shall provide “as-built” record drawings (1 set mylar and 2 sets bluelines) as described in the Owner’s Project Closeout of the specifications.

• The Closeout of a Federal Award does not affect the right of the federal awarding agency or the State to disallow costs and recover funds on the basis of a later audit or other review.

• Provider/Subgrantee shall remain obligated to comply with the current and future obligations of High-Speed NV Phase III (“HSNV-P3”) grant program, through the Closeout Date, except for those obligations that survive closeout and remain in force during the Federal Interest Period.

• During a period of five (5) years following the date of Closeout of the Project by the State, Provider must provide written notification to OSIT of any network outage within an RPA affecting more than twenty-five percent (25%) of all service addresses in the RPA lasting longer than eight (8) hours.

More Definitions of Closeout

Closeout means the process by which DOL determines that all applica- ble administrative actions and all re- quired work of the award have been completed by the recipient and DOL.

Closeout means the process by which the Department determines that 28 CFR Ch. I (7–1–12 Edition)all applicable administrative actions and all required work of the award have been completed by the recipient and the Department.

Closeout means the contractual requirements that apply after Substantial Completion of the Work and before final payment, as described in SECTION 017801

Closeout means the process by which the Federal awarding agency or pass-through entity determines that all applicable administrative actions and all required work of the Federal award have been completed and the grant may be closed. All reporting related to performance, finances, and other reporting must be submitted no later than 90 days after the end date of the award. New awards may be denied or delayed if existing awards are not properly closed. OSP is responsible for closing grants, awards, and contracts and will do so when the conditions described above are met.

Closeout means the process by which the Grants Officer determines that all applicable administrative ac- tions and all required work of the award have been completed by the re- cipient and the DoC.

Closeout means the normal process by which the awarding agency determines that all applicable administrative actions and all required work on the annual Grant have been completed.

Closeout the process by which the Government and CMF determine that all applicable administrative actions and all required work have been completed by the PAH.