Common use of Closeout Procedures Clause in Contracts

Closeout Procedures. The closeout of this project shall mean the process by which the Department determines that all applicable administrative actions and all required work have been completed by the Grantee. This process shall include the following steps: A. The Grantee shall submit all reports as required and within the timeframes prescribed by this agreement. The Department may permit extensions when requested in writing by the Grantee; B. Extensions to the due date of the final report shall be made in accordance with Section XIX of the General Terms and Conditions – Grant Amendment. C. Unless otherwise specified, the Grantee shall, within thirty (30) days of the end of the Work Period, liquidate all obligations incurred under this agreement. D. The Grantee shall, within thirty (30) days of the end of the Work Period, refund to the Department any cash advanced but not committed to payment of eligible project costs in accordance with the Approved Project Budget (Attachment B). E. The Grantee shall refund to the Department any funds spent on costs which are disallowed by the Department, within thirty (30) days after the request. F. The Department retains the right to recover any appropriate amount after fully considering any recommendation on disallowed costs resulting from an audit conducted in accordance with Section XVIII of this Part – Audit Requirements. G. The Grantee shall account for any property acquired with agreement funds or received from the Department in accordance with Section VIII of this Part - Property Management Standards. H. The Department may negotiate agreement(s) with the Grantee regarding appropriate use of program income earned after the Work Period. I. The Grantee shall comply with any additional closeout procedures, Federal or otherwise, applicable to this agreement, and/or identified by the Department as necessary. J. The Department retains the right to request any additional information necessary to close out this project and may retain any final payment until closeout procedures are completed on the part of the Grantee.

Closeout Procedures. The closeout of this project shall mean the process by which the Department determines that all applicable administrative actions and all required work have been completed by the Grantee. This process shall include the following steps: A. The Grantee shall submit all reports as required and within the timeframes prescribed by this agreement. The Department may permit extensions when requested in writing by the Grantee;. B. Extensions to the due date of the final report shall be made in accordance with Section XIX of the General Terms and Conditions – Grant Amendment. C. Unless otherwise specified, the Grantee shall, within thirty (30) days of the end of the Work Period, liquidate all obligations incurred under this agreement. D. C. The Grantee shall, within thirty (30) days of the end of the Work Period, refund to the Department any cash advanced but not committed to payment of eligible project costs in accordance with the Approved Project Budget (Attachment B). E. D. The Grantee shall refund to the Department any funds spent on costs which are disallowed by the Department, . Such refund shall be made within thirty (30) days after the request. F. E. The Department retains the right to recover any appropriate amount after fully considering any recommendation on disallowed costs resulting from an audit conducted in accordance with Section XVIII XVII of this Part – Audit Requirements. G. F. The Grantee shall account for any property acquired with agreement funds or received from the Department in accordance with Section VIII VII of this Part - Property Management Standards. H. G. The Department may negotiate agreement(s) with the Grantee regarding appropriate use of program income earned after the Work Period. I. H. The Grantee shall comply with any additional Federal closeout procedures, Federal or otherwise, procedures applicable to this agreement, and/or identified by and the Department as necessary. J. The Department retains the right to request any additional information necessary to close out this project and project. I. The Department may retain any final grant payment until the closeout procedures are procedure is completed on the part of the Grantee.

Closeout Procedures. The closeout of this project contract shall mean the process by which the Department determines that all applicable administrative actions and all required work have been completed by the GranteeContractor. This process shall include the following steps: A. a. The Grantee Contractor shall submit all reports as required and within the timeframes prescribed by this agreementcontract. The Department may permit extensions of reports when requested in writing by the Grantee;Contractor. B. b. Extensions to the due date of the final report shall must be made in accordance with Section XIX XV of the General Terms and Conditions – Grant Contract Amendment. C. c. Unless otherwise specified, the Grantee Contractor shall, within thirty (30) days of the end of the Work Period, liquidate all obligations incurred under this agreementcontract. D. d. The Grantee Contractor shall, within thirty (30) days of the end of the Work Period, refund to the Department any cash advanced but not committed to payment of eligible project costs in accordance with the Approved Project Budget (Attachment B). E. e. The Grantee Contractor shall refund to the Department any funds spent on costs which are disallowed by the Department, within thirty (30) days after the request. F. f. The Department retains the right to recover any appropriate amount after fully considering any recommendation on disallowed costs resulting from an audit conducted in accordance with Section XVIII XIV of this Part the General Terms and Conditions – Audit Requirements. G. g. The Grantee Contractor shall account for any property acquired with agreement contract funds or received from the Department in accordance with Section VIII of this Part the General Terms and Conditions - Property Management Standards. H. h. The Department may negotiate agreement(s) with the Grantee regarding appropriate use of program income earned after the Work Period. I. The Grantee Contractor shall comply with any additional audit or closeout procedures, Federal or otherwise, applicable to this agreement, contract and/or identified by the Department as necessary. J. i. The Department retains the right to request any additional information necessary to close out this project contract and may retain any final payment until closeout procedures are completed on the part of the GranteeContractor.