Contract Closeouts

All NIHTC classes available for FY23 registration (August and September) are posted. If the class of interest to you is not posted, this class has either been conducted or is full. Check back in a few weeks when the NIHTC posts FY24 classes. Registration for FY24 classes begins in October.

Course Number

This one day training addresses the proper close out and disposal procedures specific to Research & Development (R&D) contracts, Cost Reimbursement contracts, Fixed Price, Time & Materials and GSA Schedule contracts. The course shall focus on how to determine when quick closeout is preferable as well as a review of all quick closeout process and requirements. Moreover, students will be instructed on the importance of proper administration of Government Furnished Property to include a review of all pertinent Federal laws on file maintenance and storage.

Key Topics
  • Review of specific HHS Disposal Procedures
  • Discussion of closeout procedures based on contractual type
  • Quick closeouts
  • Review of HHS Government Furnished Property (GFE) disposal procedures and storage


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