At the end of a project, there are important considerations to make sure the project comes to an orderly close. The University has an obligation to sponsors to submit a final technical and financial report. The necessary closing procedures may vary, depending on the policies of the sponsoring agency and whether the support was in the form of a grant or contract.
Information regarding project closeout requirements are detailed in the award terms and conditions. Principal investigators (PIs), in coordination with the Office of Sponsored Programs (OSP), the Office of Sponsored Accounting (OSA) and departmental office staff, are responsible for overseeing the proper close out of sponsored projects, including timely submission of all required reports. In instances where inventions are disclosed as a result of a sponsored project, the Office of Technology Transfer (Tech Transfer) is also engaged in the closeout process.