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Get the free Subaward Closeout Request. Subaward Closeout Request Form - February 2024 - kc mit

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Subaward Closeout Request Please complete and submit this form to initiate the subaward closeout process. Contact subawardscloseout@mit.edu with any questions. Please Confirm the following: All required
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How to fill out subaward closeout request subaward

01
Obtain the subaward closeout request form from the sponsoring agency or prime awardee.
02
Enter the necessary information such as project title, grant number, period of performance, and final invoice amount.
03
Include details on any unobligated funds, forms or reports that need to be submitted, and any outstanding issues that need to be resolved.
04
Obtain the required approvals from the project director or principal investigator and the appropriate institutional official.
05
Submit the completed subaward closeout request form and any supporting documentation to the sponsoring agency or prime awardee by the specified deadline.

Who needs subaward closeout request subaward?

01
Any organization or institution that has received a subaward as part of a larger grant or contract may need to submit a subaward closeout request subaward when the subaward is coming to an end.
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A subaward closeout request subaward is a formal process where a recipient submits documentation to finalize and close out a subaward agreement, confirming that all activities and expenditures have been completed in accordance with the terms of the subaward.
The prime recipient of the grant or funding that has issued the subaward is required to file the subaward closeout request.
To fill out a subaward closeout request, one must gather all relevant documents, complete the required forms, ensure all expenses and deliverables are accounted for, and submit the forms along with any necessary attachments to the appropriate authority.
The purpose of a subaward closeout request is to ensure that all project activities have been completed, all financial obligations are settled, and to officially terminate the subaward agreement, allowing both parties to confirm the end of the project.
The information that must be reported includes a summary of project accomplishments, financial expenditures, any outstanding obligations, and a certification that all terms of the subaward have been met.
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