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This document is used to formally close out a subaward agreement, ensuring all financial obligations are settled and reporting any inventions related to the project.
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How to fill out subaward closeout form

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How to fill out Subaward Closeout Form

01
Obtain the Subaward Closeout Form from the appropriate administrative office or website.
02
Fill in the subrecipient's name and address at the top of the form.
03
Provide the dates of the subaward and the final project period.
04
List all expenditures made during the subaward period, including receipts and other relevant documentation.
05
Include a summary of the work completed and any significant findings or outcomes of the project.
06
Indicate the final amount of funding disbursed and any remaining unspent funds.
07
Attach any required signatures or approvals from authorized individuals.
08
Review the entire form for accuracy and completeness before submission.
09
Submit the completed form to the grantor or funding agency as specified in the guidelines.

Who needs Subaward Closeout Form?

01
The Subaward Closeout Form is needed by subrecipients of federal or state funding to formally close out their financial and performance obligations related to the subaward.
02
It is required by the primary recipient organization to ensure compliance with funder regulations and facilitate proper financial reconciliation.
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The Subaward Closeout Form is a document used to officially conclude a subaward agreement between a primary recipient and a subrecipient, ensuring that all final reports, financial documentation, and required deliverables have been submitted.
Typically, the primary recipient of the grant or contract is required to file the Subaward Closeout Form after the completion of the subrecipient's work, to ensure compliance with funding agency requirements.
To fill out the Subaward Closeout Form, a person must provide information about the subrecipient, the duration of the subaward, a summary of project outcomes, financial expenditures, remaining funds, and any final reports or deliverables.
The purpose of the Subaward Closeout Form is to ensure that all obligations under the subaward have been met, to finalize financial transactions, and to document the completion of the subrecipient's responsibilities to comply with grantor requirements.
The information that must be reported on the Subaward Closeout Form includes the subrecipient's details, project title, award number, total budget, expenditures, any unspent funds, summary of accomplishments, and any required documentation such as final reports.
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