Closeout Guidelines and Checklist

  • Policy under RA90 was developed for the closeout of all awards, including federally funded awards.
  • Policy under RA90 addresses Fixed Price Agreement Residual Balances and Transfers.
  • There are several steps to closing out an award. Attached here is an example of a Close Out Checklist showing all the steps necessary to successfully close out an award.
  • An FAQ for Fixed-Price Agrements - Residual Balance is here.