This one-day training covers the proper closeout and disposal procedures specific to Research & Development (R&D) contracts, Cost Reimbursement contracts, Fixed Price contracts, Time & Materials contracts, and GSA Schedule contracts. The course highlights the criteria for determining when quick closeout is preferable and reviews the complete quick closeout process and requirements. Additionally, students will learn the importance of proper administration of Government Furnished Property, including a thorough review of all relevant Federal laws on file maintenance and storage.
- Review of specific HHS Disposal Procedures
- Discussion of closeout procedures based on contractual type
- Review of HHS Government Furnished Property (GFE) disposal procedures and storage
Audience:
The NIH Acquisitions Community