Closeout

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CDC initiates closeout after the period of performance end date listed in the Notice of Award (NOA). Closeout consists of the timely submission of all required programmatic and financial reports by the recipient and adjustments for remaining amounts due.

Grant closeout does not automatically cancel any requirements for property accountability, record retention, or financial accountability. Following closeout, the recipient remains obligated to return funds due as a result of later refunds, corrections, or other transactions. The federal government is entitled to recover amounts based on the results of an audit.

Required closeout reports include:

• Final Federal Financial Report (FFR)
• Final progress report
• Final Invention Statement
• Equipment Inventory Report

If additional reports are required, they will be identified in the terms and conditions of the NOA .

All closeout reports are due 120 days after the period of performance end date. Failure to submit timely and accurate reports may affect future funding to the organization.