Contract Closeouts (8 CLPs)

Important Information from the NIH Training Center

It is our honor to serve you. Please note that while our scheduled FY 25 classes are available for registration in our course catalog, many classes will only proceed when HHS lifts the current procurement hold on external purchases. In the meantime, NIHTC is receiving registrations as approved by IC final approvers. As always, NIHTC will refund tuition for any classes that we cancel. If you have questions about your IC’s budget, we advise that you consult with your IC leadership to abide by their budgetary guidance.

Course Number
NIHTC9563
Description

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.

Key Topics
  • 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