Reference Materials

Grantee Guidance on FRA Closeout Procedures

  • 06
  • Feb
  • 2017
SUBJECT: Grants & Financial Assistance
KEYWORDS: Grantee Guidance
ABSTRACT: Closeout is the process by which the Federal Railroad Administration (FRA) formally ends a grant agreement and is required by 2 CFR 200.343. The closeout process determines that all applicable administrative actions and work required under the award have been completed. The process typically takes place at the end of an award’s period of performance (PoP) but may occur sooner if a project is completed ahead of schedule.
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