Final Closeout definition

Final Closeout means the written notification to a Recipient by the Department that the final required audit or an attestation statement that a Single Audit is not required for an administratively closed subgrant has been approved by the Department. The date that the Department issues the notice of subgrant final closeout starts the six-year records retention period for subgrant files.
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Examples of Final Closeout in a sentence

  • There are two stages in the closeout process: Administrative Closeout and Final Closeout.

  • Implementation Phase Services - Schematic Design through Construction Documents, Bidding/Negotiation, Construction Administration and Final Closeout: Following the Initiating Phase, the University may select, in its sole discretion, one of the following project implementation options: 1.

  • All funds are considered PI until the MSF has issued the RLFA written notice (Final Closeout letter and Final Certification of Completion) that the project has met its National Objective and been determined to be a Successful Project.

  • Once the required documentation is submitted and deemed complete, the Loan Program Specialist will complete the Closeout Review Worksheet and email the Final Closeout Letter and Certification of Completion to the C-RLF or RLFA.

  • Final disbursement shall be made only after DEO has approved the Defense Grant Final Closeout Form.

  • Notwithstanding the foregoing, CONTRACTOR shall provide DISTRICT with all documentation required by this AGREEMENT, including the Final Closeout Agreement and Release of All Claims, as well as any other documents required by the CONTRACT DOCUMENTS such as as-builts, red-line plans, manufacturers and specific guarantees, and owner’s manuals prior to receiving final payment.

  • The city/county may retain 50 percent of the interest on the loan repayment after all jobs have been created and an Administrative or Final Closeout has been issued by the DCS.

  • GIR-10-20: END OF GRANT INSTRUCTIONS, See also §200.343 GRANT CLOSEOUTFORM 5: Final Closeout Report FORM 14: Subgrant Financial Report All expenses, grant activities, goals, and objectives must be completed by the last day the of the program’s grant end period, recipients should refer to their signed grant agreement for individual grant periods.

  • Submit all project records, including record “As-Built” drawings, and Final Closeout package in the Department’s standard format to the PM after project completion.

  • Upon receipt and acceptance of the subrecipient ’s final audit required under 2 CFR Part 200, for a subrecipient that has already been administratively closed, Office of Long-Term Resiliency will send the subrecipient a Notice of Final Closeout letter.

Related to Final Closeout

  • Final closure means the closure of all hazardous waste management units at the facility in accordance with all applicable closure requirements so that hazardous waste management activities under sections 264 and 265 of this regulation are no longer conducted at the facility unless subject to the provisions in § 262.34.

  • Final Closing means the last closing under the Private Placement;

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.

  • Final Closing Statement has the meaning set forth in Section 2.5(d).

  • Final Closing Cash shall have the meaning set forth in Section 2.11(g).

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).

  • Final Closing Balance Sheet shall have the meaning set forth in Section 2.3(e).

  • Final Closing Indebtedness has the meaning set forth in Section 3.3(b).

  • Commercial Close means the date the Project Agreement is signed by the Preferred Proponent and the Signing Parties;

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).

  • Put Closing shall have the meaning set forth in Section 2.3.8.

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Partial closure means the closure of a hazardous waste management unit in accordance with the applicable closure requirements of Sections 264 and 265 of this regulation at a facility that contains other active hazardous waste management units. For example, partial closure may include the closure of a tank (including its associated piping and underlying containment systems), landfill cell, surface impoundment, waste pile, or other hazardous waste management unit, while other units of the same facility continue to operate.

  • Original Closing Date means March 21, 2013.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Post-Closing Agreement shall have the meaning set forth in Section 8.9.

  • Second Closing has the meaning set forth in Section 2.2.

  • Second Closing Date has the meaning set forth in Section 1.3.

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Increased Facility Closing Date any Business Day designated as such in an Increased Facility Activation Notice.

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Subsequent Closing has the meaning set forth in Section 3.2.