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Get the free NEW Sponsored Project Closeout Checklist - sponsoredprograms illinois

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Sponsored Project Closeout Checklist Grant Code: Fund (s): Title: Total Award: $ PI: Project Period: Final Reports/Invoice Due: GO Contact: 1. Review Account Terms and Conditions Fund Method? Fixed
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How to fill out new sponsored project closeout

01
Gather all required project documents such as expenditure reports, progress reports, and final financial statements.
02
Review the project's budget and ensure that all expenses have been properly documented and accounted for.
03
Complete any necessary forms or templates provided by the funding agency for project closeout.
04
Double-check all project deliverables and ensure that they have been successfully submitted to the funding agency.
05
Prepare a summary report highlighting the project's achievements, challenges faced, and lessons learned.
06
Obtain any necessary approvals or signatures required for project closeout.
07
Submit the completed project closeout package to the appropriate department or contact at the funding agency.
08
Follow up with the funding agency to ensure that the project closeout package has been received and accepted.
09
Archive all project documents and records in accordance with organizational and funding agency requirements.

Who needs new sponsored project closeout?

01
Any organization or individual who has received funding for a sponsored project needs to complete the new sponsored project closeout.
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The new sponsored project closeout is the process of finalizing all financial and administrative aspects of a sponsored project once it has been completed.
The principal investigator and their team are required to file the new sponsored project closeout.
The new sponsored project closeout can be filled out by submitting all necessary financial and administrative documentation to the appropriate office.
The purpose of the new sponsored project closeout is to ensure that all project funds have been spent appropriately and all reporting requirements have been met.
The new sponsored project closeout must report on the project budget, expenses, outcomes, and any remaining funds.
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