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NEW ACCOUNT REQUEST FORM GRANT/ACCOUNT NAME: ___ PI/ PROJECT DIRECTOR: ___ DEPARTMENT: ___ AWARD AMOUNT: ___ REQUEST TO:Addenda #:ModifyCONTINUATION GRANT:Grant PERIOD:Modification type NothroughGrantScholarshipGiftFunding
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01
Gather all necessary information related to the project, including the fixed price contract details.
02
Review the project's progress and determine if all deliverables have been completed according to the contract requirements.
03
Create a checklist of all the tasks that need to be completed for the close-out process.
04
Submit any required documentation, such as final reports, invoices, and project evaluations.
05
Notify all stakeholders involved in the project about the close-out process and provide them with any necessary information.
06
Conduct a final review of the project to ensure all requirements have been met.
07
Obtain sign-off from the client or project sponsor to officially close out the project.

Who needs pi fixed price close-out?

01
Project managers who are responsible for overseeing fixed price contracts and ensuring that all deliverables are completed according to the contract terms.
02
Contract administrators who need to ensure that all documentation and tasks are completed for the successful close-out of the project.
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Pi fixed price close-out is a process to reconcile the final costs of a fixed price contract and determine the final payment amount.
Contractors who have completed a fixed price contract are required to file pi fixed price close-out.
Pi fixed price close-out can be filled out by submitting the final costs and completion status of the contract to the relevant authority.
The purpose of pi fixed price close-out is to ensure that the final payment amount is accurately calculated based on the actual costs incurred during the contract.
The final costs, completion status, and any relevant documentation must be reported on pi fixed price close-out.
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