Guide: How to Close Out an Award

Use these award closeout best practices to stay organized and be ready for anything that comes your way.

Award closeout involves collecting all essential documentation, completing final reports, and verifying that every expense has been properly recorded once the award period ends. To ensure compliance and accuracy, it’s important to begin preparing for closeout from the very start of the award.

In this guide, you’ll receive:

• Tips for staying organized and on schedule

• Checklists to help you plan for closeout at each stage of the award

• Best practices to support a timely and accurate closeout