Contract Closeout Procedures
Contract closeout is the process of verifying that all contractual obligations have been met and settling all financial matters. Proper closeout procedures ensure final indirect cost rates are settled and all deliverables are accepted.
Click any question to start a conversation with the AI expert.
What are the required timeframes for contract closeout?
How does quick-closeout work and when is it available?
What documents are needed for final contract closeout?
How are final indirect cost rates settled?
What are the record retention requirements after closeout?
How do I handle subcontract closeout?
Get instant, expert answers from our AI-powered compliance assistant.