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This document outlines the closeout procedures and requirements for the EPA Brownfields Revolving Loan Fund assistance agreement, detailing management of post-closeout program income and necessary
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How to fill out CLOSEOUT AGREEMENT BETWEEN UNITED STATES ENVIRONMENTAL PROTECTION AGENCY, REGION 1 AND THE CITY OF BRIDGEPORT CONCERNING CLOSEOUT OF ASSISTANCE AGREEMENT BF98191001

01
Review the terms of the Assistance Agreement BF98191001 to understand all the requirements.
02
Gather all necessary documentation related to the project, including financial records, progress reports, and final project deliverables.
03
Prepare a summary of the work completed and how it aligns with the objectives of the assistance agreement.
04
Fill out the closeout agreement form with accurate information regarding the project completion and ensure all sections are completed.
05
Attach all required supporting documents, such as final invoices, receipts, and proof of compliance with EPA regulations.
06
Submit the completed closeout agreement package to the appropriate EPA contact for review.
07
Follow up with the EPA to ensure that the closeout agreement has been processed and any final approvals are received.

Who needs CLOSEOUT AGREEMENT BETWEEN UNITED STATES ENVIRONMENTAL PROTECTION AGENCY, REGION 1 AND THE CITY OF BRIDGEPORT CONCERNING CLOSEOUT OF ASSISTANCE AGREEMENT BF98191001?

01
The City of Bridgeport, as the primary recipient of the assistance agreement.
02
EPA officials who need to finalize documentation and ensure compliance with federal regulations.
03
Stakeholders involved in the project who require confirmation of the project's completion and outcomes.
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People Also Ask about

The Collaborative Problem-Solving (CPS) Cooperative Agreement Program provides financial assistance to eligible organizations working to address local environmental or public health issues in their communities.
Electronic Payment Authorization (EPA)
The grant instrument is used to administer awards that do not require NIH involvement beyond standard agency monitoring and stewardship. Under a cooperative agreement, NIH expects to be substantially involved in carrying out the project.
The Environmental Protection Agency (EPA) protects people and the environment from significant health risks, sponsors and conducts research, and develops and enforces environmental regulations.
The assistance agreement award document contains various terms and conditions and is a legally binding agreement between EPA and the recipient organization. There are three types of terms and conditions: administrative, programmatic, and high-risk.
Like grants, cooperative agreements are funding mechanisms used by the Federal Government. The main difference between a grant and a cooperative agreement is that a cooperative agreement involves “substantial staff involvement” from a federal agency.
A cooperative agreement is a hybrid between a contract and a grant. While its purpose is typically similar to a grant in that it focuses on increased scientific knowledge, the sponsor takes a more active role as a partner to the research, rather than just a funder.
A cooperative agreement is another form of financial aid. The granting agency and the grantee work together to carry out the purpose of the award. Contracts are financial transactions. Federal agencies buy property or services for their direct benefit or use from a service provider.
A “grant” is an agreement when EPA is not substantially involved in carrying out project activities. In a cooperative agreement, EPA has substantial involvement in conducting project activities.
EPA = Economic Partnership Agreement. An “EPA (Economic Partnership Agreement)” is a treaty that provides commitment to the following items in order to promote trade and investments between specific countries or regions. Examples of commitments included in EPAs.

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The Closeout Agreement is a formal document that finalizes the obligations and terms of the assistance agreement between the United States Environmental Protection Agency (EPA), Region 1, and the City of Bridgeport, ensuring that all responsibilities and financial considerations have been addressed.
The City of Bridgeport is required to file the Closeout Agreement as the recipient of the assistance provided by the EPA under the agreement.
To fill out the Closeout Agreement, the City of Bridgeport should provide accurate information on project completion status, financial expenditures, and any outstanding obligations or reports as required by the EPA.
The purpose of the Closeout Agreement is to officially document the completion of the assistance agreement, ensuring that all reporting requirements are met and the project outcomes are recognized.
The information that must be reported includes project expenditures, final project results, compliance with all terms and conditions of the agreement, and any remaining issues that need resolution.
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