Closeouts for Sponsored Projects

Policy number: 
13.013
Policy description: 

Sponsored projects must be closed out in a timely and accurate manner. Timeliness of reporting and closing out an award is crucial to sound award management in order to assure full compliance with sponsor requirements and regulations and to assure collection of all monetary reimbursement for costs.

Policy owner: VP for Research and Innovation
Policy contact: 
Charles Tarantino
Assistant VP, Office of Grants and Contracts
Research and Innovation
Applies to: 
All University
Date Issued: 
Thursday, June 18, 2020

Last updated: 

Date: 
06/15/2020
Action: 
New Policy
Comments: 
The area of research administration is a complex and evolving area. Federal, State and other Sponsor rules and regulations, policies and procedures are constantly being updated to address scientific, regulatory and administrative needs and requirements. Timely and accurate closeout is an area of Federal focus and compliance concern.