Grant Closeout Sample Clauses

Grant Closeout. (a) In closing out Bureau grants, the following shall be observed:
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Grant Closeout. The Borrower shall, prior to grant closeout from the State, provide the Lender with all documentation necessary to demonstrate that the Loan has been used for the items and purposes set forth in the Grant Application.
Grant Closeout. The closeout of a grant is the process by which the DCA determines that all applicable administrative actions and all required work of the grant have been completed by the Grantee.
Grant Closeout. 1. The SUBRECIPIENT shall submit, within ten (10) days after the date of expiration of this Agreement, all final requests for reimbursement, a final budget including the investment of all resources made available to carry out the Project goals, final documentation of the source and use of contributions used to satisfy the matching requirements , the final Quarterly Beneficiaries Report an inventory of all equipment procured with ESG funds, and other reports as required herein.
Grant Closeout. All products for this project shall be submitted to ECOLOGY on or before June 30, 2015, or otherwise specified in the Scope of Work.
Grant Closeout. The Borrower shall, prior to grant closeout from the Grantor Agency, provide the City with all documentation necessary to demonstrate that the Loan has been used for the items and purposes set forth in the Grant Application.
Grant Closeout. Grant closeout is when all required work is completed, administrative ac- tions relating to the completion of work and expenditure of funds have been accomplished, the final project re- port has been submitted and found ac- ceptable by RUS and RUS accepts final expenditure information. No moni- toring action by RUS of the grantee is required after grant closeout. However, grantees remain responsible in accord- ance with the terms of the grant agree- ment for compliance with conditions on property acquired or derived through grant funds.
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Grant Closeout. The SUBRECIPIENT’s obligation to the COUNTY shall not end until all close-out requirements are completed. Activities during this close-out period shall include, but are not limited to: making final payments, disposing of program assets (including the return of all unused materials, equipment, unspent cash advances, program income balances, and accounts receivable to the COUNTY), and determining custodianship of records. Not withstanding the foregoing, the terms of this Agreement shall remain in effect during any period that the SUBRECIPIENT has control over CDBG funds, including program income. SUBRECIPIENT understands and acknowledges that all reporting requirements survive the expiration of this Agreement.
Grant Closeout. City will close out the grant provided under this Agreement to Subrecipient for the Activity when: (1) all Activity or other costs to be paid with CDBG Funds pursuant to the terms of this Agreement have been expended and drawn down by the Subrecipient, with the exception of closeout costs (e.g., audit costs); (2) the Activity for which CDBG Funds were expended is physically completed, eligible for use of CDBG Funds, has met a national objective under Title 24 C.F.R. section 570.208, and Subrecipient has reported on all accomplishments resulting from the Activity; (3) all audits and reports to be provided by Subrecipient under this Agreement have been properly completed and delivered to City; and (4) all other responsibilities of Subrecipient under this Agreement and applicable laws and regulations have been satisfactorily performed or there is no further City interest in keeping this Agreement open for the purpose of securing such performance. When all of the conditions to grant close out set forth in the immediately preceding sentence are satisfied, City will Notify Subrecipient that the grant has been closed out [Closeout Notice].
Grant Closeout. The closeout of a grant is a process through which HUD determines that all applicable administrative and program requirements of the grant were completed. In general, a grant is ready for closeout when the following conditions are met: • All individual activities were completed, met a national objective, and closed out in DRGR; • All contracts have completed closeout; • All grant funds were expended in full or all remaining funds are planned to be returned to HUD; • All reporting requirements were completed and submitted (except for the final report that is submitted during the closeout process, if applicable); • Any special conditions of the grant were met; and • All audit and monitoring issues affecting the grant were resolved. Closeout of an Individual Activity Individual elements of the CDBG-XX xxxxx may be closed out as a course of grant closeout. Closeout of individual activities are coordinated between HCD and the Subrecipients. Upon completion of the activity, DRGR must be updated with the project status. As individual activities of the grant are preparing to closeout, HCD reviews and updates the following in DRGR: • The total amount of funds drawn down for the activity • A final check for DOB • The activity type • The national objective • The grant activity accomplishments Individual activity completion should also be reflected in the QPR. Closeout of an Agreement CDBG-DR Subrecipients are required to submit the following to HCD for each contract to complete closeout: • The final request for funds; • Evidence of a public hearing reporting the grant accomplishments and expenditures of each project to the residents of the jurisdiction; and • If applicable, the final projects of the grant funding (planning studies, environmental review records, etc.). HCD reviews the documentation and processes the final funds requests if all provided documentation and the circumstances of the project warrant contract closeout. HCD disencumbers any remaining funds, if applicable, and enters all needed information in DRGR to show the activities and projects are “completed.” Once all documentation has been processed and DRGR has been updated, HCD sends a Closeout Letter to the Subrecipient, outlining all closeout requirements. Subrecipients are required to retain CDBG-DR records for a period of not less than five years after the fiscal year of their grant in accordance with CDBG-DR record retention requirements. HCD notifies Subrecipients when the HUD grant has been cl...
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