NSF – Grant Closeout

“345     Grant Closeout
http://www.nsf.gov/pubs/2002/nsf02151/gpm02_151.doc

Grant closeout is the process by which NSF determines that all applicable administrative actions and all required work of the grant have been completed.  Grants will be closed upon receipt of the final disbursement information in the Federal Cash Transaction Report (FCTR) and Final Project Report, and after determination that any other administrative requirements in the grant have been met.  In the event a final audit has not been performed prior to the closeout of the grant, NSF reserves the right to recover appropriate amounts after fully considering the recommendations on disallowed costs resulting from the final audit.”

All reporting to NSF is done electronically via NSF Fastlane.  https://www.fastlane.nsf.gov/fastlane.jsp