Contract Closeout definition

Contract Closeout means the date that the services are complete.
Contract Closeout means the date that the services are complete as per the Construction Lien Act.
Contract Closeout means the process by which the parties determine that all applicable administrative actions and all required work of the contract have been completed by the contractor and the department. “Suspension” of a contract means temporary withdrawal of the contractor’s authority to obligate contracted funds pending corrective action by the contractor or a decision to terminate the contract.

Examples of Contract Closeout in a sentence

  • Grantee shall submit annual Contract Closeout documentation each fiscal year with a final contract closeout due October 15 of the final contract year.

  • The Provider Agency shall comply with all requirements of Policy Circular P7.01, Contract Closeout, including the timely submittal of the Final Report of Expenditures and any other financial or programmatic reports required by the Department.

  • All information systems development or enhancement tasks supported by the contractor shall follow the HHS EPLC framework and methodology or and in accordance with the HHS Contract Closeout Guide (2012).

  • Expenses incurred during the Program Period may be paid up to 30 days after the end of the Program Period and included in the Final Payment Request for the Program Period, which shall be due no later than 11:59 p.m. CST 5 calendar days before the due date for the Grantee’s annual Contract Progress Report or Contract Closeout Summary Report, whichever is applicable.

  • The Contractor shall comply with all provisions of the Contract Documents including but not limited to, those for Final Inspection, Acceptance, Contract Closeout and Final Payment.

  • Grantee shall submit annual Contract Closeout documentation each fiscal year, with a final contract closeout due October 15 of the final contract year.

  • Expenses incurred during the Program Period may be paid up to 30 days after the end of the Program Period and included in the Final Payment Request for the Program Period, which shall be due no later than 5 p.m. CST 5 business days before the due date for the Grantee’s annual Contract Progress Report or Contract Closeout Summary Report, whichever is applicable.

  • In addition, the City shall not be liable for any costs incurred by Grantee which were: a) incurred prior to the effective date of this Agreement or outside the Agreement period as referenced in Sections 4.1.2 and 4.8.1., or b) not billed to the City within 5 business days before the due date for the Grantee’s annual Contract Progress Report or Contract Closeout Summary Report, whichever is applicable.

  • Within sixty (60) days after each annual anniversary of the effective date of this Agreement, the CONTRACTOR shall provide the Contract Administrator with a Contract Closeout Report, in a form established by the County Auditor- Controller.

  • Government Designated System 15 G.27 Master Contract Closeout Corrections requested to the government designated system data.


More Definitions of Contract Closeout

Contract Closeout means the date that the services are complete as per the schedule of work outlined in the Articles of Agreement.
Contract Closeout. If the amount payable by the Owner to the Contractor is less than the Guaranteed Maximum Price, The Contractor shall submit for Owner’s review and approval, a Draft of the Final Change Order that shows the calculations to arrive at a reduced and adjusted Guaranteed Maximum Price and clearly describes the amounts for the Final Payment, payable by the Owner to the Contractor to include the Contractor’s Incentive Payment. See Attached Final Change Order Example.
Contract Closeout means the final process or final steps to be taken upon completion or termination of a contract. It may include such operations as processing final payment, recovering all equipment purchased according to the terms of the contract, or recovering any overpayment.
Contract Closeout. The term “Contract Closeout” means the process by which the Contractor documents fulfillment of all obligations under the Contract. This process follows Final Acceptance of the construction portion of the Work. Contract Closeout is a condition precedent to final payment.

Related to Contract Closeout

  • Mail order pharmacy means a pharmacy licensed by this

  • EPC Contract means the Seller’s engineering, procurement and construction contract with the EPC Contractor.

  • Project Completion Schedule means the progressive Project Milestones set forth in Schedule-J for completion of the Project Highway on or before the Scheduled Completion Date;

  • Interconnection Feasibility Study means either a Generation Interconnection Feasibility Study or Transmission Interconnection Feasibility Study.

  • Contract carrier means any person who, under special and individual contracts or agreements, and