Award Closeout
Award closeout is the final stage of a sponsored project, ensuring that all financial, technical, and administrative requirements are met in accordance with sponsor terms and conditions, University policy, and applicable federal regulations. Activities may include confirming allowable expenses, resolving account balances, redirecting recurring charges, and submitting required reports.
The Office for Sponsored Programs (OSP) manages Harvard’s closeout process, which requires timely and accurate submission of both financial and non-financial deliverables to sponsors. Departments and PIs play a key role in reviewing expenditures, meeting reporting deadlines, and ensuring compliance.