Award Closeout Policy

Policy Number: 100-600-037 Academics and Research

Policy Title: Award Closeout Policy

Effective Date: April 3, 2007

Last Updated: March 10, 2010

Responsible Officer: Vice President for Research

Responsible Offices: Research Administrative Services (RAS)

Next Review Date: 2021

Summary: To ensure the prudent and compliant management of sponsored programs at Howard University and all related entities, business units, subsidiaries and affiliated organizations including, but not limited to, Howard University Hospital (hereinafter referred to collectively as “Howard University”) by providing for the accurate and timely closeout of sponsored awards including, but not limited to, the filing of reports, account reconciliation, and deactivation of the accounts in the accounting system.

Keywords: closeout, deactivation, closure, accounting, final documents, sponsored research, final invoice, OMB, award

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Award Closeout Policy

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